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Propertylink Group Provides Acceptance Facility Update

08 Feb 2019  |  09:33:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Acceptance facility update - ESR

Propertylink Group advised regarding ESR Real Estate (Australia) (ESR Australia) takeover bid for the Company. ESR Australia announced that on 7 February 2019, the aggregate number of the Company securities in respect of which either acceptance instructions are held subject to the Acceptance Facility (Acceptance Instructions); valid acceptances of the Offer have been received by ESR Australia (Acceptances); or ESR Australia and its associates have a relevant interest (Relevant Interest), as a percentage of the total number of Company Securities on issue is 34.58%. ESR Australia has announced its intention to waive any Conditions that have not been fulfilled or waived if it is satisfied certain criteria are met between 14 February 2019 and 19 February 2019.

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