ORION REAL ESTATE LIMITED - Update on the Legal Proceedings and Withdrawal of Cautionary Announcement

Update on the Legal Proceedings and Withdrawal of Cautionary Announcement

ORION REAL ESTATE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/021085/06)
Share Code: ORE ISIN: ZAE000075651
("Orion " or “the Company” or “the Group”)

UPDATE ON THE LEGAL PROCEEDINGS AND WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the announcement initially published on 18 December 2018 and
are advised that the Company has managed to successfully defer the Investec liquidation
application to 2020.

The Company can now proceed to put the required funding in place to settle the remaining
Investec bonds.

Accordingly, the Company is withdrawing the cautionary announcement in relation to the legal
proceedings.

JOHANNESBURG
29 October 2019



Sponsor
Arbor Capital Sponsors Proprietary Limited

Date: 29/10/2019 09:45:00
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