FREEDOM PROPERTY FUND LIMITED - Update on the disposal of properties by a wholly-owned subsidiary of Freedom
FDP 201808280058A
Update on the disposal of properties by a wholly-owned subsidiary of Freedom
FREEDOM PROPERTY FUND LIMITED
Incorporated in the Republic of South Africa
Registration number: 2012/129186/06
Share code: FDP
ISIN: ZAE000185260
(“Freedom”)
UPDATE ON THE DISPOSAL OF PROPERTIES BY A WHOLLY-OWNED SUBSIDIARY OF FREEDOM
Shareholders are referred to the announcement, dated 15 August 2018, which advised that Zambesa
Investments Proprietary Limited, a wholly owned subsidiary of Freedom, had accepted and signed an
Offer to Purchase (“Offer”) submitted by Dr. Katlego Pholoana to acquire 8 residential units and 33
service stands situated in Burgersfort, collectively known as Tubatse Homes (the “Sale”).
Shareholders are hereby advised that certain conditions precedent to the Sale were not fulfilled
within the timeline specified in the Offer and accordingly the Sale will not proceed.
Paarl
28 August 2018
Sponsor and Corporate Advisor
Questco Corporate Advisory Proprietary Limited
Date: 28/08/2018 04:11:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
