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RDF - Redefine Properties Limited - Update on acquisition of Fountainhead Manco

Release Date: 15/06/2012 12:15
Code(s): RDF
Wrap Text

RDF - Redefine Properties Limited - Update on acquisition of Fountainhead Manco and withdrawal of cautionary Redefine Properties Limited (Registration No. 1999/018591/06) Share Code: RDF ISIN Code: ZAE000143178 ("Redefine") UPDATE ON ACQUISITION OF FOUNTAINHEAD MANCO AND WITHDRAWAL OF CAUTIONARY Linked unitholders are referred to the announcement released on the Securities Exchange News Service ("SENS") on Friday, 30 March 2012 regarding the acquisition by Redefine of the management company ("Fountainhead Manco") of the Fountainhead Property Trust and the cautionary announcements released on SENS on Thursday, 5 April 2012 and on Wednesday, 23 May 2012 and are advised that the Registrar of Collective Investment Schemes has, subject to the approval of the Competition Commission and the South African Reserve Bank, granted approval for Redefine to acquire control of Fountainhead Manco. The acquisition of Fountainhead Manco remains conditional on the approval of the Competition Commission and the South African Reserve Bank, however Redefine is of the view that there is no longer a need for Redefine unitholders to continue to exercise caution when dealing in their Redefine units. 15 June 2012 Corporate advisor, legal advisor and sponsor Java Capital Date: 15/06/2012 12:15:01 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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