To view the PDF file, sign up for a MySharenet subscription.

OSIRIS PROP INTERNATIONAL CO LTD - Purchase and Sale of Assets

Release Date: 29/07/2013 16:00
Code(s): OPI     PDF:  
Wrap Text
Purchase and Sale of Assets

OSIRIS PROPERTIES INTERNATIONAL LIMITED
(Incorporated in Bermuda with registration number 46566)
BSX share code: OPI.BH
JSE share code: OPI
ISIN: BMG6786C1038
(“Osiris” or “the company”)

PURCHASE AND SALE OF ASSETS

Shareholders are advised that Osiris has completed a purchase of a 100% shareholding in Trito
Petersfield Limited (“Petersfield”) for an agreed purchase price of £755,000 (“the purchase”).
Petersfield is the owner of four residential units in Petersfield, UK.

Shareholders are further advised that Osiris has completed a sale of its 100% shareholding in
Banstead Property Holdings Limited (“Banstead”) for an agreed disposal price of £631,822 (“the
sale”). Banstead is the owner of a retail property in Banstead, UK.

The purchase and the sale are in line with the company’s stated investment policy, to invest
opportunistically in undervalued real estate assets. The company continues to actively seek
potential properties with strong sustainable income from high quality tenants and which have
leases with a high likelihood of being renewed on expiry.

Osiris has a primary listing on the Bermuda Stock Exchange and a secondary listing on the
Alternative Exchange of the JSE Limited.

29 July 2013


JSE sponsor:

BSX sponsor: Global Custody and Clearing Limited

Date: 29/07/2013 04:00:00 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.

Share This Story