Adjournment of Meeting
Investa Listed Funds Management Limited (ILFML) as responsible entity of the Investa Office Fund (IOF) refers to the unitholder meeting scheduled to occur on Monday 17 September 2018 (Meeting) in relation to proposed the acquisition of IOF by entities affiliated with The Blackstone Group L.P. (the Blackstone Proposal).
As foreshadowed, ILFML announces that it has now received judicial advice from the Supreme Court of New South Wales confirming that the Chairman of ILFML would be justified in adjourning the Meeting to a time and date to be determined.
In light of the ILFML Board's decision to engage with Oxford Properties Group in relation to its indicative, non-binding and conditional proposal to acquire IOF for $5.60 per unit, the Chairman of ILFML has determined to adjourn the Meeting to a time and date to be determined.
ILFML recommends that unitholders take no action at this point, and will provide an update in due course.
The ILFML Directors continue to unanimously recommend the Blackstone Proposal in the absence of a superior proposal (as defined in the scheme implementation agreement with Blackstone).
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