GDN - Gooderson Leisure Corporation Limited - Successful conclusion of the
GDN
GDN
GDN - Gooderson Leisure Corporation Limited - Successful conclusion of the
acquisition of Kloppenheim Country Estate Hotel
Gooderson Leisure Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1972/004241/06)
JSE Share Code: GDN ISIN: ZAE000084984
("Gooderson" or "the company")
SUCCESSFUL CONCLUSION OF THE ACQUISITION OF KLOPPENHEIM COUNTRY ESTATE HOTEL
Shareholders are referred to the SENS announcement dated 24 November 2011 when
it was announced that Alawill Investments Proprietary Limited, a wholly owned
subsidiary of Gooderson, has purchased the business of Kloppenheim Country
Estate Hotel and all timesharing interests including the property on which it is
situated from Fabcos Property Four Proprietary Limited as represented by HCI
Limited.
Kloppenheim Country Estate started trading in January 2012 after undergoing
cosmetic changes and management expects the hotel to be profitable in the
foreseeable future.
Kloppenheim Country Estate is the ideal country retreat for business and leisure
in the heart of the Highlands Meander, near Machadodorp and Dullstroom, offering
the discerning visitor a range of accommodation options, from luxury lakeside
suites, twin hotel rooms and two-bedroomed self-contained lodges.
All of the terms and conditions of the acquisition have now been met and the
acquisition has become unconditional in all respects.
13 February 2012
Durban
Designated Advisor
Exchange Sponsors
Date: 13/02/2012 12:54:02 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
