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Settlement of sale of Heinz Wattie�s Distribution Centre

Asset Plus is pleased to confirm that the sale of the Heinz Wattie�s Distribution Centre in Hastings has successfully settled on 17 December 2019. Asset Plus had agreed to underwrite the purchaser�s capital raising. No call was made on the underwrite and a fee of $487,500 has been received.

Following settlement, $27.5 million of the net sale proceeds has been applied towards debt repayment.

-ENDS-

For further information, contact:

Bruce Cotterill
Chairman, Asset Plus Limited

Mark Francis
Managing Director, Augusta
Funds Management Limited,
Manager of Asset Plus Limited