Paramount Property Fund Limited - Change In Intere
Respect Of The Classs A Varialble Rate Unsecured Debentures
PARAMOUNT PROPERTY FUND LIMITED
(formerly Ovbel Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1945/019928/06)
Share code : PRA
ISIN Code : ZAE000028577
("Paraprop")
CHANGE IN INTEREST PAYMENT DATES IN RESPECT OF THE CLASS A VARIABLE RATE
UNSECURED DEBENTURES
Paraprop advises that, at a meeting of Class A debenture holders held today,
debenture holders unanimously agreed to amend the interest payment dates on
the Class A debentures from every six months to every quarter. The first
quarterly interest payment will be in respect of the three months ended 31
January 2002, payable by no later than 30 April 2002.
Cape Town
19 February 2002
Sponsor:
Barnard Jacobs Mellet Corporate Finance
(Proprietary) Limited
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