FOUNTAINHEAD PROPERTY TRUST - Update on proposed transaction and withdrawal of cautionary announcement
FPT 201207260004A
Update on proposed transaction and withdrawal of cautionary announcement
Fountainhead Property Trust
A Collective Investment Scheme in property registered in terms of the Collective
Investment Schemes Control Act, No.45 of 2002
(Registration number 1983/003324/06)
Share code: FPT
ISIN code: ZAE000097416
("Fountainhead")
Update on proposed transaction and withdrawal of cautionary announcement
Unitholders of Fountainhead (Unitholders) are referred to the announcements
released on the Securities Exchange News Service on 30 March 2012, 10 May 2012
and 15 June 2012 regarding the proposed acquisition by Redefine Properties Limited
of the management company of Fountainhead ( the Acquisition) and are advised that
all the appropriate regulatory approvals have been received.
The Acquisition is now unconditional and will be implemented with effect from
1 August 2012.
Unitholders are accordingly advised that there is no need to continue to exercise
caution when dealing in their Fountainhead units.
Cape Town
26 July 2012
By order of the Board
Fountainhead Property Trust Management Limited
Sponsor
The Standard Bank of South Africa Limited
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