Hyprop - Update on offer to unitholders of SA Reta
Hyprop - Update on offer to unitholders of SA Retail
Hyprop Investments Limited
(Registration No. 1987/005284/06)
Share code: HYP ISIN code: ZAE000003430
(`the `Hyprop` or `company`)
UPDATE ON OFFER TO UNITHOLDERS OF SA RETAIL PROPERTIES LIMITED (`SA RETAIL`)
Hyprop combined unitholders are referred to the announcement published on SENS
on 24 June 2005 wherein unitholders were advised that the general meetings of
Hyprop shareholders and Hyprop debenture holders convened for the purpose of
securing the requisite approvals for Hyprop to make and implement the offer to
SA Retail unitholders (the `offer`) were adjourned.
Java Capital is authorised to announce that at the adjourned meetings held on 13
July 2005, Hyprop shareholders and debenture holders passed, by the requisite
majority, all resolutions required to make and implement the offer.
The only outstanding condition precedent is the approval of the competition
authorities. Unitholders will be advised of the outcome of the competition
approval process.
Johannesburg
13 July 2005
Sponsor
Java Capital (Proprietary) Limited
Date: 13/07/2005 04:02:07 P
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