RESILIENT REIT LIMITED - Acquisition of shares in Lighthouse

Acquisition of shares in Lighthouse

RESILIENT REIT LIMITED
Incorporated in the Republic of South Africa
Registration number: 2002/016851/06
JSE share code: RES
ISIN: ZAE000209557
Bond company code: BIRPIF
LEI: 378900F37FF47D486C58
(Approved as a REIT by the JSE)
(“Resilient” or “the Company”)


ACQUISITION OF SHARES IN LIGHTHOUSE


Shareholders and noteholders are advised that Resilient participated in the equity raise of Lighthouse Capital Limited
(“Lighthouse” or “LTE”) on 12 August 2021, subscribing for 144 510 258 LTE shares at a price of R8,10 per share,
for an aggregate consideration of R1,171 billion (the “acquisition”). Following the acquisition, Resilient will hold
41,3% of Lighthouse’s shares in issue (prior to the acquisition Resilient held 40,4% of Lighthouse’s shares in issue).

Resilient’s policy is to hold sufficient interest in investments to provide it with significant influence over the companies
in which it is invested. The acquisition is pursuant to this policy.

Additional required information

Lighthouse invests globally in direct property, and in listed real estate and infrastructure securities. Lighthouse has
primary listings on both the Official Market of the Stock Exchange of Mauritius Ltd and the Main Board of the JSE
Limited.

The following profitability metrics are attributable to Lighthouse for the six months ended 30 June 2021, based on
Lighthouse’s condensed unaudited consolidated financial results for the three and six months ended 30 June 2021
(prepared in terms of International Financial Reporting Standards):

                                                                       Euro cents per share
Basic and diluted loss                                                               (4,84)
Headline loss and diluted headline loss                                              (2,37)
Interim distribution                                                                 1,6100
Distributable earnings                                                               1,8095
Net asset value (per management accounts)                                             47,75

Categorisation of acquisition

The acquisition, when aggregated with all acquisitions of LTE shares in the last 12 months, is categorised as a
category 2 transaction in terms of the JSE Listings Requirements, and as such is not subject to shareholder approval.

13 August 2021


Sponsor
Java Capital

Date: 13-08-2021 03:00:00
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