| Thu 29 Nov 2007, 16:20 | | ABT - Ambit Properties Limited - Circular To Share |
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ABT
ABT
ABT - Ambit Properties Limited - Circular To Shareholders And Notice Of
General Meeting
AMBIT PROPERTIES LIMITED
(Registration number: 2001/007003/06)
Share code: ABT
ISIN code: ZAE000051645
("Ambit" or "the Company")
CIRCULAR TO SHAREHOLDERS AND NOTICE OF GENERAL MEETING
Linked unitholders of Ambit are referred to:
- the announcement dated 17 October 2007 regarding the acquisition by Ambit
from ABSA Bank Limited of two commercial properties for a consideration
of R303,5 million; and
- the announcement dated 19 October 2007 regarding the acquisition by Ambit
of the entire share capital and loan accounts against Abseq Properties
(Proprietary) Limited for a consideration of R1 036,87 million,
(collectively "the Acquisitions")
Accordingly, linked unitholders are advised that a circular to linked
unitholders regarding the Acquisitions and containing a notice of general
meeting to be convened at 10:00 on Friday, 21 December 2007 in the boardroom
of Ambit, 1st Floor, 4 Fricker Road, Illovo Boulevard, Illovo, Johannesburg,
was mailed to linked unitholders today.
Johannesburg
29 November 2007
CORPORATE ADVISOR:
GRINDROD BANK LIMITED
LEAD SPONSOR:
EXCHANGE SPONSORS (PROPRIETARY) LIMITED
SOLE BOOKRUNNER AND JOINT TRANSACTION SPONSOR:
BARNARD JACOBS MELLET CORPORATE FINANCE (PROPRIETARY) LIMITED
Date: 29/11/2007 16:20:41 Produced by the JSE SENS Department.
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