| Fri 11 Mar 2011, 15:59 | | PAP - Pangbourne Properties Limited - Acquisition by Capital of all Pangbourne |
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CPL PAP
CPL PAP
PAP - Pangbourne Properties Limited - Acquisition by Capital of all Pangbourne
linked units: registration of Order of Court
Pangbourne Properties Limited
(Registration No. 1987/002352/06)
Share Code: PAP
ISIN Code: ZAE000005252
("Pangbourne")
Capital Property Fund
Share Code: CPL
ISIN: ZAE000001731
("Capital")
(A portfolio in Capital Property Trust Scheme, a Collective Investment Scheme in
Property established in terms of the Collective Investment Schemes Control Act,
No 45 of 2002)
Managed by Property Fund Managers Limited
(Registration No. 1980/009531/06)
ACQUISITION BY CAPITAL OF ALL PANGBOURNE LINKED UNITS: REGISTRATION OF ORDER OF
COURT
Capital and Pangbourne unitholders are referred to the announcement released on
SENS yesterday, 10 March 2011 and are advised that the Order of Court
sanctioning the scheme of arrangement referred to therein has been registered by
the Registrar of Companies.
All conditions to implementation of the scheme have now been fulfilled and the
salient dates for implementation of the scheme are as follows:
2011
Registration of Order of Court on Friday, 11 March
Finalisation date Friday, 11 March
Last day to trade in order to participate in the
scheme consideration (see note 2 below) Friday, 25 March
Suspension of listing of Pangbourne linked units on Monday, 28 March
Scheme consideration record date, being the date on Friday, 1 April
which scheme participants must be recorded in the
register to receive the scheme consideration, by
close of trading on
Operative date of the scheme on Monday, 4 April
Scheme consideration posted to certificated scheme Monday, 4 April
participants (if documents of title are received on
or prior to 12:00 on the scheme consideration
record date) on or about
Dematerialised scheme participants` accounts (held Monday, 4 April
at their CSDP or broker) updated on or about
Termination of listing of Pangbourne linked units Tuesday, 5 April
on
Note:
Pangbourne linked unit certificates may not be dematerialised or rematerialised
after Friday, 25 March 2011.
11 March 2011
Corporate advisor, legal advisor and sponsor to Capital and sponsor to
Pangbourne
Java Capital
Date: 11/03/2011 15:59:18 Produced by the JSE SENS Department.
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