ApexHi /Prima - Competition approval for the acqui
ApexHi /Prima - Competition approval for the acquisition by Apexhi of the Prima
Business
ApexHi Properties Limited
(Incorporated in the Republic of South Africa)
Registration number 1999/000238/06
JSE share code: APA & ISIN: ZAE000033064
APB & ISIN: ZAE000033072
("ApexHi")
Prima Property Trust
Share code: PRM ISIN code: ZAE000005641
(A collective investment scheme in property managed by Prima Property Trust
Managers Limited ("PPTM"), in terms of the Collective Investment Schemes Control
Act, 45 of 2002)
("Prima")
Competition Approval For The Acquisition By Apexhi Of The Prima Business (The
"transaction")
Java Capital is authorised to announce that the Competition Tribunal has
unconditionally approved the transaction.
The transaction remains subject to a High Court order for, inter alia, the
winding up of Prima and distribution in specie of ApexHi units. It is expected
that application for the requisite order will be made in the next 4 weeks.
Progress announcements will be released on SENS.
Rosebank
24 October 2005
Corporate advisor, legal advisor and sponsor
Java Capital (Proprietary) Limited
Date: 24/10/2005 12:03:02 PM Produced by the JSE SENS Department
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