REBOSIS PROPERTY FUND LIMITED - Notification of change in beneficial interests in securities dealings by an associate of a director

Notification of change in beneficial interests in securities dealings by an associate of a director

REBOSIS PROPERTY FUND LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2010/003468/06)
JSE share codes:
REA ISIN: ZAE000240552
REB ISIN: ZAE000201687
(Approved as a REIT by the JSE)
(“Rebosis” or the “Company”)

NOTIFICATION OF A DISPOSAL AND AN ACQUISITION OF BENEFICIAL INTERESTS IN SECURITIES, AND DEALINGS
IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

Disposal and acquisition of beneficial interests in securities

In compliance with paragraph 3.83(b) of the JSE Limited Listings Requirements (“JSE Listings Requirements”)
and section 122(3)(b) of the Companies Act 71 of 2008 (the “Companies Act”), shareholders are advised that
Rebosis has received formal notifications in accordance with section 122(1) of the Companies Act from:

    1.   Elbert Darby Holdings (Proprietary) Limited (“Elbert Darby”) that it has disposed of a beneficial interest
         in Rebosis A ordinary shares (“REA Shares”) and Rebosis B ordinary shares (“REB Shares”) such that the
         total beneficial interest held by Elbert Darby now amounts to nil% of the total number of REA Shares in
         issue and REB Shares in issue; and

    2.   Zacacode (Proprietary) Limited (“Zacacode”) that it has acquired a beneficial interest in REA Shares and
         REB Shares (“Zacacode Acquisitions”) such that the total beneficial interests held by Zacacode now
         amounts to 28.862% of the total number of REA Shares in issue and 10.583% of the total number of
         REB Shares in issue.

As required in terms of section 122(3)(a) of the Companies Act, Rebosis has filed the required notices with the
Takeover Regulation Panel.

Dealings in securities by an associate of a director

The abovementioned Zacacode Acquisitions triggered the disclosure requirements in terms of paragraphs 3.63
– 3.65 of the JSE Listings Requirements, relating to dealings in securities by an associate of a director of the
Company.Zacacode is 100% owned by the Chartwell Trust, an associate of Dr Sisa Ngebulana, an executive
director and the Chief Executive Officer of Rebosis.

In this regard, shareholders are referred to the announcement released by the Company on SENS on
21 April 2021 which stated that Zacacode had entered into an agreement to acquire, off-market, 18 259 979
REA Shares, at R1.20 per REA Share, and 73 999 879 REB shares, at R0.45 per REB Share.

Shareholders are advised that this transaction has been implemented on the same terms that were originally
disclosed in the announcement dated 21 April 2021.



25 May 2021

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 25-05-2021 08:55:00
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