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AUG
25/06/2013 09:51
GENERAL
REL: 0951 HRS Augusta Capital Limited
GENERAL: AUG: Company Update
PROPERTY SYNDICATIONS
The company advises that the proportionate ownership scheme for the property
at 33 Hugo Johnston Drive, Penrose settled on 20 June. This offer was
over-subscribed.
The company also advises that it will be launching the proportionate
ownership scheme for the property at 12 Brick Street, Henderson, this week.
This property is an A-grade industrial building, subject to a new 20 year
lease to D&H Steel Construction Limited. Further information will be
available on the company's website.
RELEVANT INTERESTS
The company advises that the Managing Director Mark Francis has today
purchased the entire shareholding of his brother and General Manager
Christopher Francis. This transaction involved 4,500,000 shares in the
company at a price of $0.845 per share. The transaction has increased the
shareholding of Mark Francis to 17.99% of the company's issued capital, and
consolidates Mark's long term commitment to the company.
Christopher Francis will remain in his role as General Manager of the company
for a further 12 months, after which he intends to pursue other interests.
The Board appreciates Chris's contribution since the Company's inception in
2006 and his continued support over the coming year.
Peter D Wilson
Chairman
-ENDS-
Augusta Capital Limited | 35 Chancery St | The Chancery | Auckland | New
Zealand
Po Box 37953 Parnell | P:+649 300 6161 | F:+649 300 6162 | M: +6421 352 505 |
www.augusta.co.nz
End CA:00237763 For:AUG Type:GENERAL Time:2013-06-25 09:51:44
