FREEDOM PROPERTY FUND LIMITED - Update regarding the disposal of a property by a wholly-owned subsidiary of Freedom
FDP 201810220035A
Update regarding the disposal of a property 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 REGARDING THE DISPOSAL OF A PROPERTY BY A WHOLLY-OWNED SUBSIDIARY OF
FREEDOM
Shareholders are referred to the announcement dated 22 August 2018 wherein they were advised
that Kadoma Investments Proprietary Limited, an indirect wholly-owned subsidiary of Freedom, had
signed a Sale Agreement with Taioguard Proprietary Limited or its nominee to acquire Erf 1211 in
Steelpoort Extension 10 Township for R5.5 million (the “Sale”) as a going concern.
As Freedom’s shares are currently suspended, discussions were held with the JSE regarding the
categorisation of the Sale and shareholders are advised that the Sale is not a categorised transaction
in terms of the JSE Listings Requirements.
Paarl
22 October 2018
Sponsor and Corporate Advisor
Questco Corporate Advisory Proprietary Limited
Date: 22/10/2018 02:56:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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