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BLACKWALL LIMITED — Capital/Financing Update 2018
Dec 13, 2018
64590_rns_2018-12-13_711431fa-0db2-4f50-b213-e0c6557bfe01.pdf
Capital/Financing Update
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14 December 2018
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ASX Release
Bakehouse Quarter Sale Update
As previously disclosed, on 28 September 2018, YUHU Group exercised a call option to purchase the Bakehouse Quarter. A condition of the resulting contract required YUHU Group to make a prepayment of the purchase price in the amount of $5 million. We advise that the $5 million payment has been received today.
Completion of the sale is scheduled to occur in late February 2019.
For further information please contact:
Stuart Brown (CEO) on 0413 921 570 or [email protected].
Tim Brown (CFO) on 0416 925 376 or [email protected].
BLACKWALL LIMITED (ASX Code: BWF) ABN 37 146 935 131
BLACKWALL PROPERTY TRUST (ASX Code: BWR) ABN 68 450 446 692
50 Yeo Street, Neutral Bay, Sydney NSW 2089 Australia | PO Box 612, Neutral Bay, Sydney NSW 2089 Australia | Tel +61 2 9033 8611 | Fax +61 2 9033 8600 | www.blackwall.com.au