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SYNERGY INCOME FUND LIMITED - Update regarding the transfer of Atlantis city shopping centre

Release Date: 28/10/2013 17:42
Code(s): SGA SGB     PDF:  
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Update regarding the transfer of Atlantis city shopping centre

SYNERGY INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/032604/06)
JSE share code for A linked units: SGA ISIN code: ZAE000161550
JSE share code for B linked units: SGB ISIN code: ZAE000162293
(Approved as a REIT by the JSE)
(“Synergy”)


UPDATE REGARDING THE TRANSFER OF ATLANTIS CITY SHOPPING CENTRE


Linked unitholders are referred to the announcement released on SENS on 15 May 2013
regarding the acquisition of the rental enterprise known as Atlantis City Shopping Centre 
(the “Property”), and are advised that registration of transfer of the Property took place
on 28 October 2013.

As previously communicated, the sale agreement with respect to the acquisition of the Property,
made provision for an effective transfer date of 1 September 2013 (“the Effective Date”) and accordingly
all risks in and to the Property passed to Synergy on the Effective Date.

Synergy’s property portfolio now comprises 15 shopping centres with a market value of approximately R2.231 billion.

28 October 2013


Corporate advisor and sponsor
Java Capital

Date: 28/10/2013 05:42:00 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.

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