Disposal of Properties and Circular
INGENUITY PROPERTY INVESTMENTS LIMITED
Incorporated in the Republic of South Africa)
(Registration number 2000/018084/06)
ISIN: ZAE 000127411 JSE share code: ING
(“Ingenuity” or the “Company”)
ANNOUNCEMENT REGARDING THE DISPOSAL OF PROPERTIES AND CIRCULAR
Ingenuity shareholders (“Shareholders”) are referred to the SENS
announcement dated 20 April 2018 wherein Shareholders were advised
that the Company had entered into an agreement with Sanlam
Life Insurance Limited (the “Purchaser”), in terms of which
Ingenuity will dispose of certain properties to the Purchaser
(the “Disposal”).
The Disposal is classified as a Category 1 transaction in terms
of the JSE Listings Requirements (“Listings Requirements”), which
requires, inter alia, the distribution of a circular containing
full details of the Disposal (the “Circular”) to Shareholders and
compliance with paragraph 9.20(b) of the Listings Requirements,
which states that within 60 days of the terms of a Category 1
transaction being agreed, an issuer must dispatch a circular to its
shareholders.
Ingenuity hereby wishes to advise Shareholders that the JSE has
granted an extension for the Circular to be distributed to
Shareholders by no later than the end of August 2018.
19 June 2018
Cape Town
Investment bank, Corporate Advisor and Sponsor
Nedbank Corporate and Investment Banking
Date: 19/06/2018 12:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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