Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Fri 18 Oct 2019, 17:00 FREEDOM PROPERTY FUND LIMITED - FDP : Renewal of the cautionary announcement
FDP : Renewal of the cautionary announcement: 
FREEDOM PROPERTY FUND LIMITED
Incorporated in the Republic of South Africa
Registration number: 2012/129186/06
Share code: FDP
ISIN: ZAE000185260
("Freedom" or "the Company)

RENEWAL OF THE CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcement, dated 2 September 2019, in which they were advised
that the Company had received a non-binding expression of interest ("Expression of Interest") from the South
African Housing and Infrastructure Fund ("SAHIF") to acquire all of the issued shares of Freedom by way of a
scheme of arrangement in terms of section 114 of the Companies Act 2008 ("the Potential Transaction"), subject
to a due diligence investigation. The Expression of Interest is subject to an exclusivity period which expires on
22 December 2019. If implemented, the Potential Transaction may have a material effect on the price of the
Company's securities.

Shareholders are accordingly advised to continue to exercise caution should they enter into any off-market trades
in their Freedom shares until a further announcement is made.

Paarl
18 October 2019

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 18/10/2019 05:00:00
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: