ATTACQ LIMITED - Attacq recycles capital Rest of Africa retail investment

Attacq recycles capital – Rest of Africa retail investment

ATTACQ LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/000543/06)
JSE share code: ATT  ISIN: ZAE000177218
(Approved as a REIT by the JSE)
("Attacq")


ATTACQ RECYCLES CAPITAL – REST OF AFRICA RETAIL INVESTMENT


Attacq is pleased to announce that AttAfrica Limited ("AttAfrica"), in which it owns a 31.8% stake, has concluded
an agreement to dispose of its interest in Achimota Retail Centre ("Achimota"), Ghana.

The sale price for the disposal of Achimota is in line with Attacq's carrying value of its effective share in the mall
as at 31 December 2018. Attacq will use its share of the disposal proceeds to reduce its rand denominated debt.

Subject to finalisation of certain terms, the disposal of one other African retail property is expected to be concluded
soon. Once these terms are finalised, the transaction will be announced in due course. Attacq will continue to pursue
disposals of its Africa retail investments in an orderly manner over time.

28 June 2019



Sponsor
Java Capital

Date: 28/06/2019 01:38:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.