TRADEHOLD LIMITED - Update on Restructure of Tradeholds Non-Property Businesses and a Proposed Listing in Namibia

Update on Restructure of Tradehold’s Non-Property Businesses and a Proposed Listing in Namibia

Tradehold Limited
(Registration number: 1970/009054/06)
Incorporated in the Republic of South Africa
JSE Share code: TDH ISIN: ZAE000152658
("Tradehold" or "the Company")




UPDATE ON RESTRUCTURE OF TRADEHOLD’S NON-PROPERTY BUSINESSES AND A
PROPOSED LISTING IN NAMIBIA




1. Restructure of Tradehold’s non-property businesses
   Tradehold shareholders (“Shareholders”) are referred to the announcement released on the Stock
   Exchange News Service (“SENS”) on 9 January 2018 in which Tradehold advised that the
   reorganisation of its group through the separation of its property interests from its non-property
   interests (“the Restructure”) had been delayed, but that the Restructure was expected to be effective
   on 1 March 2018.
   Pursuant to the above, Shareholders are advised that the effective date of the Restructure is now
   expected to be by no later than 31 May 2018.

2. Listing of a Subsidiary
   Shareholders are furthermore referred to the announcement released on SENS on 29 November 2017
   in which the Company advised that its wholly-owned subsidiary, Nguni Property Fund Limited, the
   name of which has been changed to Frontier Property Fund Limited, had postponed a private
   placement that was to precede the listing of the company on the Namibian Stock Exchange.
   Shareholders are advised that the Company has resolved to not proceed with such listing.


Cape Town
28 February 2018


JSE Sponsor to Tradehold
Mettle Corporate Finance Proprietary Limited

Date: 28/02/2018 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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