JSE Sens

RESILIENT REIT LIMITED - Update on FSCA market abuse investigation

08 November 2019 - 10:00 AM
RES RES35 RES41 RES40 RES38
Update on FSCA market abuse investigation

RESILIENT REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/016851/06)
JSE share code: RES ISIN: ZAE000209557
Bond company code: BIRPIF
(Approved as a REIT by the JSE)
(Resilient or the Company)


UPDATE ON FSCA MARKET ABUSE INVESTIGATION


Shareholders are advised that the Financial Sector Conduct Authority (FSCA) has informed Resilient of its decision
that Resilients directors, board and audit committee members did not negligently or intentionally misstate Resilients
2013 to 2017 financial statements as regards the consolidation of the Siyakha Trusts and have therefore not contravened
the statutory prohibition on false, misleading or deceptive statements. Accordingly, the FSCA has closed its
investigation into this matter.

Shareholders are referred to 
-     the FSCA press release dated 4 March 2019 regarding the closure of insider trading investigations relating to
      Resilient; and
-     the FSCA press release dated 7 November 2019 which also stated that the investigation of allegations relating to
      manipulation of the Resilient share price by market participants is ongoing. This investigation is not into the
      affairs of Resilient and is anticipated to be finalised early in 2020.

8 November 2019


Sponsor
Java Capital

Date: 08/11/2019 11:00:00
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.