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

REDEFINE PROPERTIES LIMITED - Renewal of Cautionary Announcement

Release Date: 30/01/2013 17:05
Code(s): RDF     PDF:  
Wrap Text
Renewal of Cautionary Announcement

REDEFINE PROPERTIES LIMITED
(Registration No. 1999/018591/06)
Share Code: RDF ISIN Code: ZAE000143178
Bond Code: RDFB01 ISIN: ZAG000094228
Bond Code: RDFC06 ISIN: ZAG0000101817
(“Redefine”)

RENEWAL OF CAUTIONARY ANNOUNCEMENT

Redefine unitholders are referred to the previous announcements released on SENS and published in the press relating
to Redefine’s proposed acquisition (the “proposed acquisition”) of the majority of the assets of Fountainhead
Property Trust (“Fountainhead”). Unitholders were advised in the announcement released on SENS on
13 December 2012 that the independent committee of the board of directors of Fountainhead Property Trust
Management Limited (“Fountainhead Manco”) had undertaken to engage exclusively with Redefine in respect of the
proposed acquisition.

Unitholders are advised that the engagement between Redefine and the independent committee in respect of the
conclusion of a sale agreement on the basis set out in the previous announcement is ongoing and that the negotiations
are materially complete.

The Fountainhead trustee has requested certain information in order for it to be satisfied that all requirements in terms
of the Collective Investment Schemes Control Act No 45 of 2002 and Fountainhead’s trust deed have been complied
with in respect of the proposed execution of the sale agreement. To cater for this request the independent committee
has resolved to extend the exclusivity arrangement until 22 February 2013.

Accordingly Redefine unitholders are advised to continue to exercise caution when dealing in their Redefine units
until such time as a further announcement is made.

Johannesburg
30 January 2013

Sponsor
Java Capital

Date: 30/01/2013 05:05:00 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.

Share This Story