• COMMUNIQUE Acquisition ABSA House 1st July 2022

    Friday, 01 July 2022

  • LAVASTONE INTERIM DIVIDEND MAY 2022

    Friday, 13 May 2022

  • COMMUNIQUÉ - 10th February 2022

    Thursday, 10 February 2022

  • COMMUNIQUE Acquisition ABSA House

    Wednesday, 26 January 2022

  • PROXY FORM & ANNUAL MEETING OF SHAREHOLDERS

    Wednesday, 19 January 2022

  • FINAL DIVIDEND NOTICE PUBLISHED ON 17 DECEMBER 2021 - UPDATE

    Monday, 03 January 2022

  • NOTICE - 17 December 2021

    Friday, 17 December 2021

  • REPLY DOCUMENT

    Wednesday, 10 November 2021

  • COMMUNIQUÉ - 8th September 2021

    Thursday, 09 September 2021

  • ANNUAL MEETING OF SHAREHOLDERS

    Monday, 19 July 2021

  • PROXY FORM AND CORPORATE RESOLUTION FOR ANNUAL MEETING OF SHAREHOLDERS

    Monday, 19 July 2021

  • AMALGAMATION OF SWTD BIX LTD WITH AND INTO LAVASTONE

    Wednesday, 07 July 2021

  • NOTICE OF DECLARATION OF INTERIM DIVIDEND

    Wednesday, 12 May 2021

  • COMMUNIQUÉ - 10 March 2021

    Wednesday, 10 March 2021

  • COMMUNIQUÉ - 18th February 2021

    Friday, 19 February 2021

  • COMMUNIQUÉ - 15th February 2021

    Monday, 15 February 2021

  • NOTICE - 18 December 2020

    Friday, 18 December 2020

  • COMMUNIQUÉ - 10th July 2020

    Tuesday, 14 July 2020

  • PROXY FORM AND CORPORATE RESOLUTION FOR SPECIAL MEETING OF SHAREHOLDERS

    Wednesday, 11 March 2020

  • ANNEX TO THE SPECIAL MEETING OF SHAREHOLDERS

    Wednesday, 11 March 2020

  • NOTICE OF SPECIAL MEETING OF SHAREHOLDERS

    Wednesday, 11 March 2020

  • PROXY FORM AND CORPORATE RESOLUTION FOR ANNUAL MEETING OF SHAREHOLDERS

    Wednesday, 11 March 2020

  • NOTICE OF ANNUAL MEETING OF SHAREHOLDERS

    Wednesday, 11 March 2020

  • LAVASTONE LTD FINAL DIVIDEND

    Tuesday, 31 December 2019

  • LAVASTONE LTD CAUTIONARY ANNOUNCEMENT

    Thursday, 05 December 2019

  • LAVASTONE LTD NOTICE (08 August 2019)

    Thursday, 08 August 2019

  • JOINT COMMUNIQUÉ - LAVASTONE LTD (“LAVASTONE”) and CIM Financial Services Ltd (“CFSL”)

    Thursday, 10 January 2019

  • COMMUNIQUÉ - Acquisition of Compagnie Valome Limitee (“CVL”)

    Thursday, 27 December 2018

Jan 26, 2022

COMMUNIQUE Acquisition ABSA House

The Board of Lavastone Ltd (“Lavastone”) wishes to inform its shareholders and the public in general that on 25 January 2022, it has entered into a Share Purchase Agreement (the “SPA”) for the acquisition of 100% of the shares of BH Property Investments Ltd, the owner of ABSA House situated at Ebene (the “Transaction”).

The Transaction will be subject to satisfactory completion of conditions precedent, including various due diligence exercises, the obtention of relevant regulatory approvals, final corporate and any other approvals required by the parties to the Transaction.

The Board is of the view that the acquisition of the ABSA House represents a unique growth opportunity for Lavastone and is in line with its investment and growth strategies. The anchor tenant is Absa Bank (Mauritius) Ltd, occupying 86% of the lettable space with a strong lease covenant.

Shareholders of Lavastone and the investing public will be kept informed of further developments in respect of this matter.

By order of the Board
Cim Administrators Ltd
Company Secretary


26 January 2022