VIF - Vividend Income Fund Limited - Renewal of cautionary announcement and
VIF
VIF
VIF - Vividend Income Fund Limited - Renewal of cautionary announcement and
update to Union Street acquisition
Vividend Income Fund Limited
Previously known as Business Venture Investments no 1381 (Proprietary) Limited
(Incorporated in the Republic Of South Africa under registration number
2010/003232/06)
JSE CODE: VIF
ISIN: ZAE000150918
("Vividend" or "The Company")
Renewal of cautionary announcement and update to union street acquisition
Linked unitholders are referred to 1) the renewal of cautionary announcement
relating to the Vusani acquisition dated 21 November 2011 2) the update
announcement relating to the Vusani acquisition dated 23 November 2011. The
Vusani acquisition, if successfully concluded, may have a material effect on the
price of the company`s securities, accordingly linked unitholders are hereby
advised to continue to exercise caution when dealing in their Vividend Linked
Units. Vividend will provide linked unitholders with full particulars of the
Vusani acquisition, and related circular, on or about 27 January 2012, it being
noted that the due diligence investigation performed by the company on the
Vusani portfolio was successfully concluded on 28 December 2011
Vividend linked unitholders are further referred to the SENS announcement, dated
3 November 2011, in respect of the union street acquisition. Linked unitholders
are hereby advised that the condition precedent relating to the due diligence
investigation has not been fulfilled. Accordingly the union street acquisition
is of no further force or effect on the company. The Union Street Property will
therefore not be acquired by Vividend.
5 January 2012
Cape town
Sponsor
PSG Capital
Date: 05/01/2012 08:50:10 Produced by the JSE SENS Department.
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