RDC Properties (Botswana) plans to make a cross-border acquisition in Zambia

By Published On: November 23rd, 2021Categories: Corporate announcement

Further to the cautionary announcement dated 21 October 2021, Unitholders of RDC Properties Limited (“the Company”) are advised that negotiations are still in progress for a cross-border acquisition in Zambia which, if successfully concluded, may have an impact on the value of the Company’s Linked Units. The afore-mentioned acquisition is intended to enhance the existing portfolio and is a continuation of the Company’s strategy of portfolio and geographic diversification.

The Directors therefore advise Unitholders to exercise caution when dealing in the Company’s securities until such time as the results of the negotiations are known.

By order of the Board
PricewaterhouseCoopers (Pty) Limited
Company Secretary
19 November 2021