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RESILIENT REIT LIMITED - Anonymous report and cautionary announcement

Release Date: 09/02/2018 17:04
Code(s): RES     PDF:  
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Anonymous report and cautionary announcement

RESILIENT REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/016851/06)
JSE share code: RES ISIN: ZAE000209557
(Approved as a REIT by the JSE)
(“Resilient” or “the company”)


ANONYMOUS REPORT AND CAUTIONARY ANNOUNCEMENT


Over the last few days, the company has been made aware of speculation in the investor community concerning the
impending release of a report rumoured to be damaging to the company.

A report regarding Resilient, Fortress REIT Limited, NEPI Rockcastle plc and Greenbay Properties Ltd has now been
widely circulated amongst the investor community and has recently been provided to the company by a shareholder. 
The report was published and disseminated anonymously, but authorship of it has been confirmed by 36One Asset
Management Proprietary Limited (“36One”) who are said to have a large short position on companies identified in the
report. The content of the report and its dissemination follow a campaign of rumour and innuendo undertaken against
the companies since early January 2018, when the short selling of the company’s shares became evident.

36One did not seek the company’s response to any of the content of the report. The publication of the report provides
the company with its first opportunity to respond to written allegations as opposed to rumour and innuendo. In the
meantime, the company advises shareholders to exercise caution in their dealings in the company’s securities.

A further announcement by the company will follow on Monday, 12 February 2018.

9 February 2018


Sponsor
Java Capital

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