Deneb - disposal announcement – Deneb House
On 11 March 2026, the Company, through its wholly-owned subsidiary, Sargas (Pty) Ltd. ("Seller"), entered into a sale agreement with Hype Investments (Pty) Ltd. (registration number 2025/939234/07) ("Purchaser") in terms of which the Seller will dispose of Erf 177212 Cape Town, measuring 4 752 square metres, together with all improvements thereon, situated at the corner of Main Road and Browning Road, Observatory, Cape Town and known as "Deneb House", to the Purchaser, as a going concern ("Disposal").
The effective date of the Disposal will be the Transfer Date, which is anticipated to be on or about the end of July 2026.
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