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FREEDOM PROPERTY FUND LIMITED - Renewal of the cautionary announcement

Release Date: 29/11/2019 08:30
Code(s): FDP     PDF:  
Wrap Text
Renewal of the cautionary announcement

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

RENEWAL OF THE CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the renewal of the cautionary announcement, dated 18 October 2019, relating to the
receipt by the Company of a non-binding expression of interest (“Expression of Interest”) from the South African
Housing and Infrastructure Fund (“SAHIF”) to acquire all of the issued shares of Freedom by way of a scheme of
arrangement in terms of section 114 of the Companies Act 2008 (“the Potential Transaction”), subject to a due
diligence investigation. The Expression of Interest is subject to an exclusivity period which expires on 22 December
2019. If implemented, the Potential Transaction may have a material effect on the price of the Company’s
securities.

Shareholders are advised to continue to exercise caution should they enter into any off-market trades in their
Freedom shares until a further announcement is made.

Paarl
29 November 2019

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 29-11-2019 08:30:00
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