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RECM AND CALIBRE LIMITED - Investment in Astoria Investments Limited

Release Date: 27/03/2018 14:34
Code(s): RACP     PDF:  
Wrap Text
Investment in Astoria Investments Limited

RECM and Calibre Limited
(Incorporated in the Republic of South Africa)
Registration number 2009/012403/06
Preference Share Code: RACP
ISIN: ZAE000145041
("RAC" or "the Company")


INVESTMENT IN ASTORIA INVESTMENTS LIMITED

RAC preference shareholders are referred to the announcement released on SENS on 23 March
2017 wherein the Company advised that it had acquired exposure to a new investment, which
exceeded 10% of RAC’s market capitalisation at the time.

RAC has subsequently increased its exposure to the investment, being JSE-listed shares in Astoria
Investments Limited (“Astoria”), via its wholly-owned subsidiary, Livingstone Investments
Proprietary Limited (“Livingstone”).

As at the date of this announcement, Livingstone owns 35 126 516 shares in Astoria, representing
approximately 28.56% of the total issued share capital of Astoria.


Cape Town
27 March 2018

Sponsor and Corporate Advisor
Questco Corporate Advisory Proprietary Limited
and
Questco Proprietary Limited

Date: 27/03/2018 02:34:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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