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OASIS CRESCENT PROPERTY FUND - Finalisation announcement in respect of distribution

Release Date: 30/10/2015 17:00
Code(s): OAS     PDF:  
Wrap Text
Finalisation announcement in respect of distribution

Oasis Crescent Property Fund
A property fund created under the Oasis Crescent Property Trust Scheme
registered in terms of the Collective Investment Schemes Control Act
(Act 45 of 2002) having REIT status with the JSE Limited
Share code: OAS
ISIN: ZAE000074332
(“the Fund”)

FINALISATION ANNOUNCEMENT IN RESPECT OF DISTRIBUTION

Unitholders are referred to the SENS announcement dated 14 October 2015
(“Declaration Announcement”), in which the Fund announced, inter alia, the
distribution, after non-permissible income, in respect of the six months
ended 30 September 2015, of 6 057.265 cents (in aggregate), for every 100
units held, payable to unitholders recorded in the register of the Fund at
close of business on Friday, 20 November 2015(“the Distribution”).

As indicated in the Declaration Announcement, unitholders may elect to
receive the Distribution in cash or may reinvest the Distribution by the
purchase of additional units at a rate of 3.06193 units at 1 978.25 cents
per unit (in aggregate), for every 100 units so held. If no election is
made, unitholders will be deemed to have elected to reinvest the
Distribution by purchasing new units.

Unitholders are advised that the Fund distributed a circular to
unitholders today, 30 October 2015, in respect of the Distribution and the
election by unitholders to receive the Distribution in cash or to reinvest
the Distribution.

The salient dates and times and other information relating to the
Distribution (including the tax implications and information applicable to
non-resident unitholders), as set out in the Declaration Announcement,
remain unchanged.


30 October 2015
Cape Town

Designated Advisor
PSG Capital Proprietary Limited

Date: 30/10/2015 05:00:00 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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