FREEDOM PROPERTY FUND LIMITED - Update on the Disposal of a Property by a Wholly-Owned Subsidiary of the Group

Release Date: 02/07/2018 15:33
Code(s): FDP
 
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Update on the Disposal of a Property by a Wholly-Owned Subsidiary of the Group

FREEDOM PROPERTY FUND LIMITED
Incorporated in the Republic of South Africa
Registration number: 2012/129186/06
Share code: FDP
ISIN: ZAE000185260
(“the Group”)

UPDATE ON THE DISPOSAL OF A PROPERTY BY A WHOLLY-OWNED SUBSIDIARY OF THE GROUP

Shareholders are referred to the announcement, dated 1 June 2018, which advised that Kadoma
Investments Proprietary Limited, which is a wholly-owned subsidiary of the Group, had accepted and
signed an Offer to Purchase (“Offer”) submitted by V Malapone to acquire Portion 15 of the Farm
Tweefontein 360 in Limpopo (the “Sale”).

Shareholders are hereby advised that certain conditions precedent to the Sale were not fulfilled
within the timeline specified in the Offer and accordingly the Sale will not proceed


Paarl
2 July 2018

Sponsor and Corporate Advisor
Questco Corporate Advisory Proprietary Limited

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