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LIBERTY TWO DEGREES LIMITED - Voluntary Announcement Regarding Ster-Kinekor Theatres (Pty) Ltd Business Rescue

Release Date: 01/02/2021 15:25
Code(s): L2D     PDF:  
Wrap Text
Voluntary Announcement Regarding Ster-Kinekor Theatres (Pty) Ltd Business Rescue

LIBERTY TWO DEGREES LIMITED
(Registration number: 2018/388906/06)
JSE share code: L2D
ISIN: ZAE000260576
(“L2D” or “the Company”)


VOLUNTARY ANNOUNCEMENT REGARDING STER-KINEKOR THEATRES (PTY) LTD
(“STER-KINEKOR”) BUSINESS RESCUE

Shareholders of L2D are advised of the communication by Ster-Kinekor on 29 January 2021 noting
that it has been placed under supervision and commenced business rescue proceedings on 27
January 2021.

Ster-Kinekor occupies 11 621m² (1.2%) of L2D’s total portfolio GLA at 31 December 2020. L2D’s
management will review the business rescue plan once it is made available.
L2D is in a closed period until the publication of its 2020 annual results on 22 February 2021, and will
provide further updates accordingly.


Johannesburg
1 February 2021

Sponsor
The Standard Bank of South Africa Limited

Investor Relations
Gareth Rees
Contact number: 011 448 6804

Date: 01-02-2021 03:25:00
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