PUTPROP LIMITED - Distribution of Circular and Notice of General Meeting

Distribution of Circular and Notice of General Meeting

PUTPROP LIMITED
Incorporated in the Republic of South Africa
(Registration number 1988/001085/06)
Share code: PPR   ISIN: ZAE000072310
(“Putprop” or “the Company”)


DISTRIBUTION OF CIRCULAR AND NOTICE OF GENERAL MEETING


1. DISTRIBUTION OF CIRCULAR
   Shareholders are referred to the announcement released on SENS on 15 September 2020 (and using
   the terms defined therein unless otherwise stated), wherein they were advised that Putprop has entered
   into an Agreement with Allan Gray Proprietary Limited, in its capacity as the duly authorised agent of its
   clients (“the Sellers”) to repurchase 1 488 098 Putprop ordinary shares at a price of R3.13 per share for
   a total consideration of R4 657 746.74 (“Specific Repurchase”).
   
   Shareholders are hereby advised that the circular containing full details of the Specific Repurchase and
   incorporating a notice to convene the general meeting of Putprop shareholders in order to consider and,
   if deemed fit, to pass, with or without modification, the resolutions necessary to approve and implement
   the Specific Repurchase, has been distributed today, Wednesday, 4 November 2020.
   
   The circular is available on the Company's website at: https://www.putprop.co.za/circulars

2. NOTICE OF GENERAL MEETING
   Notice is hereby given that the general meeting will be held at 10:00 on Friday, 4 December 2020 at the
   registered office of Putprop, 91 Protea Road, Chislehurston, Sandton, Johannesburg, 2196, to consider,
   and, if deemed fit, to pass, with or without modification, the resolutions set out in the notice of general
   meeting, which is contained in the Circular.
   
   The board of directors of Putprop has determined that, in terms of section 62(3)(a), as read with section
   59 of the Companies Act, 2008 (Act 71 of 2008), as amended, the record date for the purposes of
   determining which shareholders of the Company are entitled to participate in and vote at the general
   meeting is Friday, 27 November 2020. Accordingly, the last day to trade in Putprop shares in order to be
   recorded in the Register to be entitled to vote will be Tuesday, 24 November 2020.


Johannesburg
4 November 2020

Sponsor
Merchantec Capital

Date: 04-11-2020 03:28:00
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