ACP/SYC - Acucap/Sycom - Further Announcement Rega
ACP SYC
ACP SYC
ACP/SYC - Acucap/Sycom - Further Announcement Regarding The Acquisition By
Acucap Of The Remaining 50% In Sycom Property Fund Managers
ACUCAP PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2001/021725/06)
JSE Share code: ACP ISIN: ZAE000037651
("Acucap")
SYCOM PROPERTY FUND
A Collective Investment Scheme in property registered in terms of the Collective
Investment Schemes Control Act, No. 45 of 2002 and managed by Sycom Property
Fund Managers Limited
(Registration number 1986/002756/06)
JSE Share code: SYC ISIN: ZAE000019303
("Sycom")
FURTHER ANNOUNCEMENT REGARDING THE ACQUISITION BY ACUCAP OF THE REMAINING 50% IN
SYCOM PROPERTY FUND MANAGERS
Acucap and Sycom unitholders are referred to the voluntary announcement dated 12
March 2010 regarding the acquisition by Acucap of the remaining 50% in Sycom
Property Fund Managers ("the Transaction") from Parkdev (Pty) Limited and are
hereby advised that Competition Authority approval has been obtained.
The Transaction is still conditional upon obtaining Financial Services Board
approval which is expected to be finalised in early August 2010.
16 July 2010
Cape Town
Investment bank and sponsor
Nedbank Capital
Date: 16/07/2010 13:11:02 Produced by the JSE SENS Department.
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