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NEW FRONTIER PROPERTIES LIMITED - Termination of Asset Management Agreement

Release Date: 08/07/2022 14:00
Code(s): NFP     PDF:  
Wrap Text
Termination of Asset Management Agreement

New Frontier Properties Limited
(Registration number: 123368C1/GBL)
SEM share code: NFP.N0000
JSE share code: NFP
ISIN: MU0453N00004
(“New Frontier” or “the Company”)

TERMINATION OF ASSET MANAGEMENT AGREEMENT

NOTICE OF TERMINATION
Shareholders are referred to the Company’s previous announcement published on SENS on 20 April 2022
wherein it referred to the disposal of Coopers Square Burton upon Trent (“Coopers Square”), being the
last property held by New Frontier.

Pursuant to the disposal of Coopers Square, the Asset Manager notified the Company by way of letter
giving 60 days’ notice of the termination of the Asset Management Agreement between Waypoint New
Frontier Limited and the Company. The termination of the agreement is with effect from 31 August 2022.

By Order of the Board
8 July 2022

This notice is issued pursuant to SEM Listing Rule 11.3, the JSE Listings Requirements and the Mauritian
Securities Act 2005. The Board of the Company accepts full responsibility for the accuracy of the
information contained in this notice.

For further information please contact the JSE Sponsor, AcaciaCap Advisors Proprietary Limited on
+27 11 480 8500

Date: 08-07-2022 02:00:00
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.

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