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BALWIN PROPERTIES LIMITED - Cautionary announcement

Release Date: 16/10/2015 16:12
Code(s): BWN     PDF:  
Wrap Text
Cautionary announcement

BALWIN PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2003/028851/06)
Share code: BWN
ISIN: ZAE000209532
("Balwin" or "the Company")



Cautionary announcement

Shareholders are referred to the Balwin pre-listing statement dated 1 October 2015 in terms of which Shareholders
were advised that Balwin is currently engaged in negotiations for the acquisition of a land parcel in the Kyalami node
on which an approximate 15,000 residential sectional title units may be developed.

Shareholders are advised that negotiations are ongoing which, if successfully concluded, may have an impact on the
price of Balwin shares. Shareholders are accordingly advised to exercise caution when dealing in Balwin shares until
a further announcement is made.

16 October 2015
Johannesburg

Sponsor
Investec Bank Limited

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