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TRUSTCO GROUP HOLDINGS LIMITED - Posting of Elisenheim cicular

Release Date: 29/05/2014 16:14
Code(s): TTO     PDF:  
Wrap Text
Posting of Elisenheim cicular

TRUSTCO GROUP HOLDINGS LIMITED
Incorporated in the Republic of Namibia
(Registration number 2003/058)
NSX Share Code: TUC
JSE Share Code: TTO
ISIN Number: NA000A0RF067
("Trustco” or “the Company")

CONFIRMATION OF POSTING OF ELISENHEIM PROPERTY DEVELOPMENT
COMPANY (PTY) LTD (“ELISENHEIM”) ACQUISITION CIRCULAR

Shareholders are referred to the SENS announcement dated 23 January 2014, wherein
they were advised that Trustco, via its wholly owned subsidiary, Trustco Property
Holdings Proprietary Limited had entered into an agreement with Philco Twenty Two
Proprietary Limited, subject to the fulfilment of certain conditions precedent, in terms of
which Trustco will acquire 100% of the issued share capital of Elisenheim Property
Development Company Proprietary Limited for a purchase consideration of
N$220 million (“the acquisition”).

Shareholders are further referred to the announcement dated 16 May 2014, and are
advised that the circular relating to the acquisition by the company of Elisenheim has
been printed and will be posted to shareholders on 30 May 2014.

By order of the Board
DJ Steyn
Company Secretary
Windhoek,
29 May 2014

JSE Sponsor
Sasfin Capital
(a division of Sasfin Bank Limited)

NSX Sponsor
IJG Securities (Pty) Ltd.

Date: 29/05/2014 04:14:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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