Acquisition By Resilient Of 25% Of Capital Propert
Resilient/Redefine - Acquisition By Resilient Of 25% Of Capital Property Fund
(Capital) And 25% Of Property Fund Managers Limited (PFM)(The PFM EQUITY)
Resilient Property Income Fund Limited
Registration No. 2002/016851/06
Share code: RES ISIN code: ZAE000043642
(Resilient)
Redefine Income Fund Limited
Registration No. 1999/018591/06
Share code: RDF ISIN code: ZAE000023503
(Redefine)
ACQUISITION BY RESILIENT OF 25% OF CAPITAL PROPERTY FUND (CAPITAL) AND 25% OF
PROPERTY FUND MANAGERS LIMITED (PFM)(THE PFM EQUITY)
Linked unitholders are referred to the announcements published on SENS on 15
April 2004 and in the press on 16 April 2004 in terms of which linked
unitholders were advised that Resilient had concluded agreements with Redefine
and Madison Property Fund Managers (Pty) Limited (Madison) for the acquisition
of approximately 25% of Capital and the PFM equity, respectively.
Java Capital is authorised to announce that the Registrar of Collective
Investment Schemes has approved the acquisition by Resilient of the PFM equity
and accordingly that all conditions precedent have been fulfilled. Both of the
agreements are now unconditional.
Johannesburg
21 April 2004
Corporate and legal advisor
Java Capital (Proprietary) Limited
Sponsor to Redefine
Java Capital (Proprietary) Limited
Sponsor and Investment Bank to Resilient
Nedbank Capital
Date: 21/04/2004 05:00:05 PM Produced by the JSE SENS Department
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