ASCENSION PROPERTIES LIMITED - Further cautionary announcements in respect of the relisting of the Ascension B shares and the proposed acquisition

Further cautionary announcements in respect of the relisting of the Ascension B shares and the proposed acquisition

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 ANNOUNCEMENTS IN RESPECT OF THE RELISTING OF THE ASCENSION B SHARES AND IN RESPECT OF THE PROPOSED ACQUISITION


Shareholders are referred to the cautionary announcements released on SENS in respect of the proposed relisting of the
Ascension B shares and the proposed acquisition, the last of which was released on SENS on 1 July 2016.

Ascension remains in the advanced stages of negotiation with Mutodo Properties Proprietary Limited to acquire a
property letting enterprise (together with the property situated at 66 Jorrisen Street, Johannesburg), which acquisition,
should same be agreed, may have a material effect on the price of the company’s securities.

The acquisition will constitute a category 2 transaction for the purposes of the JSE Listings Requirements. Upon binding
transaction agreements being executed a full announcement regarding the acquisition will be made.

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.

17 August 2016


Sponsor
Java Capital

Date: 17/08/2016 05:09:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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