Rozendal
Rozendal Worldwide Flexible Prescient Qualified Investor Hedge Fund is a hedge fund that increased its RMH Holdings stake to 5.24% and is aligned with shareholder activist Albie Cilliers in opposing the R0.47 AttBid Proprietary Limited mandatory offer. Together, Cilliers (~15%) and Rozendal (~5.24%) represent approximately 20% of total RMH issued capital — roughly 35% of the “offer shares” (the float excluding Atterbury Property Fund’s 28.35% direct stake). This combined bloc is comfortably above the 10% blocking threshold required to prevent the 90% compulsory acquisition trigger under section 124 of the Companies Act.
Connections
- Albie Cilliers — allied activist; combined block exceeds squeeze-out prevention threshold
- RMH Holdings — holds 5.24%
- AttBid Proprietary Limited — opposing the 47c offer