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REBOSIS PROPERTY FUND LIMITED - Notification of acquisition and disposal of beneficial interests in securities

Release Date: 05/03/2021 16:41
Code(s): REB REA     PDF:  
Wrap Text
Notification of acquisition and disposal of beneficial interests in securities

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
(Approved as a REIT by the JSE)
(“Rebosis” or the “Company”)

NOTIFICATION OF ACQUISITON AND DISPOSAL OF BENEFICIAL INTERESTS IN SECURITIES

Rebosis has been advised that the acquisition and disposal of beneficial interests in Rebosis shares described
below is pursuant to a reversal of the transfer of such Rebosis shares, which transfer was disclosed in terms of
the announcements released by the Company on SENS on 11 September 2020. Rebosis is also advised that this
matter is currently subject to dispute as part of formal litigation proceedings.

In compliance with paragraph 3.83(b) of the JSE Limited Listings Requirements and section 122(3)(b) of the
Companies Act 71 of 2008 (the “Companies Act”), shareholders are advised that Rebosis has received formal
notification in accordance with section 122(1) of the Companies Act from:

    •   The Amatolo Family Trust, that it has disposed of a beneficial interest in certain Rebosis A ordinary
        shares (“REA Shares”) and certain Rebosis B ordinary shares (“REB Shares”), such that following such
        disposal of beneficial interest The Amatolo Family Trust holds total beneficial interest in 0% of the REA
        Shares in issue and 5.84% of the REB Shares in issue; and

    •   Mr Zunaid Abbas Moti, that he has acquired a beneficial interest in certain REA Shares and certain REB
        Shares, such that following such acquisition of beneficial interest Mr Moti holds total beneficial interest
        in 57.72% of the REA Shares in issue and 23.02% of the REB Shares in issue.

As required in terms of section 122(3)(a) of the Companies Act, Rebosis has filed the required notices with the
Takeover Regulation Panel.

5 March 2021

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Legal advisor
Cliffe Dekker Hofmeyr Inc.

Date: 05-03-2021 04:41:00
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