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REB - Rebosis Properties Limited - Dealing in securities

Release Date: 31/08/2011 17:00
Code(s): REB
Wrap Text

REB - Rebosis Properties Limited - Dealing in securities REBOSIS PROPERTIES LIMITED (formerly Business Venture Investments No. 1389 (Proprietary) Limited) Registration number 2010/003468/06 JSE code: REB ISIN: ZAE 000156147 ("Rebosis" or the "company") DEALING IN SECURITIES Shareholders are advised of the following information relating to the dealing in securities by an associate of a director of Rebosis. Name of associate: The Amatolo Trust Name of director: Sisa Ngebulana, who is a trustee and beneficiary of the Amatolo Trust Transaction date: 29 August 2011 Class of securities: Linked Units Number of securities: 2 079 003 Effective price per security: R9.62 Effective total value: R20,000,008.86 Nature of transaction: Off-market disposal Nature and extent of director`s interest: Indirect beneficial The disposal of Rebosis securities has been undertaken in order to provide working capital for development projects within the Billion Group ("Billion"). Billion is wholly owned by The Amatolo Family Trust and, as set out in the Rebosis pre-listing statement, the company enjoys a right of first refusal over properties developed by Billion. 31 August 2011 Sponsor Java Capital Date: 31/08/2011 17:00:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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