RBA - RBA Holdings Limited - Clayville Acquisition Agreement Lapsed
RBA
RBA
RBA - RBA Holdings Limited - Clayville Acquisition Agreement Lapsed
RBA Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1999/009701/06)
(JSE code: RBA ISIN: ZAE000104154)
("RBA" or "the company")
CLAYVILLE ACQUISITION AGREEMENT LAPSED
Shareholders are referred to the announcements released on SENS on 9 and 10
December 2010, where it was announced that a wholly owned subsidiary of RBA has
entered into an agreement with Clayville Garden City Housing Company
(Proprietary) Limited for the acquisition of nine properties in Clayville
Extension 28 Township for an amount of R14.5 million excluding VAT ("the
acquisition").
The agreement was subject to various conditions precedent which had to be
fulfilled by 28 February 2011.
Shareholders are hereby notified that the conditions were not fulfilled
timeously, and that the agreement lapsed.
Johannesburg
10 March 2011
Designated Adviser
Exchange Sponsors
Date: 10/03/2011 10:14:00 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
