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ONELOGIX GROUP LIMITED - Update on the disposal of properties in the sale and leaseback transaction

Release Date: 27/09/2017 17:35
Code(s): OLG     PDF:  
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Update on the disposal of properties in the sale and leaseback transaction

ONELOGIX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/004519/06)
JSE share code: OLG ISIN: ZAE000026399
(“OneLogix”)


UPDATE ON THE DISPOSAL OF PROPERTIES IN THE SALE AND LEASEBACK TRANSACTION


Shareholders are referred to the announcements published on 22 May 2017 and 16 August 2017, and to
the summary consolidated financial statements for the year ended 31 May 2017 published on 24 August
2017 wherein shareholders were advised that OneLogix had entered into a sale and leaseback transaction
in respect of the Umlaas Road properties in KwaZulu-Natal. Shareholders are advised that certain of the
conditions precedent applicable to the sale and leaseback transaction have not yet been finalised and a
further announcement will be made once these conditions precedent have been finalised.

27 September 2017


Sponsor
Java Capital

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