ACUCAP PROPERTIES LIMITED - CONDITIONS PRECEDENT TO THE ACQUISITION OF AN
UNDIVIDED 17.7683% SHARE IN THE BRIDGE, PORT ELIZABETH
ACUCAP PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2001/021725/06)
Share code: ACP ISIN: ZAE000037651
(`Acucap` or `the company`)
CONDITIONS PRECEDENT TO THE ACQUISITION OF AN UNDIVIDED 17.7683% SHARE IN THE
BRIDGE, PORT ELIZABETH
On 31 August 2004 the company announced the acquisition of the three core Cape
based properties from Resilient Property Income Fund Limited (`Resilient`).
The acquisition of the undivided 17.7683% share of The Bridge regional shopping
centre in Greenacres, Port Elizabeth, was subject to co-shareholders waiving
their respective pre-emptive rights.
Linked unitholders are now advised that all co-shareholders in this property
have waived their pre-emptive rights and that all conditions precedent to the
transaction have now been fulfilled.
20 September 2004
Investment bank and sponsor
Nedbank Capital
Date: 20/09/2004 04:50:17 PM Produced by the JSE SENS Department
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
