FREEDOM PROPERTY FUND LIMITED - Renewal of cautionary
FDP 201608180045A
Renewal of cautionary
Freedom Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2012/129186/06)
Share code: FDP
ISIN: ZAE000185260
(“Freedom” or the “Group”)
RENEWAL OF CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcements dated 24 May 2016 and 6 July 2016,
shareholders are advised that discussions between the Issuer Regulation Division
of JSE Limited (“JSE”)and Freedom as to whether the sale of all of the issued
ordinary share capital and preference share capital in and claims against
Ligitprops 184 Proprietary Limited by Apple Way Props Proprietary Limited, a
wholly owned subsidiary of Freedom, to Hostprops 97 Proprietary Limited and LLM
Developments Proprietary Limited, constitutes a related party transaction in
terms of paragraph 10.2 of the JSE Listings Requirements and hence whether a
circular, including a notice of general meeting, to shareholders detailing the
terms of the transaction and actions required by shareholders will be required,
are still ongoing.
The JSE’s view may have a material effect on the price of Freedom securities.
Accordingly, shareholders are advised to continue to exercise caution when
dealing in Freedom securities until a full announcement is made.
Johannesburg
18 August 2016
Sponsor
Bravura Capital Proprietary Limited
Date: 18/08/2016 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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