ASTORIA INVESTMENTS LIMITED - Disposal of interest in Kingswood Holdings Limited

Disposal of interest in Kingswood Holdings Limited

ASTORIA INVESTMENTS LTD
(Incorporated in the Republic of Mauritius)
(Registration number 1297585 C1/GBL)
SEM share code: ATIL.N0000
JSE share code: ARA  NSX share code: ARO
ISIN: MU0499N00007
("Astoria" or "the Company")


DISPOSAL OF INTEREST IN KINGSWOOD HOLDINGS LIMITED


Shareholders are referred to the announcement released on SENS and the SEM website on Tuesday, 2 July 2019
relating to the disposal by Astoria, through its wholly-owned subsidiary, Astoria Investments (UK) Limited, 
of its 17.46% interest in Kingswood Holdings Limited to KPI (Nominees) Limited ("the transaction").

Astoria's board of directors are pleased to advise that all conditions precedent to the transaction have been 
fulfilled and accordingly the transaction has become unconditional.

The disposal consideration will be settled in cash on 4 September 2019, being the effective date of the transaction.

29 August 2019

This communique has been issued pursuant to SEM Listing Rule 11.3. The Board of Directors of Astoria accepts full
responsibility for the accuracy of the information contained in this communique.

JSE designated advisor                 
Java Capital

Mauritian company administrator and sponsor
OSIRIS International Group

SEM authorised representative and company secretary          
GB Capital

NSX sponsor
Namibia Equity Brokers
Date: 29/08/2019 02:00:00
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