ACUCAP PROPERTIES LIMITED - Competition Tribunal approval for the acquisition of a 50% undivided share in Greenacres Shopping Centre
ACP 201402060031A
Competition Tribunal approval for the acquisition of a 50% undivided share in Greenacres Shopping Centre
Acucap Properties Limited
(Incorporated in the Republic of South Africa)
(Registration number 2001/021725/06)
Share code: ACP
ISIN: ZAE000037651
(Approved as a REIT by the JSE)
(“Acucap” or “the Company”)
Unitholders of the Company are referred to the SENS announcement dated 21 October
2013 in which unitholders were advised that Acucap had entered into an agreement with
Liberty Group Limited (“Liberty”) in terms of which Acucap would acquire a 50% undivided
share in the property in Port Elizabeth on which Greenacres Shopping Centre
(“Greenacres”) is located (“the Acquisition”).
Acucap is pleased to advise that the Competition Tribunal approved the Acquisition, without
conditions, on 5 February 2013. The Acquisition has therefore become unconditional.
Transfer of Greenacres will occur at the soonest possible date.
6 February 2014
Sponsor
Questco (Pty) Limited
Competition Law Advisor
Vani Chetty
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