ADRENNA PROPERTY GROUP LIMITED - Extension of Time for Posting of Acquisition Circular

Release Date: 08/11/2018 08:08
Code(s): ANA
 
Wrap Text
Extension of Time for Posting of Acquisition Circular

ADRENNA PROPERTY GROUP LIMITED
Incorporated in the Republic of South Africa
Registration Number 1998/012245/06
Share Code: ANA      ISIN Number: ZAE000187407
(“Adrenna” or “the Company”)

EXTENSION OF TIME FOR POSTING OF ACQUISITION CIRCULAR

Shareholders are referred to the announcement released on SENS on 7 September 2018
that the Board of directors of Adrenna entered into an agreement on 5 September 2018
with The East Sydney Day Hospital Proprietary Limited (ESDH) in terms of which it will subscribe
for 2 000 000 convertible, redeemable preference shares to be issued by ESDH for an
amount of A$2 000 000 with effect from 1 August 2018. The transaction is a Category 1
related party transaction and requires shareholder approval.

The company is experiencing lengthy time delays in obtaining the relevant financial
information from Australia in the format required by the JSE Listings Requirements.

Adrennal shareholders are therefore advised that the JSE has accordingly granted the
Company a further extension to 31 January 2019 to finalise and post the required circular.




Johannesburg
8 November 2018

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

Date: 08/11/2018 08:08:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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