Funds managed by Sandon Capital have been unitholders in AIMS Property Securities Fund (APW) for almost two years and currently own approximately 2.4 million units.

ASX Code

APW

Share Price

THE ACTIVIST CAMPAIGN

Sandon Capital formed an association with Samuel Terry Asset Management Pty Ltd and disclosed an increased substantial position in APW lodging a notice of change of interests of substantial holder.

Sandon and Samuel Terry now have a collective relevant interest in 18.6% of the units in APW, making them individually and collectively the largest independent unitholders of APW. Samuel Terry has served a notice on APW of a general meeting of unitholders it is calling under section 252D of Corporations Act. This meeting will be held at 10:00am (AEDT) on 10 December 2018 at Level 4, 60 Carrington Street, Sydney NSW 2000.

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