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ARROWHEAD PROPERTIES LIMITED - Update regarding Connaught Properties

Release Date: 30/06/2015 15:16
Code(s): AWB AWA     PDF:  
Wrap Text
Update regarding Connaught Properties

ARROWHEAD PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2011/000308/06)
JSE share code: AWA ISIN: ZAE000158101
JSE share code: AWB ISIN: ZAE000158119
(Approved as a REIT by the JSE)
(“Arrowhead” or “the company”)


UPDATE REGARDING CONNAUGHT PROPERTIES


Linked unitholders are referred to the Arrowhead announcement released on SENS on 5 June 2015 advising that
Arrowhead had concluded an agreement with Connaught Properties Proprietary Limited (“Connaught”), in terms of
which Connaught had agreed to sell a R420 million residential property portfolio (“the Connaught portfolio”) to
either Indluplace or, if Indluplace did not agree to become bound as purchaser under the agreement by 30 June 2015,
to Arrowhead.


Linked unitholders are referred to the announcement released by Indluplace on SENS today and are advised that
Indluplace has agreed to be bound as purchaser under the agreement.

30 June 2015


Sponsor

Java Capital

Date: 30/06/2015 03:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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