INGENUITY PROPERTY INVESTMENTS LIMITED - Posting Of Circular and Notice of General Meeting

Release Date: 05/07/2018 09:00
Code(s): ING
 
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Posting Of Circular and Notice of General Meeting

INGENUITY PROPERTY INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/018084/06)
ISIN: ZAE 000127411 JSE share code: ING
(“Ingenuity” or the “Company”)

POSTING OF THE CIRCULAR, INCLUDING A NOTICE OF GENERAL MEETING, RELATING TO THE PROPOSED DISPOSAL
BY INGENUITY OF FIVE PROPERTIES TO SANLAM LIFE INSURANCE LIMITED

1. Circular and notice of general meeting

   Shareholders are referred to the announcement dated 20 April 2018 containing details of the
   proposed disposal by Ingenuity of five properties to Sanlam Life Insurance Limited for a cash
   consideration of R949.2 million (“Proposed Transaction”).

   Shareholders are advised that the company has today, 5 July 2018, posted a circular pertaining 
   to the Proposed Transaction (“Circular”), which document incorporates a notice of general 
   meeting of shareholders (“General Meeting”) to be held at on Friday, 3 August 2018.

   Copies of the Circular may be obtained from the Company’s website at www.ingenuityproperty.com
   or from its registered office, Suite 102, 1st Floor, INTABA Building, 25 Protea Road, Claremont,
   Cape Town, 7708 or from the offices of the company’s sponsor, Nedbank Corporate and Investment
   Banking, a division of Nedbank Limited, 3rd Floor, Corporate Place, 135 Rivonia Road, Sandton
   from Thursday 5 July 2018 to Friday, 3 August 2018.


2. Salient dates and times

   Set out below are the salient dates and times pertaining to the implementation of the Proposed
   Transaction:

                                                                                              2018
   Record date for posting the Circular                                            Friday, 29 June

   Circular incorporating notice of General Meeting posted to Shareholders        Thursday, 5 July
   
   Last day to trade in order to be eligible to attend and vote at the            Tuesday, 24 July
   General Meeting

   Record date for attending and voting at the General Meeting                     Friday, 27 July

   Recommended day to lodge forms of proxy in respect of the General Meeting   Wednesday, 1 August
   by 10:00

   General meeting of Shareholders to be held at 10:00 at Suite 102, 1st          Friday, 3 August
   Floor, INTABA Building, 25 Protea Road, Claremont, Cape Town for the
   purpose of considering and, if deemed fit, approving, with or without
   modification, the resolution proposed thereat

   Results of General Meeting released on SENS                                    Friday, 3 August

   Estimated date for fulfilment of the Conditions Precedent (on or about)        Friday, 3 August


These dates and times are subject to amendment. Any such amendment will be released on SENS.

Cape Town
05 July 2018

Investment Bank, Corporate Advisor and Sponsor
Nedbank Corporate and Investment Banking

Legal Advisor
Webber Wentzel

Independent Reporting Accountant
Mazars

Independent Property Valuer
Mills Fitchet Magnus Penny & Wolffs

Transfer Secretaries
Computershare Investor Services Proprietary Limited

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