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REBOSIS PROPERTY FUND LIMITED - Renewal Of Cautionary Announcement

Release Date: 05/05/2016 10:03
Code(s): REB     PDF:  
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Renewal Of Cautionary Announcement

REBOSIS PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2010/003468/06)
JSE share code: REB ISIN: ZAE000201687
(Approved as a REIT by the JSE)
(“Rebosis”)


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the cautionary announcement released on SENS on Monday, 25 April 2016. Rebosis,
aware that Billion Property Fund (Proprietary) Limited (“Billion”) is in the process of preparing for a listing on the
JSE, is engaged in negotiations with Billion regarding a possible acquisition by Rebosis of all or some of the assets
of Billion (“the acquisition”). Any such acquisition would entail a transaction with a related party in terms of section
10.4(f) of the Listings Requirements in that Billion is an associate of Sisa Ngebulana, the Chief Executive Officer of
Rebosis. Accordingly, Rebosis has engaged with certain of its institutional shareholders regarding its envisaged
strategy and parameters of any related party transaction and has received sufficient expressions of support for it to
consider it appropriate to continue with the negotiations. Any agreement reached on the acquisition will be subject,
inter alia, to Rebosis shareholder approval. Pending further announcements, shareholders are advised to continue
exercising caution when dealing in their shares.

5 May 2016


Sponsor
Java Capital

Date: 05/05/2016 10:03:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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