Asset Acquisitions and Disposals::ACQUISITION OF THE LAND AT HERON PLAZA SITE, LONDON

Issuer & Securities

Issuer/ Manager
UOL GROUP LIMITED
Securities
UOL GROUP LIMITED - SG1S83002349 - U14
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
14-Aug-2014 07:06:08
Status
New
Announcement Sub Title
ACQUISITION OF THE LAND AT HERON PLAZA SITE, LONDON
Announcement Reference
SG140814OTHRLRWY
Submitted By (Co./ Ind. Name)
Foo Thiam Fong Wellington
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Company has through its newly incorporated subsidiaries entered into and completed a sale and purchase agreement to acquire all the interests in the 2 UK-incorporated companies and the Jersey unit trust which own respectively the legal and beneficial interests in the land at Heron Plaza Site, London, at a price of Sterling Pound 97 million, subject to usual post-completion adjustments. Please see attached detailed announcement and the joint press release.

Attachments

UOL_ACQUISITION_OF_THE_LAND_AT_HERON_PLAZA_SITE_LONDON.pdf
UOL_PRESS_RELEASE.pdf
Total size =308K