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RESILIENT PROPERTY INCOME FUND LTD - Issue of linked units to The Siyakha Education Trust

Release Date: 01/10/2012 17:12
Code(s): RES     PDF:  
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RESILIENT PROPERTY INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
Registration number 2002/016851/06
Share code: RES ISIN: ZAE000043642
("Resilient")




ISSUE OF LINKED UNITS TO THE SIYAKHA EDUCATION TRUST
Linked unitholders are advised that on 27 September 2012 the board of directors of Resilient approved the issue of 5 208 000 linked units to The Siyakha Education Trust ('the new linked units').
The new linked units will be issued at R48.00 per linked unit, representing a discount of 1.6% to the 30-day volume-weighted average price of Resilient linked units prior to 27 September 2012. The new linked units will be issued and listed on 2 October 2012, in line with the approval received from the JSE.
Resilient is providing financial assistance for this R250 million BEE transaction that will mature on 1 October 2022. Sponsor Java Capital
Date: 01/10/2012 05:12:00 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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