At present, Rebosis holds 9.12% of the issued A shares and 100% of the issued B shares of Ascension. While Rebosis does intend to maintain a controlling shareholding in Ascension, it is intended, over time, to achieve a sufficient shareholder spread in Ascension’s B shares in order to re-list the B’s and that Ascension’s A and B shares continue to be listed in the Diversified REITs sector of the JSE. Ascension A shareholders remain under cautionary in this regard.
Read more here: SENS: (JSE: REB/ AIA) – JOINT ANNOUNCEMENT OF THE STRATEGIES OF REBOSIS AND ASCENSION
