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ARROWHEAD PROPERTIES LIMITED - Lapsing Of Acquisition Agreement For Property Letting Enterprise

Release Date: 06/08/2012 10:39
Code(s): AWA AWB     PDF:  
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Lapsing Of Acquisition Agreement For Property Letting Enterprise

ARROWHEAD PROPERTIES LIMITED
(formerly Nervada Trading 13 (Proprietary) Limited)
(Registration number 2011/000308/06)
JSE code: AWA ISIN: ZAE000158101
JSE code: AWB ISIN: ZAE000158119
(“Arrowhead”)

LAPSING OF ACQUISITION AGREEMENT FOR PROPERTY LETTING ENTERPRISE

Linked unitholders are referred to the announcement released on SENS on 18 June 2012 and published in the press on
19 June 2012 wherein linked unitholders were advised that Arrowhead had entered into an agreement with Frutek
(Proprietary) Limited to acquire the property letting enterprise and related immovable property situate at 67 Middle
Road, Bartlett, Boksburg (the “acquisition agreement”).

Linked unitholders are advised that certain of the conditions precedent to which the acquisition agreement was subject
were not fulfilled within the period stipulated in the acquisition agreement. The acquisition agreement has
accordingly lapsed and is of no further force and effect.

6 August 2012

Sponsor
Java Capital
Date: 06/08/2012 10:39:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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