|
ARNOLD PROPERTY FUND LIMITED - SALIENT DATES AND TIMES OF INTEREST DISTRIBUTION
NUMBER 4
Arnold Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration number 2001/011887/06)
Share code: ARP ISIN: ZAE000031720
("A-Prop" or "the company")
SALIENT DATES AND TIMES OF INTEREST DISTRIBUTION NUMBER 4
Shareholders are referred to the reviewed results for the year ended
30 June 2003 announcement, published on 30 September 2003, in which an
interest distribution of 3,27 cents per A-Prop linked unit (the
"distribution") was proposed, pending the finalisation of the claw-back
offer (the "claw-back offer"). Interest will have accrued on the
distribution from 30 September 2003 to date of payment, calculated on a
daily basis at the rate per annum equal to the published prime rate from
time to time of Nedbank Limited.
The salient features of the claw-back offer were announced on
18 November 2003. The claw-back offer was conditional on the various
conditions precedent. A favourable ruling from the Securities Regulation
Panel on Takeovers and Mergers was received and Webber Wentzel Bowens (in
its capacity as trustee for A-Prop debentureholders) has consented to the
conclusion and implementation of the claw-back offer. The only remaining
conditions are the approval of the JSE Securities Exchange South Africa for
the claw-back offer documents and the granting of the listing of the
letters of allocation and new A-Prop linked units as well as the Registrar
of Companies registering the claw-back offer documents.
As a result of the substantive conditions being fulfilled, Redefine
Income Fund Limited and Spearhead Property Holdings Limited have paid the
R30 000 000 required in terms of the claw-back offer. A-Prop is now in a
position to discharge its obligations in terms of the distribution and
hereby declares an interest distribution of 3,27 cents per A-Prop linked
unit plus interest of 0,10 cents per A-Prop linked unit from 30 September
2003 to 29 December 2003, being the payment date, totalling 3,37 cents per
A-Prop linked unit.
The salient dates and times relating to the distribution are as follows:
2003
Last day to trade in A-Prop linked units for
purposes of entitlement to the distribution Wednesday, 17 December
A-Prop linked units to trade ex distribution Thursday, 18 December
Record date for the distribution Wednesday, 24 December
Payment of distribution Monday, 29 December
A-Prop linked unit certificates may not be dematerialised or re-
materialised between Thursday, 18 December 2003 and Wednesday,
24 December 2003, both days inclusive.
Johannesburg
1 December 2003
Corporate Advisor and Sponsor
JAVACAPITAL
Date: 01/12/2003 03:10:32 PM Produced by the JSE SENS Department
| 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 ] | |||||||||||||
|
|||||||||||||
