INVICTA HOLDINGS LIMITED - Further update on category 2 disposal of property

Further update on category 2 disposal of property

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN: ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
(“Invicta” or “the Company”)


FURTHER UPDATE ON CATEGORY 2 DISPOSAL OF PROPERTY



Shareholders are referred to the announcements dated 30 November 2020, 9 December 2020,
2 February 2021,1 April 2021, 19 April 2021, 23 April 2021 and 24 May 2021 wherein Invicta
advised of a Category 2 disposal of a rental enterprise by Invicta Properties (Pty) Ltd to Pathisa
Properties Two (Pty) Ltd (the “Purchaser”) in respect of erfs 5434 and 859, Samrand Business
Park.

The parties have agreed to an addendum to the agreement, in terms of which:

  •   The Purchaser shall make a further non-refundable deposit of R1,000,000.00, which has
      been paid; and
  •   Bank guarantees are still to be provided for the balance of the Purchase Price but by no
      later than 15 July 2021.


Johannesburg
25 June 2021


Acting Company Secretary: R. Cloete, on behalf of Acorim

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 25-06-2021 05:40:00
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