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REBOSIS PROPERTY FUND LIMITED - Extension to posting of circular

Release Date: 22/12/2021 14:00
Code(s): REB REA     PDF:  
Wrap Text
Extension to posting of circular

REBOSIS PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2010/003468/06)
JSE share code: REA ISIN: ZAE000240552
JSE share code: REB ISIN: ZAE000201687
Alpha code: REBI
(Approved as a REIT by the JSE)
("Rebosis" or "the Company")


EXTENSION TO POSTING OF CIRCULAR


Shareholders are referred to the announcement released on SENS on 21 October 2021 (the "21 October
Announcement"), wherein the Company advised that it, together with its wholly-owned subsidiary Ascension
Properties Limited (collectively the "Rebosis Group"), had concluded agreements with Ulricraft Proprietary Limited
(the "Purchaser"), in terms of which the Purchaser shall acquire from the Rebosis Group the portfolio of rental
enterprises as described in the 21 October Announcement, as a going concern and for an aggregate cash consideration
of R6,319,099,000 (the "Transaction").

Shareholders were also advised that full details of the Transaction would be set out in a circular (the "Circular") to be
distributed by Rebosis to its shareholders, which Circular would include, inter alia, the pro forma financial effects of
the Transaction. In terms of the JSE Listings Requirements, the pro forma financial effects disclosed in the Circular
must be based on the latest financial information published by the Company. Rebosis published its reviewed annual
financial results (on which the pro forma information to be included in the Circular must be based) on 2 December 2021.
In order to allow for sufficient time for the preparation and review of the pro forma financial information, shareholders
are advised that the JSE has granted Rebosis an extension to finalise and distribute the Circular. As such, the Circular
is expected to be distributed to shareholders on or about 31 January 2022.

22 December 2021

Transaction sponsor
Java Capital

Date: 22-12-2021 02:00:00
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