Proposed disposal of Mafikeng student accommodation - Distribution of circular
REBOSIS PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2010/003468/06)
JSE share codes:
REA ISIN: ZAE000240552
REB ISIN: ZAE000201687
Alpha code: REBI
(Approved as a REIT by the JSE)
(“Rebosis” or the “Company”)
PROPOSED DISPOSAL OF MAFIKENG STUDENT ACCOMMODATION – DISTRITUTION OF CIRCULAR
Rebosis shareholders are referred to the announcement dated 06 September 2019 and the update thereto on 15
November 2019, wherein shareholders were advised that the Company had entered into an agreement and two
further addendums thereto with Adowa Infrastructure Managers (RF) Proprietary Limited and the Government
Employees Pension Fund, to dispose of student accommodation situated at Erf 2460, Mafikeng, together with the
rental enterprise conducted thereon (the “Disposal”).
2. Distribution of circular
As stated in the above announcements, the Disposal is classified as a Category 2, related party transaction for the
Company, which accordingly requires the distribution of a circular to Rebosis shareholders.
In the announcement dated 15 November 2019, shareholders were advised that the Company expects to
distribute the circular during the first half of January 2020. Shareholders are further advised that the delay in
finalising the Company’s audited financial year-end results in respect of the period ended 31 August 2019, which
were published on 30 December 2019, together with the impact of the 2019/2020 festive season on the timetable,
has resulted in a delay in finalising the circular.
The Company expects to distribute the circular by end February 2020. The salient dates and times pertaining to
the required approval by Rebosis shareholders will be released on SENS and published in the press at the time of
posting of the circular.
20 January 2020
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 20-01-2020 04:20:00
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