SCY
03/03/2016 12:02
ASSET
PRICE SENSITIVE
REL: 1202 HRS Smiths City Group Limited
ASSET: SCY: Commercial Purchase of Retailer Goes Unconditional
3 March 2016
NZX ANNOUNCEMENT
COMMERCIAL PURCHASE OF AUCKLAND BASED RETAILER GOES UNCONDITIONAL
Further to Smiths City Group Limited's announcement on 19 January 2016
regarding one of its subsidiaries, Smiths City (Southern) Limited,
conditional purchase of the business and assets of both Panmure Furniture
City 1983 Limited and its logistics operation Lucky Dragon Limited, the
company is pleased to advise that the purchase is now unconditional.
Settlement for the purchase is set down for 1 April 2016.
ROY CAMPBELL
CHIEF EXECUTIVE
SMITHS CITY GROUP
0272239574
End CA:00278741 For:SCY Type:ASSET Time:2016-03-03 12:02:25
