To view the PDF file, sign up for a MySharenet subscription.

TRADEHOLD LIMITED - CATEGORY II ACQUISITION BY A WHOLLY OWNED SUBSIDIARY OF TRADEHOLD

Release Date: 02/11/2017 16:10
Code(s): TDH     PDF:  
Wrap Text
CATEGORY II ACQUISITION BY A WHOLLY OWNED SUBSIDIARY OF TRADEHOLD

Tradehold Limited
(Incorporated in the Republic of South Africa)
(Registration number 1970/009054/06)
JSE code: TDH
ISIN: ZAE000152658
(“TDH” or the “TDH Group” or the “Company”)

CATEGORY II ACQUISITION BY A WHOLLY OWNED SUBSIDIARY OF TRADEHOLD

Shareholders are referred to the announcement in respect of the
acquisition (the “Transaction”) by the TDH Group company, Inception
Euston S.a.r.l. (the “Purchaser”) of 41 Chalton Street and 43 Chalton
Street London, NW1 1JD (the “Acquisition Properties”), released on the
Securities Exchange News Service of JSE Limited on 17 October 2017.

Transaction closing:

The Company is pleased to inform that the Transaction was successfully
closed, and accordingly became effective, on 18 October 2017.

Independent valuation of the Acquisition Properties:

The Acquisition Properties were independently valued by Strutt and
Parker, Royal Chartered Surveyors in the United Kingdom as at
4 October 2017, at £13 350 000, which amount is equal to the price paid
by the Purchaser for the Acquisition Properties, excluding the costs of
the Transaction of approximately £907 800.

Cape Town
2 November 2017

Sponsor
Bravura Capital Proprietary Limited

Date: 02/11/2017 04:10:00 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.

Share This Story