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AIRPORTS COMPANY SOUTH AFRICA SOC LIMITED - BIACSA-Possible Sale of Shares in MIAL

Release Date: 05/03/2019 16:44
Code(s): AIR04 AIR05 AIR01 AIR02 AIRL01     PDF:  
Wrap Text
BIACSA-Possible Sale of Shares in MIAL

Airports Company South Africa SOC Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/004149/30)
(“ACSA”) or (“the Company)

Issuer Code: BIACSA


Airports Company South Africa announces the possible Sale of Shares
in MIAL

Noteholders are hereby advised that Airports Company South Africa
was approached with an offer to acquire its entire 10% shareholding
in Mumbai International Airport Private Limited (“MIAL”), held
through its wholly owned subsidiary, ACSA Global (Mauritius)
Limited (“ACSA Global”).

Subsequently, ACSA Global has issued a Right of First Refusal
Notice to the existing shareholders of MIAL in terms of the
Shareholders Agreement.


Further information to be provided as and when there are further
material developments relating to the transaction.



Johannesburg
05 March 2019

Debt Sponsor
The Standard Bank of South Africa Limited

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