To view the PDF file, sign up for a MySharenet subscription.

LIBERTY TWO DEGREES - Further cautionary announcement

Release Date: 29/06/2018 08:00
Code(s): L2D     PDF:  
Wrap Text
Further cautionary announcement

LIBERTY TWO DEGREES
JSE share code: L2D
ISIN: ZAE000230553
(Approved as a REIT by the JSE)
(“Liberty Two Degrees”)

a portfolio established under the Liberty Two Degrees Scheme, a Collective Investment Scheme in
Property established in terms of the Collective Investment Schemes Control Act, No 45 of 2002, as
amended, and managed by STANLIB REIT Fund Managers (RF) Proprietary Limited (Registration
number: 2007/029492/07)
(“the Manager”)

FURTHER CAUTIONARY ANNOUNCEMENT


Unitholders of Liberty Two Degrees (“Unitholders”) are referred to the detailed cautionary
announcement released on the Stock Exchange News Service of the JSE Limited on 18 May 2018
and published in the press on 21 May 2018 in relation to the proposed:

      -   cancellation of the Liberty Group Limited Put Option;
      -   acquisition of additional properties from the Liberty Property Portfolio; and
      -   internalization of the management company of Liberty Two Degrees and conversion of
          Liberty Two Degrees to a corporate REIT,

collectively, the “Proposed Transaction”.

Unitholders are advised that the parties remain in discussions regarding the definitive terms of the
Proposed Transaction and the conclusion of formal agreements. Unitholders should accordingly
continue to exercise caution when dealing in their Liberty Two Degrees units until a further
announcement is made.

Johannesburg
29 June 2018

Financial Adviser and Sponsor
The Standard Bank of South Africa Limited

Legal Advisers
Allen & Overy
Webber Wentzel

Investor Relations
Lizelle du Toit, Instinctif
Contact details: 011 447 3030 or 082 465 1244

Date: 29/06/2018 08:00:00 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.

Share This Story