OCTODEC INVESTMENTS LIMITED - Fulfilment of conditions precedent relating to, inter alia, the proposed acquisition by Octodec of the entire issued

Release Date: 04/09/2014 09:32
Code(s): OCT PMM
 
Wrap Text
Fulfilment of conditions precedent relating to, inter alia, the proposed acquisition by Octodec of the
entire issued

Octodec Investments Limited 
(Incorporated in the Republic of South Africa) 
(Registration number 1956/002868/06) 
Share Code: OCT 
ISIN Code: ZAE000005104 
(“Octodec”) 
REIT status approved 
 
Premium Properties Limited 
(Incorporated in the Republic of South Africa) 
(Registration number 1994/003601/06) 
Share Code: PMM  
ISIN Code: ZAE000009254 
(“Premium”) 
REIT status approved 
 

Fulfilment of conditions precedent relating to, inter alia, the proposed acquisition by Octodec of the 
entire issued linked unit capital of Premium that it does not already own (“the Proposed Transaction”) 
and the capital restructure of Octodec (“the Capital Restructure”) 

Octodec linked unitholders and Premium linked unitholders (collectively, “Linked Unitholders”) are 
referred to the announcement dated 31 July 2014 and previous announcements relating to; inter alia, the 
Proposed Transaction and the Capital Restructure. 

Linked Unitholders are advised that the Proposed Transaction was approved by the Competition Tribunal 
yesterday, 3 September 2014, and accordingly all the conditions precedent to the Proposed Transaction 
and Capital Restructure have now been fulfilled. 

Linked Unitholders are referred to the salient dates and times set out in the announcement dated 31 July 
2014 for details of the timing of implementation of the Proposed Transaction and Capital Structure. 

 

Johannesburg 

4 September 2014 

 

Investment Bank, Corporate Adviser and Sponsor to Octodec and Premium 

Nedbank Capital 

 
Legal adviser to Octodec and Premium 

Tugendhaft Wapnick Banchetti and Partners 

 

Competition law advisers to Octodec and Premium 

Baker & McKenzie 

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