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

ATTACQ LIMITED - Voluntary announcement regarding the disposal of Attacq's shareholding in Karoo to MAS Real Estate Inc. ("MAS")

Release Date: 20/11/2013 17:35
Code(s): ATT     PDF:  
Wrap Text
Voluntary announcement regarding the disposal of Attacq's shareholding in Karoo to MAS Real Estate Inc. ("MAS")

ATTACQ LIMITED
(previously Atterbury Investment Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1997/000543/06)
JSE share code: ATT ISIN: ZAE000177218
(“Attacq” or “the company”)


VOLUNTARY ANNOUNCEMENT REGARDING THE DISPOSAL OF ATTACQ’S SHAREHOLDING IN KAROO TO MAS REAL ESTATE INC. (“MAS”)


Attacq shareholders are referred to Attacq’s prospectus issued on 4 October 2013 as well as the MAS SENS
announcements dated 3 October 2013 and 20 November 2013 regarding the acquisition by MAS of Attacq’s
37 194.542 shares in Karoo Investment Fund S.C.A SICAV-SIF (“Karoo I”) and 9 326.500 shares in Karoo
Investment Fund II S.C.A SICAV-SIF (“Karoo II”), which shares were subsequently merged into
44 722.256 Karoo Investment Fund shares (“Karoo Shares”).

Attacq shareholders are advised that Attacq has now concluded a formal agreement with MAS to dispose of
the Karoo Shares for an initial purchase price of EUR 34 199 730.59 (subject to the adjustment mechanism
set out in the MAS SENS announcement of 3 October 2013), to be settled by the issue of 31 962 365 new
MAS shares (“Consideration Shares”).

The transaction remains subject to the receipt of approvals from the Luxembourg Stock Exchange and the
JSE by MAS, to the extent required.

Following the issue of the Consideration Shares, it is expected that Attacq will hold 47.2% of the issued
share capital of MAS.

This announcement is for information purposes only.


20 November 2013


Sponsor
Java Capital

Date: 20/11/2013 05:35:00 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