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SYCOM PROPERTY FUND - SYC - Cautionary Announcement

Release Date: 25/03/2013 16:06
Code(s): SYC     PDF:  
Wrap Text
SYC - Cautionary Announcement

SYCOM PROPERTY FUND
("Sycom”)
A Collective Investment Scheme in Property ("CISP") registered in terms of the Collective Investment
Schemes Control Act, No. 45 of 2002 and managed by Sycom Property Fund Managers Limited
(“SPFM”) (Registration number 1986/002756/06)
JSE Share code: SYC
ISIN: ZAE000019303

CAUTIONARY ANNOUNCEMENT

Unitholders are advised that Sycom (through its manager SPFM) and Hyprop are engaged in
discussions around Hyprop’s investment in Sycom. Any agreement resulting from these discussions
would be subject to the usual rules governing transactions by a JSE listed collective investment
scheme in property, and would also involve the current litigation being withdrawn. A further
announcement in this regard will follow as and when appropriate.

In light of the above, unitholders are advised to exercise caution in dealing in their Sycom units until a
further announcement is made.

25 March 2013

Sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking Division)

Legal advisor
Cliffe Dekker Hofmeyr Inc

Date: 25/03/2013 04:06:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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