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Rebosis Property Fund - A Shares (JSE:REA) News - Further 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" or "the Rebosis Group")
FURTHER EXTENSION TO POSTING OF CIRCULAR
Shareholders are referred to the announcement released on SENS on 22 December 2021, wherein the Company advised
that the JSE had granted Rebosis an extension in respect of the date of issue of the circular detailing the transaction
in which Rebosis, with its wholly owned subsidiary, Ascension Properties Limited (collectively, the "Rebosis Group"),
is to dispose of a property portfolio, inclusive of any rental enterprises established on any property therein, to
Ulricraft Proprietary Limited (the "Purchaser") (the "Transaction"), to on or about 31 January 2022, in order to allow for
sufficient time for the preparation and review of the pro forma financial information.
Shareholders are advised that the Company has received a further extension in this regard as there have been further
unexpected delays in the preparation and review of the expert reports as a result of the holiday period. As such, the
Circular is expected to be distributed to shareholders on or about 16 March 2022.
In addition, the Purchaser has negotiated an extension to the period within which it is to secure funding in respect of
the Transaction (the "Initial Funding Period"), such that the termination date of the Initial Funding Period has been
extended from 5 December 2021 to 28 March 2022 by agreement between the Purchaser and the Rebosis Group.
4 February 2022
Transaction sponsor
Java Capital
Date: 04-02-2022 04:55:00
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