Feb 22 (Reuters) - Investa Office Fund (IOF) :
- Says ibc understands that icpf will not be acquiring the platform's stake in
iof
- Says iom has indicated to the ibc that the transaction remains subject to
certain conditions precedent
- Ibc has unanimously resolved to recommend that iof securityholders vote in
favour of dexus proposal in absence of a superior proposal
- Says sale of the management of iof does not impact the dexus proposal
timetable
- Notes announcement by Investa wholesale funds management that it entered
binding agreement to purchase Investa Office management holdings
- Says acquisition will be made by a new company to be stapled to Investa
commercial property fund
- Iom is managing the consent process with iof's lenders "
- Proposal from dexus to acquire all of the outstanding units in iof securities
to be superior to all other options "
