| Mon 9 Jun 2014, 14:52 | | CAPITAL PROPERTY FUND - Results of General Meeting |
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CPL 201406090040A
Results of General Meeting
CAPITAL PROPERTY FUND
(a portfolio in Capital Property Trust Scheme, a collective investment
scheme in property registered as such in terms of the Collective
Investment Schemes Control Act, No. 45 of 2002) (“Act”)
(Approved as a REIT by the JSE)
JSE share code: CPL ISIN: ZAE000001731
(“Capital”)
Managed by Property Fund Managers Limited
(Registration number 1980/009531/06)
(“PFM”)
CAPITAL PROPERTY FUND LIMITED
(previously Friedshelf 1497 Proprietary Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2013/226575/06)
(Approved as a REIT by the JSE)
JSE share code: CPF ISIN: ZAE000186821
(“New Capital” or “the company”)
RESULTS OF GENERAL MEETING
Capital unitholders are referred to the previous announcements, the last of which was published on SENS on
9 May 2014, relating to a proposed transaction that would have the effect of restructuring Capital as a corporate Real
Estate Investment Trust and internalising the management of Capital in a manner that would better align the interests
of Capital’s management with those of investors (“the transaction”).
Capital unitholders are advised that, at the general meeting of Capital convened on Monday, 9 June 2014 (in terms of
the notice of general meeting contained in the circular to Capital unitholders issued on Friday, 9 May 2014), the
proposed resolution necessary to implement the transaction was passed by the requisite majority of Capital unitholders
as set out below.
The total number of votes (including proxies) that were received at the general meeting amounted to 993 791 299
Capital units which constitutes 68% of the issued capital of Capital, excluding the votes of related parties being
Resilient and its associates (and accordingly excluding those of Andries de Lange who is a director of Resilient and a
director of PFM, the manager of Capital).
Number of units Percentage of total units
voted
Units voted in favour 947 542 241 95.49
Units voted against 44 783 483 4.51
Units abstained 1 465 575 n/a
The salient dates and times for the implementation of the transaction are set out below:
2014
Results of the general meeting published in the press on Tuesday, 10 June
Finalisation announcement released on SENS on Friday, 20 June
Finalisation announcement published in the press on Monday, 23 June
Last day to trade in Capital units on the JSE to participate in the transaction Friday, 27 June
Capital’s assets delivered to New Capital and Capital units suspended from the
commencement of trade Monday, 30 June
Anticipated listing of New Capital on the JSE from the commencement of trade on Monday, 30 June
Trading in New Capital shares with the JSE share code: CPF and ISIN:ZAE000186821
commences on Monday, 30 June
Record date to participate in the delisting and to be entitled to receive New Capital
shares Friday, 4 July
New Capital shares issued to Capital unitholders pursuant to the transaction Monday, 7 July
Accounts at CSDP or broker updated in respect of dematerialised Capital unitholders Monday, 7 July
Expected date of posting of New Capital share certificates to certificated Capital
unitholders Monday, 7 July
Delisting of Capital units from the JSE at commencement of trade Monday, 7 July
All dates and times are local dates and times in South Africa. The above dates and times are subject to change. Any changes will be released on
SENS and published in the press.
9 June 2014
Corporate advisor and sponsor
Java Capital
Attorneys, tax and competition law advisors
Cliffe Dekker Hofmeyr Inc.
Date: 09/06/2014 02:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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