Try our mobile app

Voluntary update

Published: 2022-08-01 09:20:00 ET
<<<  go to JSE:REA company page
Rebosis Property Fund - A Shares (JSE:REA) News - Voluntary update

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 “Group”)

VOLUNTARY UPDATE

Stakeholders are referred to the Annual General Meeting of the Group held on 31 May 2022 where the
Group indicated it intends providing the market with a strategic update by end-July 2022 on restructuring
initiatives that will strengthen the Group’s balance sheet, address the real estate investment trust
(“REIT”) concern and unlock value in the business in the long-term.


The Board of Directors of Rebosis hereby wishes to advise shareholders that it is currently modelling
and testing all viable options to address the Group’s balance sheet constraints and operational
optimisation, and will provide shareholders with a detailed, definitive strategy by no later than Monday,
15 August 2022.


1 August 2022

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

Date: 01-08-2022 11:20:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.