Requisition announcement (4914Z)
March 16 2012 - 5:00AM
UK Regulatory
TIDMSAPO
RNS Number : 4914Z
South African Property Opps PLC
16 March 2012
16 March 2012
South African Property Opportunities Plc
Requisition Notice
South African Property Opportunities Plc ("the Company") has
received a requisition notice on behalf of shares ultimately
beneficially owned by Principle Capital Investments Limited, an
entity affiliated with the Company's former manager. The
requisition notice asks the Company to convene an extraordinary
general meeting to consider resolutions: (a) removing as directors
John Chapman and Craig McMurray and (b) instructing the Company's
three remaining directors to undertake a review of the Company's
existing management arrangements and portfolio strategy in
consultation with Currie Group (Pty) Limited.
The Company will respond in due course.
For further information, please contact:
Paul Fincham
Matrix Corporate Capital LLP
+44 (0)20 3206 7175
David Hunter
Chairman
+44 (0)141 204 4041
This information is provided by RNS
The company news service from the London Stock Exchange
END
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