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AECLY AE and CI Ltd (PK)

7.734
0.00 (0.00%)
10 Jan 2025 - Closed
Delayed by 15 minutes
Name Symbol Market Type
AE and CI Ltd (PK) USOTC:AECLY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 7.733964 7.733964 7.733964 0.00 00:00:00

AECI LTD - Further re Sale of Surplus in Capetown

24/06/2015 3:45pm

PR Newswire (US)


AE and CI (PK) (USOTC:AECLY)
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AECI LIMITED
Incorporated in the Republic of South Africa
Registration Number 1924/002590/06
Share code: AFE 
ISIN: ZAE000000220
(“AECI”)

UPDATE:  SALE OF SURPLUS LAND IN CAPE TOWN BY PAARDEVLEI PROPERTIES PROPRIETARY LIMITED TO THE CITY OF CAPE TOWN (“THE TRANSACTION”)

Shareholders are referred to AECI’s announcement published on SENS on 5 June 2015 in this regard.

The last outstanding condition precedent to which the Transaction was subject was its approval by the competition authorities.

Shareholders are advised the Transaction was approved today, Wednesday, 24 June 2015, by the Competition Tribunal of South Africa, without conditions, and accordingly the Transaction has become unconditional.

Woodmead, Sandton

24 June 2015

Sponsor:       RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Legal advisors to AECI:  Webber Wentzel

Copyright e 24 PR Newswire

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