HYP
HYP
HYP - Hyprop Investments Limited - Update on Attfund Retail acquisition
Hyprop Investments Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1987/005284/06)
Share Code: HYP ISIN Code: ZAE000003430
("Hyprop" or "the company")
UPDATE ON ATTFUND RETAIL ACQUISITION
Combined unitholders are referred to previous announcements related to the
acquisition by Hyprop of 100% of the shares in Attfund Retail Limited ("Attfund
Retail"), for the purpose of acquiring Attfund Retail`s portfolio of property
assets and listed securities.
As previously communicated, the effective date of the transaction is Thursday, 1
September, 2011 and accordingly the Hyprop consideration units ("the
consideration units") shall be issued and listed with effect from that date. The
92 000 000 consideration units shall be issued as Hyprop convertible instruments
and shall convert to Hyprop combined units after the Record Date for the Hyprop
special distribution for the two month period ended 31 August 2011.
The Hyprop convertible instruments shall trade under the Alpha code HYPC and
ISIN number ZAE000158911 in the "Real Estate - Holdings and Development" sector
on the Main Board of the JSE Limited.
31 August 2011
Corporate advisor and legal advisor to Hyprop
Java Capital (Proprietary) Limited
Sponsor to Hyprop
Java Capital Trustees and Sponsors (Proprietary) Limited
Date: 31/08/2011 09:41:16 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
