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ANCHOR GROUP LIMITED - Announcement of Appointment as Asset Manager to Astoria Investments Limited

Release Date: 19/11/2015 15:00
Code(s): ACG     PDF:  
Wrap Text
Announcement of Appointment as Asset Manager to Astoria Investments Limited

ANCHOR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/005413/06)
(“Anchor” or “the Company”)
ISIN Code: ZAE000193389          JSE Code: ACG

ANNOUNCEMENT OF APPOINTMENT AS ASSET MANAGER TO ASTORIA INVESTMENTS
LIMITED (“ASTORIA”)

Anchor would like to draw attention to a SENS statement released earlier today by
Astoria.

Astoria is listing on the Alternative Exchange of the JSE on 25 November 2015 and has
announced that it has raised an aggregate amount of ZAR1.8 billion through a South
African private placement. Anchor Group was a joint bookrunner for the private
placement and, through its 100%-owned subsidiary Anchor Capital Mauritius Limited,
has signed an asset management agreement with Astoria to manage the initial
ZAR1.8 billion. All these funds will be invested in offshore markets.

Johannesburg
19 November 2015

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

Date: 19/11/2015 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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