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ORION REAL ESTATE LIMITED - Funding Secured

Release Date: 11/11/2019 15:21
Code(s): ORE     PDF:  
Wrap Text
Funding Secured

ORION REAL ESTATE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/021085/06)
Share Code: ORE ISIN: ZAE000201695
("the Company” or “the Group”)

FUNDING SECURED

Shareholders are referred to the announcement published on SENS on 29 October 2019 and
are advised that the Company has secured the required funding through guarantees issued
by Bidvest Bank Limited (“Bidvest”) to settle the remaining Investec Bank Limited liabilities.
The Board would like to extend its thanks to Bidvest for its practical and sensible assessment
of the financial position of the Group and looks forward to a professional and constructive
banking relationship going forward.


JOHANNESBURG
11 November 2019

Sponsor
Arbor Capital Sponsors Proprietary Limited

Date: 11/11/2019 03:21:00
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