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BONATLA PROPERTY HOLDINGS LIMITED - Renewal of Cautionary Announcement

Release Date: 13/03/2015 07:10
Code(s): BNT     PDF:  
Wrap Text
Renewal of Cautionary Announcement

BONATLA PROPERTY HOLDINGS LIMITED
(Registration number 1996/014533/06)
Share code: BNT ISIN: ZAE000013694
(”Bonatla” or “the Company”)


RENEWAL OF CAUTIONARY ANNOUNCEMENT AND PARTIAL WITHDRAWAL OF
CAUTIONARY

Shareholders are referred to the previous cautionary announcements dated 6 March 2013,
22 April 2013, 5 July 2013, 8 July 2013, 19 August 2013, 1 November 2013, 4 November
2013, 17 December 2013, 31 January 2014, 21 February 2014, 5 May 2014, 17 June 2014,
30 June 2014, 11 August 2014, 22 September 2014, 3 November 2014, 15 December 2014
and 30 January 2015 respectively and are advised that certain negotiations referred to
therein are still in progress, or pro forma financial effects are still required to be announced.

Details of these are summarised as follows:

Pro forma effects still to be announced:
- Disposal of Bishops Court announced on 17 May 2013;
- Disposal of Austin Crossing announced on 17 May 2013;
- Acquisition of an increased shareholding in CPTech from related parties announced on
  17 May 2013;
- Disposal of Chambers announced on 21 February 2014;
- Disposal of Tropical 320 announced on 21 February 2014;
? Disposal of Tropical 334 announced on 21 February 2014;
- Share Swap Agreement for Kimberley Diamond and Jewellery Hub announced on
  22 September 2014; and
- Share Swap Agreement for Lincoln Meade Park announced on 22 September 2014.

On-going discussions and/or negotiations:
- Acquisition of 75.1% in a special purpose vehicle to be formed for the Jozini acquisition;
   and
- Acquisition of Ruitersvlei.

Partial withdrawal of Cautionary Announcement
Negotiations for the acquisition of 75.1% of Guilder Investments Proprietary Limited have
terminated.

Shareholders are advised to continue to exercise caution in dealing in their Company’s
securities until an announcement detailing the pro forma financial effects of the above
transactions is made and until further announcements are made regarding the on-going
discussions and/or negotiations detailed above.

By order of the board
13 March 2015

SPONSOR
Arbor Capital Sponsors Proprietary Limited

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