Sunday, 21 April 2024

Announcement

ASSET: AUG: Delay In Settlement Date Of Sale Of Augusta House

30 Sep 2016 08:55NZX
NZX RELEASE
30 September 2016

DELAY IN SETTLEMENT DATE OF SALE OF AUGUSTA HOUSE

Augusta Capital advises that the settlement date for the sale of Augusta
House has been delayed due to a delay in the issue of new titles following
the subdivision, arising as a result of the sale of an adjoining property
which is not part of the Finance Centre.

Settlement is contracted to occur 10 working days after the new titles are
issued and Augusta expects this to occur by mid-late November 2016.  A
further announcement will be made when the settlement date is confirmed.

Until settlement occurs, Augusta continues to receive all rental income from
Augusta House.

-ENDS-

For further information please contact:

Mark Francis
Managing Director
End CA:00290041 For:AUG    Type:ASSET      Time:2016-09-30 08:55:07
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Augusta Capital Limited Ordinary Shares
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