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FREEDOM PROPERTY FUND LIMITED - Renewal of cautionary announcement

Release Date: 06/07/2016 17:30
Code(s): FDP     PDF:  
Wrap Text
Renewal of cautionary announcement

Freedom Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2012/129186/06)
Share code: FDP
ISIN: ZAE000185260
(“Freedom” or the “Group”)


RENEWAL OF CAUTIONARY ANNOUNCEMENT

Further to the cautionary announcement dated 24 May 2016, shareholders are advised
that discussions between the Issuer Regulation Division of JSE Limited (“JSE”)and
Freedom as to whether the sale of all of the issued ordinary share capital and
preference share capital in and claims against Ligitprops 184 Proprietary Limited
by Apple Way Props Proprietary Limited, a wholly owned subsidiary of Freedom, to
Hostprops 97 Proprietary Limited and LLM Developments Proprietary Limited,
constitutes a related party transaction in terms of paragraph 10.2 of the JSE
Listings Requirements and hence whether a circular, including a notice of general
meeting, to shareholders detailing the terms of the transaction and actions
required by shareholders will be required, are still ongoing.

The JSE’s view may have a material effect on the price of Freedom securities.
Accordingly, shareholders are advised to continue to exercise caution when
dealing in Freedom securities until a full announcement is made.

Johannesburg
06 July 2016

Sponsor
Bravura Capital Proprietary Limited

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