DELTA EMD LIMITED - Completion of the Australia Plant Site Disposal
DTA 201503030022A
Completion of the Australia Plant Site Disposal
Delta EMD Limited
(Incorporated in the Republic of South Africa)
Registration number 1919/006020/06
ISIN: ZAE000132817
Share code: DTA
("Delta" or "the Group")
COMPLETION OF THE AUSTRALIA PLANT SITE DISPOSAL
Shareholders are referred to the Group's audited consolidated
financial results for the year ended 27 December 2014, released on
the Stock Exchange News Service of the JSE Limited on 9 February
2015, in which they were advised that Delta had entered into an
agreement for the disposal of the Group’s Australia Plant Site ("the
Transaction").
Shareholders are now advised that the conditions precedent to the
Transaction have been fulfilled, the disposal completed, and the AU$
2.6 million of disposal proceeds received by Delta, on 3rd March
2015. The disposal proceeds will be repatriated, and the Australian
legal entity wound up, in due course.
3 March 2015
Nelspruit
Merchant bank and sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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