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ASCENSION PROPERTIES LIMITED - Further cautionary announcement

Release Date: 29/01/2016 10:09
Code(s): AIA     PDF:  
Wrap Text
Further cautionary announcement

ASCENSION PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/026141/06)
JSE share code: AIA    ISIN: ZAE000204566
(Approved as a REIT by the JSE)
(“Ascension” or “the company”)


FURTHER CAUTIONARY ANNOUNCEMENT

Further to the cautionary announcements released on SENS on 6 August 2015, 18 September 2015, 3 November 2015
and 15 December 2015, Ascension A shareholders are advised that the company remains in discussions with the JSE
regarding the continued listing of the Ascension A shares and the Ascension B shares in the Diversified REITs sector of
the JSE. As announced on SENS on 8 December 2015, it is intended, over time, to achieve a sufficient shareholder spread in
Ascension’s B shares in order to re-list the B shares and that Ascension’s A and B shares continue to be listed in the Diversified
REITs sector of the JSE.

Shareholders are advised that Ascension is currently in the advanced stages of negotiations in respect of a possible acquisition,
which, should same be agreed, will, amongst other objectives, facilitate Ascension achieving sufficient shareholder spread in
Ascension’s B shares in order to relist the Ascension B shares. The acquisition, should same be agreed, may have a material effect
on the price of the company’s securities.

Ascension A shareholders are advised to continue to exercise caution when dealing in the company’s securities until a
further announcement in this regard is made.

29 January 2016


Sponsor
Java Capital

Date: 29/01/2016 10:09:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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