To view the PDF file, sign up for a MySharenet subscription.

Rand Leases/ Redefine - Joint Further Cautionary Announcement

Release Date: 02/09/2002 07:11
Code(s): RPR RDF
Wrap Text

Rand Leases/ Redefine - Joint Further Cautionary Announcement RAND LEASES PROPERTIES LIMITED REDEFINE INCOME FUND LIMITED (Incorporated in the Republic of (Incorporated in Republic South Africa) of South Africa) (Registration number 1978/000870/06) (Registration number Share Code: RPR ISIN Code: 1999/018591/06) ZAE000028254 Share Code: RDF ISIN Code: ("Rand Leases") ZAE000023503 ("Redefine") JOINT FURTHER CAUTIONARY ANNOUNCEMENT Further to the cautionary announcement published by Rand Leases on 12 July 2002 and the renewal of the cautionary announcement of Redefine published on the same day, linked unitholders are advised that Rand Leases and Redefine are at an advanced stage of negotiations to conclude an agreement for the disposal of 27 of Rand Leases` property letting enterprises in its investment portfolio to Redefine at fair value. A further announcement will be released as soon as practicably possible, once agreement has been reached or negotiations have been terminated. Rand Leases` and Redefine`s linked unitholders are therefore advised to exercise caution when dealing in the linked units of both companies. RAND LEASES PROPERTIES LIMITED REDEFINE INCOME FUND LIMITED Johannesburg Johannesburg 2 September 2002 2 September 2002 Sponsor to Rand Leases Sponsor to Redefine BoE Securities Corpcapital Corporate Finance (Proprietary) Limited Date: 02/09/2002 07:10:00 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

Share This Story