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INGENUITY PROPERTY INVESTMENTS LTD - Termination of agreement for the acquisition of a property

Release Date: 24/03/2014 10:17
Code(s): ING     PDF:  
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Termination of agreement for the acquisition of a property

INGENUITY PROPERTY INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/018084/06)
ISIN: ZAE 000127411 JSE share code: ING
(“Ingenuity” or “the Company”)

TERMINATION OF AGREEMENT FOR THE ACQUISITION OF A PROPERTY


Ingenuity shareholders are referred to the announcement released on SENS on 19 February 2014
regarding the acquisition of the rental enterprise conducted in respect of Erf 167543 Cape Town,
known as Lansdowne Corner and situated at corner Lansdowne Road and Jan Smuts Drive, Cape
Town (“the Acquisition”).


As set out in the aforementioned announcement, the Acquisition was subject to certain conditions
precedent, one of which was the satisfactory completion of a comprehensive due diligence by
Ingenuity. On completion of the due diligence, the Company has decided to terminate the agreement
entered into and the Acquisition is of no further force or effect.



24 March 2014

Cape Town

Investment Bank and Sponsor
Nedbank Capital

Date: 24/03/2014 10:17:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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