Hyprop Investments Limited - Support For The Trans
Hyprop Investments Limited - Support for the transaction entered into between
Hyprop and a subsidiary of Centre City Property Fund ("Cenprop")
Hyprop Investments Limited
(Registration No. 1987/005284/06)
(a company incorporated in South Africa)
("Hyprop")
Share Code: HYP
ISIN: ZAE 000003430
Support for the transaction entered into between Hyprop and a subsidiary of
Centre City Property Fund ("Cenprop")
Unitholders are referred to the announcement published by Hyprop in the press on
5 November 2002 regarding an increase in the price payable by Hyprop in terms of
its acquisition agreement relating to the Rosebank Mall and JHI House ("the
Hyprop acquisition") and to the Cenprop announcement published on
5 November 2002 regarding, inter alia, the offers by Acucap Properties Limited
and the expired offer by Momentum Property Investments (Pty) Limited.
Hyprop has been soliciting and continues to solicit Cenprop unitholder support
for the Hyprop acquisition. At present, Cenprop unitholders holding in excess of
50% of Cenprop units have furnished Hyprop with written support for the Hyprop
acquisition.
Rosebank
6 November 2002
Corporate Advisor and Sponsor Legal Advisor
Corpcapital Corporate Finance Corpcapital Transaction
Support
Date: 06/11/2002 05:45:20 PM Produced by the JSE SENS Department
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