10th Mar 2014 07:00
South African Property Opportunities Plc (the "Company")
Starleith Transaction Closes
The Board of Directors of South African Property Opportunities Plc is pleased to announce that the proceeds of ZAR 18 million of the Starleith portion of the Sandton sale have been received. The Board expects that the proceeds of the Wedgewood portion of the Sandton sale will be received before the end of the month. The Board expects to be able to announce a distribution following the receipt of all proceeds from the Sandton sale.
For further information please contact
Paul Fincham +44 (0) 20 7886 2713
Robert Naylor +44 (0) 20 7886 2714
Panmure Gordon
Ian Dungate/David Parnell + 44 (0) 1624 692600
Galileo Fund Services Limited
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South African Property Opportunities