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07-Sep-2018
(Official Notice)
06-Sep-2018
(Official Notice)
On 4 September 2018, the JSE Limited ("JSE") wrote to the Company to advise that, pursuant to the FTSE Russell quarterly review of sector classification of companies, Greenbay has been reclassified from the Real Estate Holding and Development subsector to the Equity Investments Instruments subsector based on revenue streams and fair value assessment of investments from segmental reports in the Company's published financial statements.



On 5 September 2018, the JSE announced on the Stock Exchange News Service of the JSE the reclassification of Greenbay with effect from Tuesday, 25 September 2018. The Company is currently engaging with the JSE regarding the sector reclassification and shareholders will be kept informed. The Company has a primary listing on both the Official Market of the SEM and the Main Board of the JSE.

08-Aug-2018
(Official Notice)
The board of directors (the "Board") of the Company wishes to inform the shareholders of Greenbay and the general public that the condensed unaudited consolidated interim financial statements for the three and nine months ended 30 June 2018 have been published and can be viewed on Greenbay's website (www.greenbayprop.mu/financials). Greenbay has primary listings on both the Official Market of the Stock Exchange of Mauritius Ltd ("SEM") and the Main Board of the Johannesburg Stock Exchange Limited ("JSE").
08-Aug-2018
(C)
Net rental and related revenue decreased to EUR981 011 (June 2017: EUR1 million). Profit for the period attributable to equity holders of the company came to EUR82.7 million (June 2017: loss of EUR5.2 million). Headline earnings per share increased to EUR0.19 cents per share (June 2017: EUR0.02 cents per share).



Outlook

The delay in the completion of the Portuguese acquisition due to unforeseen circumstances, and the board's decision to reduce the current leverage through sales in the listed portfolio, will result in a reduction in the forecast distribution growth for the 2018 financial year to between 15% and 20%. The 2019 financial year distribution forecast will be updated in November 2018 with the release of the annual results, when there will be greater certainty on new direct acquisitions.



The revised distribution forecast is based on the following assumptions:

-That a stable global macro-economic environment will prevail;

-That there will be no failures of listed real estate or infrastructure securities or of investment counterparties;

-That there will be no material changes in the regulatory or taxation environment; and

-That no further direct property and infrastructure investments will be made.



This forecast statement and the assumptions underlying such statement are the responsibility of the board and have not been reviewed or reported on by the company's external auditors.
02-Aug-2018
(Official Notice)
Shareholders of the Company are advised that at the general meeting of shareholders held on Thursday, 2 August 2018 (the ?GM?) (in terms of the notice of general meeting sent to shareholders on 5 July 2018), all of the resolutions tabled thereat with regard to the related party acquisition of the remaining 50% of Locaviseu-Sociedade de Gest?o de Im?veis, S.A. from Resilient REIT Limited, amendments to the constitution of the Company and the transfer of EUR400 million of the Company?s stated capital to non-distributable reserves, were passed by the requisite majority of shareholders.



Details of the results of voting at the GM are as follows:

*total number of shares that could have been voted at the GM: 9,488,106,526

*total number of shares that were present/represented at the GM: 8,072,355,526 being 85.08 % of total number of shares that could have been voted at the GM.
05-Jul-2018
(Official Notice)
21-May-2018
(Official Notice)
Shareholders are referred to the announcement released on Tuesday, 15 May 2018 regarding the interim dividend of 0.2885 EUR cents per share for the six months ended 31 March 2018 (the ?cash dividend?). Shareholders on the South African share register will receive the cash dividend in South African Rands, converted from Euro at an exchange rate of EUR1.00: ZAR14.96191. Accordingly, the South African Rand equivalent of the 0.2885 EUR cents per share cash dividend will be 4.31651 ZAR cents per share.



The information provided in this paragraph is only of direct application to shareholders on the South African share register. The gross local dividend amount for shareholders exempt from paying South African dividends withholding tax is 4.31651 ZAR cents per share. The net local dividend amount for shareholders liable to pay South African dividends withholding tax at the rate of 20% is 3.45321 ZAR cents per share. There is no withholding tax payable in Mauritius. The salient dates and times and other details announced on Tuesday, 15 May 2018 remain unchanged.
15-May-2018
(Official Notice)
As per the intention stated in the announcement of 7 May 2018, shareholders are advised that the board of directors of Greenbay (the ?Board?) has declared an interim dividend of 0.2885 EUR cents per share for the six months ended 31 March 2018 (the ?interim dividend?). As Greenbay shares are currently trading below net asset value per share, the Board has decided not to offer shareholders an election to receive the interim dividend by way of an issue of new Greenbay shares. All shareholders on the register on the record date for receipt of the interim dividend will therefore receive the interim dividend in cash.



The interim dividend will be payable to shareholders out of the Company?s distributable earnings.



Salient dates and times

For shareholders on the South African share register 2018

*Announcement of exchange rate released on SENS on or before Tuesday, 22 May

*Last day to trade on the JSE in order to be eligible for the interim dividend Tuesday, 29 May

*Shares commence trading ex-dividend on the JSE Wednesday, 30 May

*Record date for shareholders recorded on the South African share register Friday, 1 June

*Payment of interim dividend Monday, 4 June



For shareholders on the Mauritian share register 2018

*Announcement of exchange rate released on the SEM website on or before Tuesday, 22 May

* Last day to trade on the SEM in order to be eligible for the interim dividend Tuesday, 29 May

*Shares commence trading ex-dividend on the SEM Wednesday, 30 May

* Record date for shareholders recorded on the Mauritian share register Friday, 1 June

*Payment of interim dividend Monday, 4 June
07-May-2018
(C)
07-May-2018
(Official Notice)
The board of directors (the "Board") of the Company wishes to inform the shareholders of Greenbay and the general public that the condensed unaudited consolidated interim financial statements for the three and six months ended 31 March 2018 have been published and can be viewed on Greenbay's website (www.greenbayprop.mu).
24-Apr-2018
(Official Notice)
09-Mar-2018
(Official Notice)
Shareholders are referred to the announcement dated 28 July 2016, wherein Greenbay advised of the conclusion of an agreement with Tivoli Projekt d.o.o. in terms of which the Company acquired 9,932m2 of development land situated in Ljubljana, Slovenia (?the land?). The intention of the Company at the time was to develop the land into a multi-purpose development comprising 127 premium apartments, 3,257m2 of high street retail and 3,864m2 of A grade offices. The Company has subsequently designated the land as a non-core investment, and on 8 March 2018 closed an agreement to dispose of the land for a total consideration of ? 16.2 million, which amount is ? 2.3 million above the book value of the land as at 31 December 2017.



Greenbay, along with other unknown participants, is in the final phase of the bidding process for a substantial direct infrastructure opportunity. The Company intends to utilise the proceeds of the land disposal for this opportunity, and will announce additional details of the acquisition, if successfully concluded. In addition, Greenbay is in active discussions on further direct infrastructure opportunities. The Company has primary listings on both the Official Market of the SEM and the Main Board of the JSE.
23-Feb-2018
(Official Notice)
The board of directors of Greenbay announced that the Listing Executive Committee of the Stock Exchange of Mauritius Ltd (?SEM?) has approved, on 23 February 2018, the issue and listing of up to 8 898 326 478 additional ordinary shares of the company at an offer price that shall be determined by the Directors of the company at the time any such offer, issue or placement is announced. The issue of these additional ordinary shares of Greenbay was approved by shareholders at the Annual General Meeting held on 31 January 2018.



The company?s strategy, as detailed in the Listing Particulars dated 23 February 2018, is to invest globally in direct property and infrastructure, as well as in listed real estate and infrastructure securities. The proceeds raised through the issue of additional Greenbay shares will be invested in accordance with the company?s strategy and investment policy, as and when investment opportunities arise.



As required by the Listing Rules of the SEM, the Listing Particulars of the company will be made available for inspection for at least 10 business days, during normal office hours (from 9 a.m. to 5 p.m. Mauritian time) at the registered office of the company which is situated at C401, 4th Floor, La Croisette, Grand Baie, Mauritius from Friday, 23 February 2018. The Listing Particulars will also be available on the company?s website: www.greenbayprop.mu.
02-Feb-2018
(Official Notice)
The board of directors (the ?Board?) of the Company wishes to inform the shareholders of Greenbay and the general public that the condensed unaudited consolidated financial statements for the three months ended 31 December 2017 have been published and can be viewed on Greenbay?s website (www.greenbayprop.mu).
02-Feb-2018
(C)
Net rental revenue for the quarter came to EUR983 714 (2016: EUR1.2 million) whilst profit for the period attributable to equity holders of the company grew to EUR21.1 million (2016: loss EUR5.1 million). Headline earnings per share was recorded at EUR0.23 pence per share (2016: headline loss of EUR0.10 pence per share).



Dividend

The board has not declared a dividend for the quarter ended December 2017.
31-Jan-2018
(Official Notice)
Shareholders of the company are advised that at the annual general meeting of shareholders held on Wednesday, 31 January 2018 (the ?AGM?) (in terms of the notice of annual general meeting sent to shareholders on 22 December 2017), all of the resolutions tabled thereat were passed by the requisite majority of shareholders.



Due to the public holidays in Mauritius on Wednesday, 31 January 2018 and Thursday, 1 February 2018, the results of the AGM are being released on the SEM on Friday, 2 February 2018.
22-Dec-2017
(Official Notice)
Shareholders are advised that the company?s integrated report, incorporating the audited financial statements for the year ended 30 September 2017, was published on 22 December 2017, and contains no changes from the preliminary summarised audited consolidated financial statements for the year ended 30 September 2017, which were published on the website of the Stock Exchange of Mauritius Ltd (?SEM?) and on Stock Exchange News Service of the JSE Limited on 15 November 2017. A copy of Greenbay?s integrated report is available on the company?s website: www.greenbayprop.mu.



The integrated report contains, inter alia, a notice of annual general meeting for Greenbay shareholders, which will be held at the company?s registered office, being C401, 4th Floor, La Croisette, Grand Baie, Mauritius on Wednesday, 31 January 2018 at 11h00 Mauritian time (09h00 South African time). The record date to be recorded in the register in order to be entitled to vote at the annual general meeting is Friday, 26 January 2018.



Shareholders are further advised that a calculation error has resulted in an incorrect number of new Greenbay shares having been issued pursuant to the election to receive a scrip dividend for the six months ended 30 September 2017. This affects certain shareholders on the company?s Mauritian register only.



An additional 1 739 894 new Greenbay shares will accordingly be issued on Wednesday, 27 December 2017, such that the total number of new Greenbay shares issued pursuant to the scrip dividend will be 129 515 465. Following the issue of the new Greenbay shares, the total issued share capital of the company will increase to 9 488 106 525 ordinary shares of no par value each. Therefore, the total number of voting rights in Greenbay will be 9 488 106 525 with effect from Wednesday, 27 December 2017, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in Greenbay shares.
19-Dec-2017
(Official Notice)
Shareholders are referred to the previous announcements, the last of which was released on the Stock Exchange News Service of the JSE Ltd. (?JSE?) and on the website of the Stock Exchange of Mauritius Ltd. (?SEM?) on Friday, 1 December 2017, in respect of the election by shareholders to receive a scrip dividend by way of an issue of 1.55365 new Greenbay shares (?new Greenbay shares?) for every 100 Greenbay shares held on the record date, being Friday, 15 December 2017 (?scrip dividend?) at an issue price of EUR0.1519 per share or a cash dividend of EUR0.236 cents per share (?cash dividend?) in respect of the six months ended 30 September 2017.



Following completion of the election, the company hereby announces that in respect of the scrip dividend, a total of 127 775 571 new Greenbay shares (out of a maximum of 144 833 996 new Greenbay shares) will be issued on market as listed shares on Wednesday, 20 December 2017 on the Main Board of the JSE and the Official Market of the SEM. The new Greenbay shares issued in respect of the scrip dividend will upon their issue be fully paid up and will rank pari passu in all respects with existing Greenbay shares in issue and are fully fungible with effect from the date of listing.



Following the issue of the new Greenbay shares, the total issued share capital of the company will increase to 9 486 366 631 ordinary shares of no par value each. Therefore, the total number of voting rights in Greenbay will be 9 486 366 631 with effect from Wednesday, 20 December 2017, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Greenbay.



In respect of certificated shareholders and dematerialised shareholders in Mauritius, the cash dividend payment will be made by electronic funds transfer and, in respect of dematerialised shareholders in South Africa, your CSDPbroker accounts will be credited and updated on Wednesday, 20 December 2017 with the cash dividend. In respect of dematerialised shareholders in South Africa and Mauritius, your CSDP/CDS/broker accounts will be credited and updated on Wednesday, 20 December 2017 with the new Greenbay shares.
13-Dec-2017
(Official Notice)
Shareholders are advised that 36 414 535 new Greenbay shares (the ?new Greenbay shares?) will be issued at an ex-dividend price of EUR0.15595 per share on Thursday, 14 December 2017 pursuant to the Greenbay Properties Ltd. Incentive Plan (the ?Incentive Plan?) that was approved by the shareholders on 31 July 2017. The new Greenbay shares will be issued in certificated form to The Greenbay Share Trust through the company?s Mauritian share register.



The Board wished to remind the shareholders that the Incentive Plan was approved by the Johannesburg Stock Exchange (?JSE?) and the Listing Executive Committee of the Stock Exchange of Mauritius Ltd. (?SEM?) in June 2017 and that it permits a maximum of 500 000 000 new Greenbay shares to be offered for subscription on a periodic basis.



The new Greenbay shares are expected to list and trade on the Main Board of the JSE and the Official Market of the SEM from Thursday, 14 December 2017.



Following the issue of the new Greenbay shares, the company will have a total of 9 358 591 060 shares in issue.
01-Dec-2017
(Official Notice)
Greenbay shareholders are referred to the announcement released on Friday, 24 November 2017 regarding the election being offered to Greenbay shareholders to receive the dividend for the six months ended 30 September 2017 as either a scrip dividend by way of an issue of new Greenbay shares (?scrip dividend?), or as a cash dividend.



Shareholders on the South African share register will receive their cash dividend in South African Rands, converted from Euro at an exchange rate of EUR1.00:ZAR16.2607. Accordingly, the South African Rand equivalent of the EUR0.236 cents per share cash dividend will be ZAR3.83753 cents per share.



Shareholders who elect to receive the scrip dividend will be entitled to 1.55365 new Greenbay shares for every 100 Greenbay shares held on the record date, being Friday, 15 December 2017, at an issue price of EUR 0.1519 per share for shareholders on the Mauritian share register and ZAR2.47 per share for shareholders on the South African share register.

The information provided in this paragraph is only of direct application to shareholders on the South African share register. The gross local dividend amount is ZAR3.83753 cents per share for shareholders exempt from paying South African dividends tax. The net local dividend amount is ZAR3.07002 cents per share for shareholders liable to pay dividends tax at the rate of 20%.



There is no withholding tax payable in Mauritius.



The salient dates and times announced on Friday, 24 November 2017 remain unchanged.



Should all shareholders elect to receive the scrip dividend, the maximum total number of new Greenbay shares to be issued will be approximately 144 833 996. Should all shareholders elect to receive the cash dividend, the total value of the cash dividend will be EUR 22 000 337.



As at the date of this announcement, Greenbay has 9 322 176 525 ordinary shares of no par value in issue.
24-Nov-2017
(Official Notice)
21-Nov-2017
(Official Notice)
The board of directors (the ?board?) of Greenbay has declared a dividend of EUR0.236 cents per share for the six months ended 30 September 2017.



This announcement is being released in terms of the Listing Rules of the Stock Exchange of Mauritius Ltd. (?SEM?).



Subject to final regulatory approvals, shareholders will be given the option to receive their dividend either in cash or as a scrip dividend. A circular containing details of this election accompanied by announcements on the Stock Exchange News Service of the Johannesburg Stock Exchange (?JSE?) as well as the website of the SEM, will be issued in due course.
15-Nov-2017
(Official Notice)
The board of directors (the ?Board?) of the Company informed the shareholders of Greenbay and the general public that the preliminary summarised audited consolidated financial statements for the year ended 30 September 2017 have been published and can be viewed on Greenbay?s website (www.greenbayprop.mu).
15-Nov-2017
(C)
Greenbay changed their reporting currency from GBP to EUR. Comparative figures for the year ended September 2016 were translated from GBP to EUR. Rental revenue for the year soared to EUR6 million (2016: EUR568 556), loss for the year attributable to equity holders of the company came in at EUR7 million (2016: profit of EUR39.8 million), while headline loss per share was recorded at EUR0.13 cents per share (2016: earnings of EUR3.69 cents per share).



Distributable earnings and commentary on results

Greenbay achieved EUR0.2589 cents in distributable earnings per share for the second half of the 2017 financial year. The board's dividend policy allows for retaining distributable earnings and, for the six months ended September 2017, the board intends, subject to any required approvals and regulatory compliance, to declare a dividend of EUR0.236 cents per share and to afford shareholders the option to receive the dividend in cash or as a scrip dividend. The circular with relevant details and accompanying announcements on the Stock Exchange News Service of the JSE and the website of the SEM will follow in due course.



Company outlook

Greenbay's dividends are forecast to increase by 25% per year for the 2018 and 2019 financial years and by at least 20% for the 2020 financial year. Forecasts indicate that the distributable earnings will exceed the dividends in both the 2018 and 2019 financial years, which will result in retained earnings in both those years.



The dividend growth is based on the following assumptions:

- That a stable global macro-economic environment will prevail;

- That there will be no failures of listed real estate or infrastructure investments or of investment counterparties;

- That no further direct property and infrastructure investments will be made;

- That further investments in listed real estate and infrastructure securities will be made in line with the investment policy; and

- That the additional investments in listed securities will be funded by debt (with a maximum loan-to-value ratio of 45%).
23-Oct-2017
(Official Notice)
Greenbay shareholders are referred to the Company?s announcement released on the Stock Exchange News Service (?SENS?) of the JSE td. (?JSE?) and the website of the Stock Exchange of Mauritius Ltd. (?SEM?) on 16 October 2017 and the announcements released by Group 5 on SENS on 16 and 20 October 2017.



Greenbay confirms that, in light of Group 5?s preliminary observation that Greenbay?s offer price substantially undervalues the Target Assets, Greenbay has not extended its deadline for acceptance of the firm offer, which has lapsed.

16-Oct-2017
(Official Notice)
21-Aug-2017
(Official Notice)
On 8 August 2017, Greenbay undertook an accelerated book build (the ?ABB?) in order to raise approximately R4.5 billion through the placing of 2 196 591 333 new shares at a price of ZAR1.97 per share on the Johannesburg Stock Exchange (?JSE?) and 87 672 626 new shares (the ?new shares?) at a price of EUR0.126 on the Stock Exchange of Mauritius (?SEM?).



Greenbay confirms that the issuance of the new shares will settle on Tuesday, 22 August 2017.



In announcing the opening of the ABB, Greenbay affirmed its dividend guidance of EUR0.236 cents per share for the second half of the financial year to September 2017, on the basis that the company?s distributable earnings will exceed this expected dividend and, in line with its dividend policy, the company will retain excess earnings. Greenbay also advised shareholders that it expects 25% growth in dividends per share for the 2018 financial year.



The key assumptions and/or bases that were used in arriving at the forecasts are that a stable global macro-economic environment will prevail; that there will be no failures of listed real estate or infrastructure securities or of investment counterparties to the company; that the company will make further investments in listed real estate and infrastructure securities in line with its investment policy (with no assumption that the company will acquire further direct property in the forecast periods); that the further investments in listed securities will be funded through a combination of gearing and capital (with adherence to the company?s policy not to exceed gearing of 45% on an LTV basis and with no assumption that further capital will be raised by the company including the amount of approximately R4.5 billion raised in the ABB as referred to above); and that the direct properties acquired in the Portugese joint venture with effect from 1 June 2017 are brought to account in the 2017 forecast for four months and in the 2018 forecast for the full 12 months.
16-Aug-2017
(Official Notice)
The board of directors of Greenbay (the ?Board?), which holds primary listings on both the Official Market of the Stock Exchange of Mauritius Ltd. (?SEM?) and the Main Board of the JSE Ltd., announces that the Listing Executive Committee of the SEM has approved the new Supplement to the Listing Particulars of the Company on 16 August 2017 (the ?Supplement?) giving the Company authority to issue and list up to 8 555 686 884 additional ordinary shares of the Company, by way of private placement(s), at an offer price that shall be determined by the Board at the time any such offer, issue or placement is announced.



For a full appreciation of the Company, the Listing Particulars of the Company dated 8 May 2017 and the Supplement, should be read in their entirety.



Copies of the Supplement have been made available for inspection for at least 10 business days during normal office hours (from 9 a.m. to 5 p.m. Mauritian time) at the registered office of the Company, which is situated at C1-401, 4th Floor, La Croisette, Grand Baie, Mauritius as from 17 August 2017.



Changes to the board of directors

Shareholders are advised that Paul Simon May (CFO) and Ronnie Porter (independent non-executive director) have resigned from the board with effect from 16 August 2017.



Mr Jacobus ?Kobus? van Biljon has been appointed as the CFO of the Company with effect from 16 August 2017.



Mr Barry Stuhler has been appointed as an Independent non-executive director with effect from 16 August 2017.
11-Aug-2017
(C)
Greenbay changed their reporting currency from GBP to EUR from 11 April 2017. Net rental and related revenue shot up to EUR1.0 million (2016: EUR25 360). Loss for the period attributable to equity holders of the company came to EUR5.2 million (2016: profit of EUR21.4 million). Headline earnings per share dropped to EUR0.02 cents per share (2016: EUR6.91 cents per share).



Dividend

The company's policy is to consider and declare dividends on a semi-annual basis in March and September. As such no dividend was declared for the quarter ended June 2017. The board remains confident of its dividend guidance of EUR0.236 cents per share for the second half of the financial year. It is, however, expected that the distributable earnings will exceed this expected dividend and in line with the dividend policy, the excess will be retained. Greenbay expects 25% growth in dividends for the 2018 financial year.



08-Aug-2017
(Official Notice)
Shareholders are advised that Greenbay has closed its book build. The amount of capital raised was approximately ZAR4 billion through the placing of 2 030 456 852 new shares at a price of ZAR1.97 per share on the South African register and EUR0.126 on the Mauritian register (the ?new Greenbay shares?). The book build was significantly oversubscribed.



Subject to approval by the JSE and the Stock Exchange of Mauritius Ltd. (?SEM?), listing and trading of the new Greenbay shares on the JSE and SEM is expected to commence at the opening of trade on Tuesday, 22 August 2017. Greenbay reserves the right to extend this settlement period if necessary to obtain the required JSE and SEM approvals. Following the issue of the new Greenbay shares, the Company will have a total of 9 068 369 418 shares in issue.
08-Aug-2017
(Official Notice)
In light of substantial demand for its shares in response to the announcement released on Tuesday, 8 August 2017 of an equity raising through the issue of new ordinary shares (the ?equity raise?), Greenbay confirms that it will increase the amount of the equity raise from R2 billion to R4 billion to be issued on the JSE at R1.97 per share and on the SEM at EUR0.126 per share.



The equity raise is being offered to qualifying investors through an accelerated book build process (the ?book build?), which will close at 11.30 (SA time).

08-Aug-2017
(Official Notice)
Greenbay?s results for the quarter ended 30 June 2017 will be released on 11 August 2017. The board remains confident of its dividend guidance of 0,236 EUR cents per share for the second half of the financial year. It is, however, expected that the company?s distributable earnings will exceed this expected dividend and, in line with the dividend policy, the company will retain the excess earnings. Greenbay expects 25% growth in dividends for the 2018 financial year. Greenbay is currently evaluating further significant direct retail opportunities in Europe.



Greenbay announces an equity raise of approximately R2 billion through the issue of new ordinary shares (the ?equity raise?), to be issued subject to pricing acceptable to Greenbay, the requirements of the Company?s Constitution, the Listings Requirements of the JSE Ltd. (?JSE?) and the Listing Rules of the Stock Exchange of Mauritius Ltd. (?SEM?).



The equity raise will be offered to qualifying investors through an accelerated book build process (the ?book build?) conducted on the JSE and SEM. Investors may elect to subscribe for ordinary shares on the South African register in ZAR or on the Mauritian register in EUR. Pricing and allocations will be announced as soon as practicable following the closing of the book build. In making allocations, Greenbay will have regard to details provided by qualifying investors regarding their existing shareholding.



The new shares will be credited as fully paid and issued on Tuesday, 22 August 2017 subject to approval by the JSE and SEM, and will rank pari passu in all respects with the existing shares. Greenbay reserves the right to extend this settlement period if necessary to obtain the requested JSE and SEM approvals. The proceeds from the equity raise will be invested in line with Greenbay?s investment policy. The book build is now open and the Company reserves the right to close it at any time.
31-Jul-2017
(Official Notice)
Shareholders are advised that at the general meeting of shareholders held on 31 July 2017 (in terms of the notice of general meeting dispatched to shareholders on 7 July 2017), for the purpose of approving the adoption of the rules of the Greenbay Incentive Plan, placing 7 500 000 000 unissued shares under the control the board of directors of the Company and authorising the issue of up to 15% of the shares in the Company for cash and all of the resolutions tabled thereat were passed by the requisite majority of Greenbay shareholders.
07-Jul-2017
(Official Notice)
Shareholders are advised that the Company has issued a notice of general meeting to be held at the Company?s registered office C1-401, 4th Floor, La Croisette, Grand Baie, Mauritius on Monday, 31 July 2017 at 10:00 Mauritian time (08:00 South African time) for the purpose of considering and, if deemed fit, passing, with or without modification, the resolutions necessary to adopt the rules of the Greenbay Properties Ltd Incentive Plan and to grant authority to the directors to issue and allot additional shares. The record date to be recorded in the register in order to be entitled to vote at the general meeting is Friday, 21 July 2017. A copy of Greenbay?s notice of general meeting together with a copy of the Greenbay Properties Ltd Incentive Plan is available on the Company?s website: (www.greenbayprop.mu).
30-Jun-2017
(Official Notice)
The board of directors of Greenbay informed the shareholders and the general public that the proposed Greenbay Properties Ltd. Incentive Plan (the ?Incentive Plan?), which Incentive Plan has been approved by the Johannesburg Stock Exchange (?JSE?) and the Listing Executive Committee of the Stock Exchange of Mauritius Ltd. (?SEM?), subject to shareholder approval. The Incentive Plan permits a maximum of 500 000 000 new Greenbay shares to be offered for subscription. For the purposes of clarification the Incentive Plan is subject to approval by shareholders and no shares are currently being issued thereunder.



The purpose of the Incentive Plan is to align the interests of the company?s employees and executive directors with those of the shareholders of the company by providing such persons the opportunity to acquire shares in the company.



A General Meeting of shareholders of Greenbay will be scheduled in due course at which the Incentive Plan will be tabled for shareholders? consideration and approval.



A copy of the Incentive Plan can be viewed at Greenbay?s office during standard working hours.



14-Jun-2017
(Official Notice)
The Listing Executive Committee of the Stock Exchange of Mauritius Ltd (?SEM?) has, on Monday, 12 June 2017, approved the issue and listing of up to a maximum of 118 911 779 new Greenbay shares that may be issued to existing shareholders electing to receive the scrip dividend. Out of that approved quantum, a total of 115 613 498 new Greenbay shares have been issued to existing shareholders as scrip dividend.



As required by the Listing Rules of the SEM, copies of the Supplement to the Listing Particulars relating to this further issue of shares and the Listing Particulars of the company, will be made available for inspection for at least 10 business days as from Wednesday, 14 June 2017, during normal office hours (from 9 a.m. to 5 p.m. Mauritian time) at the registered office of the company which is situated at c/o Intercontinental Trust Ltd, Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius.



The company has primary listings on both the Official Market of the SEM and the Main Board of the JSE Ltd.
13-Jun-2017
(Official Notice)
Shareholders are referred to the previous announcements, the last of which was released on the Stock Exchange News Service of the JSE Ltd. (?JSE?) and on the website of the Stock Exchange of Mauritius Ltd. (?SEM?) on Monday, 29 May 2017, in respect of the election by shareholders to receive a scrip dividend by way of an issue of 1.8868 new Greenbay shares (?new Greenbay shares?) for every 100 Greenbay shares held on the record date, being Friday, 9 June 2017 (?scrip dividend?) at an issue price of GBP0.1060 per share or a cash dividend of GBP0.20 pence per share (?cash dividend?) in respect of the six months ended 31 March 2017. For reference purposes, the EUR equivalent value of the GBP cash dividend is EUR0.2308 cents per share and the EUR equivalent of the scrip dividend reference price is EUR0.1223.



Following completion of the election, the company hereby announces that in respect of the scrip dividend, a total of 115 613 498 new Greenbay shares (out of a maximum of 118 911 779 new Greenbay shares) will be issued on market as listed shares on Wednesday, 14 June 2017 on the JSE and the Official Market of the SEM. The new Greenbay shares issued in respect of the scrip dividend will upon their issue be fully paid up and will rank pari passu in all respects with existing Greenbay shares in issue and are fully fungible with effect from the date of listing.



Following the issue of the new Greenbay shares, the total issued share capital of the company will increase to 7 037 912 566 ordinary shares of no par value each. Therefore, the total number of voting rights in Greenbay will be 7 037 912 566 with effect from Wednesday, 14 June 2017, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Greenbay.



In respect of all shareholders in Mauritius and certificated shareholders in South Africa, the cash dividend payment will be made by electronic funds transfer and in respect of dematerialised shareholders in South Africa, your CSDP/broker accounts will be credited and updated on Wednesday, 14 June 2017 with the cash dividend.



In respect of dematerialised shareholders in South Africa and Mauritius, CSDP/CDS/broker accounts will be credited and updated on Wednesday, 14 June 2017 with the new Greenbay shares.

01-Jun-2017
(Official Notice)
Shareholders are referred to the joint announcement dated 16 March 2017 regarding the acquisition by Resilient and Greenbay on a 50:50 shareholding basis of the holding company of Forum Coimbra and Forum Viseu for an aggregate cash consideration of EUR219,25 million (the ?acquisition?) and are advised that this acquisition closed successfully on 31 May 2017 and has been fully implemented. The acquisition is a transaction in the ordinary course of business of Greenbay and does not fall under Chapter 13 of the Listing Rules of the Stock Exchange of Mauritius Ltd (?SEM?).

30-May-2017
(Official Notice)
Shareholders are advised that Greenbay has closed its book build announced earlier today. The amount of capital raised was approximately ZAR1.15 billion (equivalent to approximately EUR78.5 million) through the placing of 620 000 000 new shares at a price of R1.86 per share on the South African register (the ?new Greenbay shares?). The book build was significantly oversubscribed.



Subject to approval by the JSE Limited (?JSE?) and the Stock Exchange of Mauritius Ltd (?SEM?) listing and trading of the new Greenbay shares on the JSE and SEM is expected to commence at the opening of trade on Monday, 12 June 2017. Investors will have their CSDP and CDS accounts credited with the new Greenbay shares on Monday, 12 June 2017. Following the issue of the new Greenbay shares, the Company will have a total of 6 922 299 068 shares in issue.
30-May-2017
(Official Notice)
Shareholders are advised that Greenbay has closed its book build announced earlier today. The amount of capital raised was approximately ZAR1.1 billion (equivalent to approximately EUR75 million) through the placing of 591 397 849 new shares at a price of R1.86 per share on the South African register (the ?new Greenbay shares?). The book build was significantly oversubscribed.



Subject to approval by the JSE Limited (?JSE?) and the Stock Exchange of Mauritius Ltd (?SEM?) listing and trading of the new Greenbay shares on the JSE and SEM is expected to commence at the opening of trade on Monday, 12 June 2017. Investors will have their CSDP and CDS accounts credited with the new Greenbay shares on Monday, 12 June 2017. Following the issue of the new Greenbay shares, the Company will have a total of 6 893 696 917 shares in issue.



30-May-2017
(Official Notice)
Greenbay announces an equity raising through the issue of new ordinary shares (the ?equity raise?), to be issued subject to pricing acceptable to Greenbay, the requirements of the company?s Constitution, the Listings Requirements of the JSE Ltd. (?JSE?) and the Listing Rules of the Stock Exchange of Mauritius Ltd (?SEM?). Under the applicable requirements, the maximum equity that Greenbay can raise is approximately ZAR1.1 billion (equivalent to approximately EUR75 million).



The equity raise will be offered to qualifying investors through an accelerated book build process (the ?book build?) conducted on the JSE and SEM. Investors may elect to subscribe for ordinary shares on the South African register in ZAR or on the Mauritian register in EUR.



Pricing and allocations will be announced as soon as practicable following the closing of the book build. Greenbay will give preference to existing shareholders in making allocations.



The new shares will be credited as fully paid and issued on Monday, 12 June 2017, and accordingly will be ex the distribution for the six months ended 31 March 2017, otherwise ranking pari passu in all respects with the existing shares.



The proceeds from the equity raise will be invested in line with Greenbay?s investment policy.



The book build is now open and the company reserves the right to close it at any time.



Java Capital is acting as sole bookrunner.
29-May-2017
(Official Notice)
Greenbay shareholders are referred to dividend announcement of Friday, 12 May 2017 and the notice to shareholders announced on Monday, 22 May 2017 and are advised that shareholders on the South African share register will receive their cash dividend in South African Rands, converted from GBP at an exchange rate of GBP1.00:ZAR16.8586. Accordingly, the cash dividend of 0.20 GBP pence per share will be equal to 3.37172 ZAR cents per share.



Shareholders who elect to receive the scrip dividend instead of the cash dividend will be entitled to 1.8868 new Greenbay shares for every 100 Greenbay shares held on the record date, being Friday, 9 June 2017 at an issue price of GBP 0.1060 per share for shareholders on the Mauritian share register and ZAR 1.787 per share on the South African share register (?scrip dividend reference price?).



The allocation of new Greenbay shares will be such that shareholders who elect to receive the scrip dividend will not be allocated a fraction of a new Greenbay share and as such any entitlement to receive a fraction of a new Greenbay share which:

- is less than one-half of a new Greenbay share, will be rounded down to the nearest whole number; and

- is equal to or greater than one-half of a new Greenbay share but less than a whole new Greenbay share, will be rounded up to the nearest whole number.



The information provided in this paragraph is only of direct application to shareholders on the South African share register. The gross local dividend amount is 3.37172 ZAR cents per share for shareholders exempt from paying South African dividends tax. The net local dividend amount is 2.69738 ZAR cents per share for shareholders liable to pay dividends tax at the rate of 20% (currently in place as at the date of this announcement).



The salient dates and times announced on Monday, 22 May 2017 remain unchanged.
22-May-2017
(Official Notice)
12-May-2017
(Official Notice)
The board of directors of Greenbay (?the Board?) has declared a dividend of GBP0.20 pence per share for the six months ended 31 March 2017.



The company?s trading currency changed from GBP to EUR after the end of the interim period and accordingly, for regulatory purposes, a EUR reference price for the GBP dividend will be disclosed in an announcement to be issued in due course.



Subject to final regulatory approvals, shareholders will be given the option to receive their dividend either in cash or as a scrip dividend. A circular containing details of this election, accompanied by announcements on the Stock Exchange News Service of the JSE Ltd as well as the website of the SEM will be issued in due course.

12-May-2017
(C)
Net rental and related revenue for the period shot up to GBP1.991 million (2016: GBP41 238). Operating profit was recorded at GBP5.238 million (2016: operating loss of GBP338 432). Profit for the period attributable to equity holders of the company soared to GBP5.544 million (2016: loss GBP356 451). Furthermore, headline earnings per share was GBP0.11 pence per share (2016: headline loss of GBP1.62 pence per share).



Distributable earnings

Distributable earnings of GBP0.204 pence per share exceeded guidance provided in September 2016. The board's dividend policy allows for retaining distributable earnings and the board has declared a dividend of GBP0.20 pence per share for the interim period ended March 2017.



As announced on 13 April 2017, the company's functional, trading and reporting currency has changed from GBP to EUR effective from April 2017, after the end of the current reporting period, and accordingly the dividend and these financial results are reported in GBP.



Subject to final regulatory approvals, shareholders will be given the option to receive their dividend either in cash or as a scrip dividend. A circular containing details of this election, accompanied by announcements on the Stock Exchange News Service of the JSE as well as the website of the SEM, will be issued in due course.



Outlook

The board is confident that a dividend of approximately EUR0.236 cents per share for the second half of the financial year will be declared. This, together with the interim dividend of GBP0.20 pence per share, is in line with the guidance previously provided of GBP0.40 pence per share for the 2017 financial year. Greenbay expects a further 25% growth in dividends for the year ending September 2018.



This forecast statement and the forecasts underlying such statement are the responsibility of the board and have not been reviewed or reported on by the company's external auditors. The forecast is based on the assumptions that a stable global macro-economic environment will prevail and no failures of listed real estate or infrastructure companies will occur.



12-May-2017
(Official Notice)
The board of directors (?Board?) of the company informs the shareholders of Greenbay and the general public that the condensed unaudited consolidated interim financial statements for the three and six months ended 31 March 2017 have been published and can be viewed on Greenbay?s website (www.greenbayprop.mu).



08-May-2017
(Official Notice)
The Board of Directors of Greenbay announced that the Listing Executive Committee of the Stock Exchange of Mauritius Ltd. (?SEM?) has approved, on 8 May 2017, the issue and listing of up to 746 669 363 additional ordinary shares of the company at an offer price that shall be determined by the Directors of the company at the time any such offer, issue or placement is announced. The issue of these additional ordinary shares of Greenbay was approved by shareholders at the Annual General Meeting held on 31 March 2017.



The company?s strategy, as detailed in the Listing Particulars dated 8 May 2017, is to invest globally in direct property as well as in listed real estate and infrastructure securities. The proceeds raised through the issue of additional Greenbay shares will be invested in accordance with the company?s strategy and investment policy, as and when investment opportunities arise.



As required by the Listing Rules of the SEM, the Listing Particulars of the company, will be made available for inspection for at least 10 business days, during normal office hours (from 9 a.m. to 5 p.m. Mauritian time) at the registered office of the company which is situated at c/o Intercontinental Trust Limited, Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius from 8 May 2017. The Listing Particulars will also be available on the company?s website: www.greenbayprop.mu.
13-Apr-2017
(Permanent)
Greenbay changed their reporting currency from GBP to EUR from 11 April 2017.
13-Apr-2017
(Official Notice)
The Board of Directors of the company informed shareholders and the public in general that following shareholder approval obtained at the annual general meeting of the company held on Friday, 31 March 2017:

- The company has changed its reporting currency from pounds sterling (?GBP?) to Euro (?EUR?) as approved by the Mauritian Registrar of Companies effective as from 11 April 2017.

- The company has changed the denomination of its share capital from GBP to EUR under Section 50(4) of the Mauritian Companies Act 2001, as approved by the Mauritian Registrar of Companies effective as from 11 April 2017.

- The company will be changing the trading currency of its shares listed on the Stock Exchange of Mauritius Ltd. (?SEM?) from GBP to EUR and the shares of the company will be listed and traded on the SEM in EUR effective as from 19 April 2017.
31-Mar-2017
(Official Notice)
Shareholders of the company are advised that at the annual general meeting of shareholders held on Friday, 31 March 2017 (the ?AGM?) (in terms of the notice of annual general meeting sent to shareholders on 6 March 2017), all of the resolutions tabled thereat were passed by the requisite majority of shareholders.
17-Mar-2017
(Official Notice)
The company announced that the JSE Ltd. (?JSE?) has approved the transfer of its listing from the JSE?s Alternative Exchange to the JSE?s Main Board with effect from Wednesday, 29 March 2017 (?the transfer?). The transfer will not affect the company?s current listing on the Stock Exchange of Mauritius Ltd. (?SEM?).



Following the transfer, Greenbay will have primary listings on both the SEM and the JSE and the company will be listed in the ?Real Estate ? Real Estate Holdings and Development? sector of the Main Board of the JSE, sector number 8633.

* Effective date of the transfer : Wednesday, 29 March

* Greenbay shares to start trading on the Main Board of the JSE : Wednesday, 29 March
16-Mar-2017
(Official Notice)
Shareholders are advised that Greenbay has closed its bookbuild announced earlier today, 16 March 2017. The amount of capital raised was approximately ZAR2 billion (equivalent to approximately GBP127 million) through the placing of 1 324 503 311 new shares at a price of R1.51 per share on the South African register and GBP0.095 on the Mauritian register (the ?new Greenbay shares?).



Subject to approval by the JSE and the Stock Exchange of Mauritius Ltd (?SEM?), listing and trading of the new Greenbay shares on the JSE and SEM is expected to commence at the opening of trade on Monday, 27 March 2017. Investors will have their CSDP and CDS accounts credited with the new Greenbay shares on Monday, 27 March 2017. Following the issue of the new Greenbay shares, the Company will have a total of 6 302 299 068 shares in issue.
16-Mar-2017
(Official Notice)
In light of substantial demand for its shares in response to the announcement released today of an equity raising through the issue of new ordinary shares (the ?equity raise?), Greenbay confirms that it will increase the amount of the equity raise from R650 million (equivalent to approximately GBP40.5 million) to R2 billion (equivalent to approximately GBP127 million).



The equity raise is being offered to qualifying investors through an accelerated book build process (the ?book build?), which will close at 13h30 South African time (15h30 Mauritian time) on Thursday, 16 March 2017.

16-Mar-2017
(Official Notice)
Greenbay announced an equity raising of approximately ZAR650 million (equivalent to approximately GBP40.5 million) through the issue of new ordinary shares (the ?equity raise?). The equity raise is subject to the requirements of the company?s Constitution, the Listings Requirements of the JSE Ltd. (?JSE?) and the Listing Rules of the Stock Exchange of Mauritius Ltd (?SEM?). The equity raise is subject to pricing acceptable to Greenbay.



The equity raise will be offered to qualifying investors through an accelerated book build process (the ?book build?) conducted on the JSE and SEM, and preference will be given to existing investors. Investors may elect to subscribe for ordinary shares on the South African register in ZAR or elect to subscribe for ordinary shares on the Mauritian register in GBP.



The new shares, when issued, will be credited as fully paid and will rank pari passu in all respects with the existing shares.



The proceeds from the equity raise will be invested in line with Greenbay?s investment policy.



The book build is now open and the company reserves the right to increase the size of the equity raise and close it at any time. Pricing and allocations will be announced as soon as practicable following the closing of the book build.



Java Capital is acting as sole bookrunner.
16-Mar-2017
(Official Notice)
06-Mar-2017
(Official Notice)
Shareholders are advised that the Company?s integrated report, incorporating the audited financial statements for the year ended 30 September 2016, was published on 6 March 2017, and contains no changes from the summarised audited consolidated financial statements for the year ended 30 September 2016, which were published on the website of the Stock Exchange of Mauritius Ltd. (?SEM?) and on Stock Exchange News Service of the JSE on 11 November 2016. A copy of Greenbay?s integrated report is available on the Company?s website: www.greenbayprop.mu.



The integrated report contains, inter alia, a notice of annual general meeting for Greenbay shareholders, which will be held at the Company?s registered office, being c/o Intercontinental Trust Ltd., Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius, on Friday, 31 March 2017 at 10h00 Mauritian time (08h00 South African time). The record date to be recorded in the register in order to be entitled to vote at the annual general meeting on Friday, 24 March 2017.
10-Feb-2017
(C)
Rental revenue for the quarter soared to GBP1.0 million (2015: GBP20 630) whilst operating loss widened to GBP3.7 million (2015: operating loss of GBP238 022), Loss for the period attributable to equity holders of the company worsened to GBP3.6 million (2015: loss GBP247 200). Headline loss per share narrowed to GBP0.07 pence per share (2015: headline loss of GBP1.30 pence per share).



Dividend

The board has not declared a dividend for the quarter ended December 2016. The company's policy is to consider and declare dividends on a semi-annual basis in March and September.



Outlook

The board remains confident that the company will achieve distributable income of approximately GBP0.40 pence per share for the year ended September 2017.



The aforegoing forecast statement, and the forecasts underlying such statement, are the responsibility of the board and have not been reviewed or reported on by the company's external auditors. The forecast is based on the assumptions that a stable global macro-economic environment will prevail and no failures of listed REITs or infrastructure companies, in which Greenbay is invested, will occur.



Further cautionary announcement

Shareholders are referred to the company's cautionary announcement released on the website of the SEM and Stock Exchange News Services of the JSE on 9 January 2017 and are advised that Greenbay continues its negotiations to acquire potentially material retail properties in Europe. Accordingly, shareholders should continue to exercise caution in dealing in Greenbay securities.

10-Feb-2017
(Official Notice)
The board of directors (?Board?) of the company informs the shareholders of Greenbay and the general public that the condensed unaudited consolidated financial statements for the quarter ended 31 December 2016 have been published and can be viewed on Greenbay?s website (www.greenbayprop.mu).





09-Jan-2017
(Official Notice)
Shareholders are referred to the company?s cautionary announcement released on the website of the Stock Exchange of Mauritius Ltd. (?SEM?) and Stock Exchange News Services of the JSE Ltd. (?JSE?) on 22 November 2016 and are advised that Greenbay continues to progress its negotiations to acquire potentially material retail properties, in Europe. Accordingly, shareholders should continue to exercise caution in dealing in Greenbay securities.
05-Dec-2016
(Official Notice)
22-Nov-2016
(Official Notice)
Shareholders are advised that Greenbay has entered into negotiations regarding potential material retail property acquisitions in Europe which, if successfully concluded, may have a material effect on the price of the company?s securities. Shareholders are accordingly advised to exercise caution when dealing in the company?s securities until a further announcement is made.



18-Nov-2016
(Official Notice)
Greenbay shareholders are referred to the maiden dividend declaration and the notice to shareholders announced on Friday, 11 November 2016 and are advised that shareholders on the South African share register will receive their cash dividend in South African Rands, converted from GBP at an exchange rate of GBP1.00:ZAR17.7616. Accordingly, the cash dividend of 0.0999 GBP pence per share will be equal to 1.77438 ZAR cents per share.



Shareholders who elect to receive the scrip dividend instead of the cash dividend will be entitled to 1.2153 new Greenbay shares for every 100 Greenbay shares held on the record date, being Friday, 2 December 2016 at an issue price of GBP0.0822 per share for shareholders on the Mauritian share register and ZAR1.46 per share on the South African share register.



The allocation of new Greenbay shares will be such that shareholders who elect to receive the scrip dividend will not be allocated a fraction of a new Greenbay share and as such any entitlement to receive a fraction of a new Greenbay share which:

- is less than one-half of a new Greenbay share, will be rounded down to the nearest whole number; and

- is equal to or greater than one-half of a new Greenbay share but less than a whole new Greenbay share, will be rounded up to the nearest whole number.



The information provided in this paragraph is only of direct application to shareholders on the South African share register. The gross local dividend amount is 1.77438 ZAR cents per share for shareholders exempt from paying South African dividends tax. The net local dividend amount is 1.50822 ZAR cents per share for shareholders liable to pay dividends tax at the rate of 15% (currently in place as at the date of this announcement).



The salient dates and times announced on Friday, 11 November 2016 remain unchanged.



Should all shareholders elect to receive the scrip dividend, the maximum total number of new Greenbay shares to be issued would be approximately 59,804,288. If all shareholders were to receive the cash dividend, the total value of the cash dividend would be GBP4,915,912.
11-Nov-2016
(Official Notice)
11-Nov-2016
(Official Notice)
The board of directors of the Company wishes to inform the shareholders of Greenbay and the general public that the summarised audited consolidated financial statements for the year ended 30 September 2016 have been published and can be viewed on Greenbay?s website (www.greenbayprop.mu).

11-Nov-2016
(C)
Greenbay released its maiden final results for the year ended September 2016 therefore there are no comparatives. Net rental and related revenue came in at GBP359 449. Operating profit was recorded at GBP34.1 million. Profit for the period was at

GBP34.4 million. Furthermore, headline earnings per share were GBP3.19 pence per share.



Dividend

The company's portfolio performed in line with guidance provided in the June 2016 quarterly results and the board has declared a cash dividend of GBP0.0999 pence per share as Greenbay's maiden distribution. This distribution represents a 6,1% annualised yield on the capital raised on 8 June 2016.



Subject to final regulatory approvals, shareholders will be given the option to receive their dividend either in cash or as a scrip dividend. A circular containing details of this election, accompanied by announcements on the Stock Exchange News Service of the JSE as well as the website of the SEM, will be issued in due course.



Outlook

Greenbay intends transferring its listing to the main board of the JSE and is also exploring a listing on a major stock exchange in Europe. At the upcoming annual general meeting shareholders will be requested to vote on changing Greenbay's reporting and trading currency to Euro to more accurately align the financial reporting with the group's asset base.



The board forecasts dividends of approximately 0,40 GBP pence for the year to September 2017 based on the assumption of 25% gearing and no direct property acquisitions. This forecast and the assumptions on which it is based is the responsibility of the board and have not been reviewed or reported on by the company's external auditors. The forecast assumes that a stable global macro-economic environment will prevail and that no failures of listed REITs or infrastructure companies, in which Greenbay is invested, will occur.



27-Sep-2016
(Official Notice)
Shareholders are advised that Karen Bodenstein has been appointed as an independent non-executive director to the board of Greenbay (?the Board?) and chairperson of the audit and risk committees with effect from 27 September 2016.



It is further advised that Jose Jorge Goncalves da Costa has resigned from the board effective from 27 September 2016.

21-Sep-2016
(Official Notice)
Shareholders are advised that Greenbay has closed its bookbuild announced earlier today. In light of strong demand, the amount of capital raised was increased to approximately ZAR2.25 billion through the placing of 1 562 500 000 new shares at a price of R1.44 per share on the South African register and GBP0.079 on the Mauritian register (the ?new Greenbay shares?).



Subject to approval by the JSE and the Stock Exchange of Mauritius Ltd. (?SEM?) listing and trading of the new Greenbay shares on the JSE and SEM is expected to commence at the opening of trade on Thursday, 29 September 2016. Investors will have their CSDP and CDS accounts credited with the new Greenbay shares on Thursday, 29 September 2016.



Following the issue of the new Greenbay shares, the Company will have a total of 4 920 833 333 shares in issue.

21-Sep-2016
(Official Notice)
Greenbay announces an equity raising of approximately ZAR1.75 billion (equivalent to approximately GBP97 million) through the issue of new ordinary shares (the ?equity raise?). The equity raise is subject to the requirements of the Company?s Constitution, the Listings Requirements of the JSE Limited (?JSE?) and the Listing Rules of the Stock Exchange of Mauritius Ltd (?SEM?). The equity raise is subject to pricing acceptable to Greenbay.



The equity raise will be offered to qualifying investors through an accelerated book build process (the ?book build?) conducted on the JSE and SEM, and preference will be given to existing investors. Investors may elect to subscribe for ordinary shares on the South African register in ZAR or elect to subscribe for ordinary shares on the Mauritian register in GBP.



The new shares, when issued, will be credited as fully paid and will rank pari passu in all respects with the existing shares.



The proceeds from the equity raise will be invested in line with Greenbay?s investment policy. Greenbay is currently in negotiations to acquire three retail centres with a total value exceeding EUR150 million.



Following the publication of the company?s year-end result in November 2016, the company intends applying to transfer its listing to the Main Board of the JSE in the Real Estate Holding - Development subsector.



The book build is now open and the company reserves the right to increase the size of the equity raise and close it at any time. Pricing and allocations will be announced as soon as practicable following the closing of the book build.

12-Aug-2016
(C)
Greenbay released its maiden results for the three months ended June therefore there are no comparatives. Net rental and related revenue came in at GBP19 583. Operating profit was recorded at GBP17.6 million. Profit for the period was GBP17.8 million. Furhtemore, headline earnings per share were GBP2.06 pence per share.



Dividend

The board has not declared a dividend for the quarter ended June 2016. The company will consider and declare dividends on a semi-annual basis in March and September.



Outlook

Funds from the private placement were received close to the end of the quarter on 8 June 2016. From this date to 30 September 2016 the board is confident that the company will achieve distributable income of between GBP0.08 pence and GBP0.10 pence per share. The aforegoing forecast statement and the forecasts underlying such statement are the responsibility of the board and have not been reviewed or reported on by the company?s external auditors. The forecast is based on the assumptions that a stable global macro-economic environment will prevail and no failures of listed REITs or infrastructure companies will occur.



12-Aug-2016
(Official Notice)
The board of directors (the ?Board?) of the company informs the shareholders of Greenbay and the general public that the condensed unaudited consolidated financial statements of the company for the three and nine months ended 30 June 2016 have been published and can be viewed on Greenbay?s website (www.greenbayprop.mu).



28-Jul-2016
(Official Notice)
Shareholders are advised that on 27 July 2016, Greenbay concluded an agreement with Tivoli Projekt d.o.o. to acquire 9 932m2 of development land, situated in Ljubljana, Slovenia (?the land?). The land is zoned to be developed into a multi-purpose development comprising 127 premium apartments, 3 257m2 of high street retail and 3 864m2 of A grade offices.



Ljubljana is the capital and largest city in Slovenia. It is the political, cultural, economic, administrative and scientific centre of the country. Ljubljana has a population of 286 307 people and covers an area of 275km2. It is classified as a medium-sized European city. The land is located on a busy intersection 500 meters from the centre of Ljubljana and 800 meters from the Ljubljana railway station. The site overlooks Tivoli Park and is adjacent to a number of foreign embassies in the political and cultural hub of Ljubljana.



The acquisition agreement is subject to outstanding conditions precedent that are typical for a transaction of this nature and reflects an aggregate purchase price of approximately EUR15.4 million, which will be settled from Greenbay?s existing cash resources. The completed development cost will be approximately EUR70.0 million and the minimum expected internal rate of return of the development is 15%. Construction is scheduled to commence during September 2016.



The acquisition of the land is undertaken in the ordinary course of business of Greenbay and therefore does not fall under the scope of Chapter 13 of the SEM Listing Rules. The Company has a primary listing on the SEM and a secondary listing on the AltX of the JSE.
04-Jul-2016
(Official Notice)
Shareholders are advised that on 1 July 2016, Greenbay concluded an agreement with Tu? Real Estate d.o.o. to acquire the Planet Tu? shopping centre (?Planet Tu??), situated in Koper, Slovenia. The shopping centre, with a gross lettable area (?GLA?) of 31 625m2, opened for trading in 2010.



Koper is a major port town in the coastal area of Slovenia and Planet Tu? has a catchment of 577 000 inhabitants reaching from Trieste in northern Italy to Pula in Croatia. Koper benefits from well-developed infrastructure and a large and active commercial port and is a popular tourist destination.



Planet Tu? has the highest footfall in the region with an annual footfall of over 3.5 million. It is located close to the Koper city centre with excellent public transport connectivity.



Planet Tu? is tenanted by various retailers including: Tu?, Cineplexx, Zara, C-A, H-M, Berschka, CCC, New Yorker, Hervis, Deichmann and Takko. Management believes that the tenant profile can be further strengthened which will enhance the mall?s dominance and enable it to grow its income into the future.



The acquisition agreement is subject to regulatory approvals and reflects an aggregate purchase price of approximately EUR56 million at an acquisition yield of 8%, to be settled from Greenbay?s existing cash resources.



The acquisition of Planet Tu? is undertaken in the ordinary course of business of Greenbay and therefore does not fall under the scope of Chapter 13 of the SEM Listing Rules.



Greenbay has its primary listing on the Stock Exchange of Mauritius and a secondary listing on the Alternative Exchange of the Johannesburg Stock Exchange.
29-Jun-2016
(Official Notice)
Shareholders are advised that, Mr Mark Cyril Olivier has been appointed as an independent non-executive director to the board of Greenbay (?Board?) and Chairman of the audit committee with effect from 28 June 2016. It is further advised that Mrs Marie Sarah-Jane Karene Figaro has resigned from the Board effective from 28 June 2016.
01-Jun-2016
(Official Notice)
With reference to the Greenbay bookbuild announced yesterday, Greenbay announced it has raised ZAR4 billion through the placing of 3 333 333 333 new shares at a price of R1.20 per share on the South African register and GBP0.052 on the Mauritian register (the ?new Greenbay shares?).



Subject to approval by the JSE and the SEM, listing and trading of the new Greenbay shares on the JSE and SEM is expected to commence at the opening of trade on Wednesday, 8 June 2016. Investors will have their CSDP and CDS accounts credited with the new Greenbay shares on Wednesday, 8 June 2016.



Following the issue of the new Greenbay shares, the Company will have a total of 3 358 333 333 shares in issue.



Greenbay intends utilising the proceeds of the placement for investments in global listed real estate and infrastructure securities and for the possible acquisition of real estate in Central Europe. The utilisation of the proceeds of the private placement will be in line with Greenbay?s investment strategy.



Java Capital acted as sole bookrunner.
01-Jun-2016
(Official Notice)
In light of substantial demand for its shares in response to the announcement released on 31 May 2016 of an equity raising through the issue of new ordinary shares (the ?equity raise?), Greenbay confirms that it will increase the amount of the equity raise from R2.5 billion to R4 billion. The equity raise is being offered to qualifying investors through an accelerated book build process (the ?book build?), which will close at 10:00 South African time (12:00 Mauritian time) on 1 June 2016. Java Capital is acting as sole bookrunner.
31-May-2016
(Official Notice)
The Board of Directors of Greenbay (the ?Board?), which has its primary listing on the Official Market of the Stock Exchange of Mauritius Ltd (?SEM?) and a secondary listing on the Alternative Exchange of the JSE Limited (?AltX?), is pleased to announce that the Listing Executive Committee of the SEM has approved the first Supplement to the Listing Particulars of the Company on 20 May 2016 (the ?Supplement?) giving the Company authority to issue up to 1 868 750 000 additional ordinary shares of the Company, at an offer price that shall be determined by the Board at the time any such offer, issue or placement is announced.



Further to the Supplement, on 30 May 2016 the SEM has also approved that the Company may issue and list up to 1 868 750 000 additional ordinary shares of the Company, such that Greenbay now has the authority to issue and list up to a total of 3 737 500 000 ordinary shares, at an offer price that shall be determined by the Board at the time any such offer, issue or placement is announced. For a full appreciation of the Company, the Supplement relating to this further issue of shares and the Listing Particulars of the Company, should be read in their entirety.



Adoption of new constitution

The Board is further pleased to announce that the Company has adopted a new Constitution as approved by the shareholders and the SEM (the ?new Constitution?). Copies of the Supplement to the Listing Particulars and the new Constitution of the Company, have been made available for inspection for at least 10 business days during normal office hours (from 9 a.m. to 5 p.m. Mauritian time) at the registered office of the Company, which is situated at Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius as from 1 June 2016.
31-May-2016
(Official Notice)
Greenbay announced an equity raising of approximately ZAR2.5 billion (equivalent to approximately GBP107 million) through the issue of new ordinary shares (the ?equity raise?). The equity raise is subject to the requirements of the company?s Constitution, the Listings Requirements of the JSE Ltd. (?JSE?) and the Listing Rules of the Stock Exchange of Mauritius Ltd. (?SEM?). The equity raise is subject to pricing acceptable to Greenbay.



The equity raise will be offered to qualifying investors through an accelerated book build process (the ?book build?) conducted on the JSE and SEM. Investors may elect to subscribe for ordinary shares on the South African register in ZAR or elect to subscribe for ordinary shares on the Mauritian register in GBP.



The new shares, when issued, will be credited as fully paid and will rank pari passu in all respects with the existing shares.



Greenbay intends utilizing the proceeds of the placement for investments in global listed real estate and infrastructure securities and for the possible acquisition of real estate in Central Europe.



The book build is now open and the company reserves the right to increase the size of the equity raise and close it at any time. Pricing and allocations will be announced as soon as practicable following the closing of the book build.



Java Capital is acting as sole bookrunner.
12-May-2016
(Official Notice)
The board of directors of the company informed the shareholders of Greenbay and the general public that the summarised unaudited consolidated interim financial statements of the company for the three and six months ended 31 March 2016 have been published and can be viewed on Greenbay?s website (www.greenbayprop.mu).
12-May-2016
(C)
The following results are the company's maiden interim results. Net rental and related revenue came in at GBP41 238 whilst operating loss was GBP338 432. A loss for the period of GBP356 451 was recorded. In addition, headline loss per share was GBP1.62 pence per share.



Dividend

The board has not declared any dividend for the six months ended 31 March 2016.



Outlook

The board expects macro-economic uncertainty to continue in a low growth environment. There will be no dividend payable for the six months ended 31 March 2016.The company continues to explore opportunities in the listed sector and in direct property that are both value accretive and that will enhance future distributions.
03-May-2016
(Official Notice)
The Board of Directors of Greenbay, which is listed on the Official Market of the Stock Exchange of Mauritius Ltd. (?SEM?) and the Alternative Exchange of the JSE Ltd. (?AltX?), is pleased to announce that the Listing Executive Committee of the SEM has approved, on 3 May 2016, the issue and listing of up to 7 475 000 000 additional ordinary shares of the Company at an offer price that shall be determined by the Directors of the Company at the time any such offer, issue or placement is announced.



The Company?s strategy, as detailed in the Listing Particulars dated 3 May 2016, is to invest in global real estate assets and listed companies, predominantly in the retail sector. The proceeds raised through the issue of additional Greenbay shares will be invested in accordance with the Company?s strategy and investment policy, as and when investment opportunities arise.



As required by the Listing Rules of the SEM, the Listing Particulars of the Company, will be made available for inspection for at least 10 business days, during normal office hours (from 9 a.m. to 5 p.m. Mauritian time) at the registered office of the Company which is situated at c/o Intercontinental Trust Limited, Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius from 3 May 2016. The Listing Particulars will also be available on the Company?s website: www.greenbayprop.mu.
01-Apr-2016
(Permanent)
Green Flash Properties Ltd. renamed to Greenbay Properties Ltd. on 4 April 2016.
31-Mar-2016
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on Thursday, 31 March 2016 (in terms of the notice of annual general meeting sent to shareholders on 14 March 2016), all of the resolutions tabled thereat were passed by the requisite majority of shareholders.



Details of the results of voting at the annual general meeting are as follows:

*total number of shares that could have been voted at the annual general meeting: 25 000 000

*total number of shares that were present/represented at the annual general meeting: 24 572 154 being 98.29% of total number of shares that could have been voted at the annual general meeting



31-Mar-2016
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on Thursday, 31 March 2015 (in terms of the notice of annual general meeting sent to shareholders on 14 March 2016), all of the resolutions tabled thereat were passed by the requisite majority of shareholders.
23-Mar-2016
(Official Notice)
Shareholders are referred to the announcement released on 17 March 2016 wherein shareholders were advised that the company had changed its name from Green Flash Properties Ltd to Greenbay Properties Ltd and are advised that the salient dates and times in respect of the change of name on the JSE are as follows:

*Last day to trade in existing shares on the JSE prior to the change of name Friday: 1 April 2016

*Trading in the new name of Greenbay Properties Ltd on JSE under the JSE share code ?GRP?, the SEM share code ?GFP.N0000? and ISIN: MU0461N00007 commences on: Monday, 4 April 2016

*Change of name record date: Friday, 8 April 2016

*Date of issue of new replacement share certificates (if any), provided that the old share certificates have been lodged by 12:00 on Friday, 1April 2016, on or about (share certificates received after this time will be posted within 5 business days of receipt) : *Monday, 11 April 2016 CSDP and broker accounts of dematerialised shareholders to be updated on: Monday, 11 April 2016



Notes:

*The above dates and times are local times in South Africa.

*Share certificates in the name of Green Flash Properties Ltd may not be dematerialised or rematerialised after Friday, 1 April 2016.



The company has a primary listing on the SEM and a secondary listing on the AltX of the JSE.



17-Mar-2016
(Official Notice)
Shareholders and the general public are hereby advised that the company has changed its name from Green Flash Properties Ltd. to Greenbay Properties Ltd. The change of name is effective immediately on the SEM while the salient dates and times in respect of the effective date of the change of name on the JSE will be published in due course.



Change of reporting currency, functional currency and trading currency

The Board of Directors also wishes to inform its shareholders and the public in general of the following:

* The company has changed its reporting currency from Euro (?EUR?) to pounds sterling (?GBP?) as approved by the Registrar of Companies effective as from 16 March 2016.

* The company has changed the denomination of its share capital from EUR to GBP under section 50(4) of the Companies Act 2001, as approved by the Registrar of Companies effective as from 16 March 2016.

* The company will be changing the trading currency of its shares listed on SEM from EUR to GBP and the shares of the company will be listed and traded on SEM in GBP effective as from 21 March 2016.



Change of SEM sponsor and authorised representative

The Board further wishes to inform the shareholders and the general public that the company has terminated their SEM Authorised Representative and Sponsor service arrangement with LCF Securities Ltd. and has appointed Capital Markets Brokers Ltd. as Sponsor in relation to its listing on the official market of the SEM. Intercontinental Trust Limited has been appointed as SEM authorised representative.



Change of South African transfer secretary

Shareholders are further advised that Link Market Services South Africa (Pty) Ltd. (?Link Market Services?) will replace Computershare Investor Services (Pty) Ltd. as transfer secretary in South Africa to the company, with effect from 31 March 2016.



The contact details of Link Market Services are as follows:



Physical address: Link Market Services, 13th Floor, Rennie House, 19 Ameshoff Street, Braamfontein, 2001

Postal address: PO Box 4844, Johannesburg, 2000

Telephone number: +27 (0) 861 546572

email: grante@linkmarketservices.co.za
14-Mar-2016
(Official Notice)
Notice is hereby given that the Annual General Meeting of Green Flash shareholders will be held at the company?s registered office, being at c/o Intercontinental Trust Limited, Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius on Thursday, 31 March 2016 at 11h00 Mauritian time (09h00 South African time) to transact the business as stated in the Notice of Annual General Meeting.



The salient dates and times in relation to the Annual General Meeting are set out in the table below:

*Distribution of Annual Financial Statements and Notice of Annual General Meeting -- 14 March 2016

*Record date to be recorded in the register in order to be entitled to vote at the Annual General Meeting -- 24 March 2016

*Last day to lodge forms of proxy for the Annual General Meeting by 11h00 Mauritian time (09h00 South African time) -- 30 March 2016

*Annual General Meeting at 11h00 Mauritian time (09h00 South African time) -- 31 March 2016



Shareholders are advised that the company?s audited financial statements for the period from 14 August 2014 (date of incorporation) to 30 September 2015, has been distributed to shareholders today, 14 March 2016. Copy of the Notice of Annual General Meeting and Audited Financial Statement is available on the SEM website.



Copies of the annual financial statements for the period ended 30 September 2015, are available free of charge to the public at the registered office of the company: c/o Intercontinental Trust Ltd., Level 3, Alexander House, 35 Cybercity, Eene 72201, Mauritius.



The above dates and times are subject to change. Any changes will be communicated to shareholders and the public in general through publications released on the SEM website and SENS.
14-Mar-2016
(Official Notice)
Shareholders are advised that, with effect from 11 March 2016, Mr Paul Simon May who is a citizen of United Kingdom of Great Britain and Northern Ireland, has been appointed as Financial Director of Green Flash and Mr Ronnie Porter who is a resident in United Kingdom of Great Britain and Northern Ireland, has been appointed as independent non-executive director of Green Flash.
01-Mar-2016
(Official Notice)
16-Feb-2016
(C)
Green Flash released its maiden results therefore there are no comparative figures. Revenue for the quarter came in at EUR63.5 thousand and operating loss was recorded at EUR327.4 thousand. Total comprehensive loss for the period was EUR358 thousand. Furthermore, headline loss per share was EUR0.02 cents per share.



Dividend

No dividend has been declared for the period under review.





11-Feb-2016
(Official Notice)
Shareholders are advised that, as at 9 February 2016, Mr Peter Todd has resigned from the board. Shareholders are advised that, as at 9 February 2016, the following directors have been appointed to the board:

* Mr Paul Pretorius, a resident of Mauritius, has been appointed as a non-executive director; and

* Mr Jorge da Costa has been appointed as an independent non-executive director.

01-Jun-2017
(X)
Greenbay's shares are listed on the Official List of the Stock Exchange of Mauritius ("SEM") (a member of the World Federation of Exchanges), which constitutes its primary listing. The primary objective of the company is to invest opportunistically in undervalued real estate assets to provide investors with exposure to high yielding property assets.


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