Munroe Lane Agreement now unconditional

NZX RELEASE 30 October 2020 Munroe Lane Agreement now unconditional Asset Plus (NZX: APL) is pleased to confirm that it has signed amended facility agreements with BNZ reflecting the key terms previously advised as part of the recent capital raising. As a result, APL has now satisfied the funding and shareholder approval condition in the Agreement to Develop and Lease with Auckland Council and that agreement is unconditional. Ground works for the development, including excavation, are commencing on Monday, 2 November. -ENDS- For further information contact: Mark Francis Managing Director, Augusta Funds Management Limited, Manager of Asset Plus 09 300 6161 Stephen Brown-Thomas, Asset Plus and Development Manager, Augusta Funds Management Limited, Manager of Asset Plus 09 300 6161 End CA:00362326 For:APL Type:TRANSACT Time:2020-10-30 12:51:56