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Announcement in relation to African Sun’s offer to acquire the entire issued ordinary shares of Dawn Properties
Arden Capital Limited
(formerly Brainworks Limited)
(Incorporated in the Republic of Mauritius)
(Registration number: 115883 C1/GBL)
Share Code: ACZ
ISIN: MU0548S00026
(“Arden Capital” or “the Company”)
Announcement in relation to African Sun’s offer to acquire the entire issued ordinary shares of Dawn Properties
Shareholders are referred to the announcement published on 22 September 2020, wherein
shareholders were advised that African Sun Limited (“African Sun”) had published a circular to African
Sun shareholders containing details of an offer to Dawn Properties Limited (“Dawn”).
Shareholders are advised that Dawn has today, 28 September 2020, released a circular to Dawn
shareholders containing details of an offer to Dawn, wherein African Sun seeks to acquire all the issued
ordinary shares of Dawn, for an aggregate consideration of 1 African Sun ordinary share for every
3.988075946 Dawn ordinary shares held. The circular can be viewed at the following link:
http://www.dawnpropertieslimited.co.zw/wp-content/uploads/2016/05/Dawn-Properties-Limited-
Circular-28-September-2020.pdf.
Grand Baie, Mauritius
28 September 2020
Sponsor
Questco Corporate Advisory Proprietary Limited
Date: 28-09-2020 03:49:00
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