RDC Properties (Botswana) – Update in respect of finalisation of rights offer & proposed investment

By Published On: October 26th, 2021Categories: Corporate announcement

Unitholders are referred to the Circular issued on 14 July 2021 (“the Circular”) and the withdrawal of the cautionary dated 7 October 2021. Capitalised words and phrases used herein have the meanings assigned to them in the Circular.
Unitholders are advised that:

  1. a combined offer circular containing, inter alia, details of the Scheme Offer and General Offer was posted by Tower Property Fund to shareholders of Tower on 25 October 2021;
  2. the meeting of Tower Property Fund shareholders to consider the Scheme Offer and the alternate General Offer is scheduled to take place on Wednesday 24 November 2021;
  3. the results of the said meeting will be published on the JSE SENS on or about Thursday 25 November 2021;
  4. if the Scheme Offer is approved by shareholders of Tower Property Fund at the general meeting, there is a period for dissenting shareholders to approach a court to review t