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HYP - Hyprop Investments Limited - Update on Attfund Retail acquisition

Release Date: 31/08/2011 09:41
Code(s): HYP
Wrap Text

HYP - Hyprop Investments Limited - Update on Attfund Retail acquisition Hyprop Investments Limited (Incorporated in the Republic of South Africa) (Registration No. 1987/005284/06) Share Code: HYP ISIN Code: ZAE000003430 ("Hyprop" or "the company") UPDATE ON ATTFUND RETAIL ACQUISITION Combined unitholders are referred to previous announcements related to the acquisition by Hyprop of 100% of the shares in Attfund Retail Limited ("Attfund Retail"), for the purpose of acquiring Attfund Retail`s portfolio of property assets and listed securities. As previously communicated, the effective date of the transaction is Thursday, 1 September, 2011 and accordingly the Hyprop consideration units ("the consideration units") shall be issued and listed with effect from that date. The 92 000 000 consideration units shall be issued as Hyprop convertible instruments and shall convert to Hyprop combined units after the Record Date for the Hyprop special distribution for the two month period ended 31 August 2011. The Hyprop convertible instruments shall trade under the Alpha code HYPC and ISIN number ZAE000158911 in the "Real Estate - Holdings and Development" sector on the Main Board of the JSE Limited. 31 August 2011 Corporate advisor and legal advisor to Hyprop Java Capital (Proprietary) Limited Sponsor to Hyprop Java Capital Trustees and Sponsors (Proprietary) Limited Date: 31/08/2011 09:41:16 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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