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PUTPROP LIMITED - Withdrawal of Cautionary Announcement

Release Date: 28/04/2016 15:00
Code(s): PPR     PDF:  
Wrap Text
Withdrawal of Cautionary Announcement

Putprop Limited
Incorporated in the Republic of South Africa
(Registration number 1988/001085/06)
Share code: PPR ISIN: ZAE000072310
(“Putprop” or “the Company”)


WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the “proposed delisting and cautionary announcement” released on
SENS on 18 September 2015 (and using the terms defined therein unless otherwise stated) and
the subsequent renewal of cautionary announcements, the last of which was dated
11 March 2016.

Shareholders are advised that due to the discount of Putprop’s share price to net asset value, the
board of directors of Putprop has determined that it will be unable to obtain the required support
from shareholders for the Delisting at a price that is satisfactory to the Company and has decided
not to continue with the process.

Accordingly, caution is no longer required when dealing in the Company’s securities.


Johannesburg
28 April 2016


Sponsor
Merchantec Capital

Date: 28/04/2016 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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