20 December 2018

Donnybrook sale update

The Company advises that it has today received payment of $5.5million from the purchaser 960 Blueways Pty Ltd, as required under the contract for the sale of 960 Donnybrook Road, Victoria.

That sale, and the sale of the adjoining 1030 Donnybrook Road to Satterley Property Group Pty Ltd, remain conditional on approval of the Shenstone Park Precinct Structure Plan which continues to progress.

The Company will provide a further update at the time of releasing its half year results on 13 February 2019.

For enquiries:

Craig Treasure Managing Director/CEO Tel: (07) 5588 8888securityholder@villaworld.com.au

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Villa World Limited published this content on 21 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 December 2018 21:09:05 UTC