SAFARI INVESTMENTS (RSA) LIMITED - Results For The Cash Distribution With The Election To Reinvest And Dealings In Securities

Results For The Cash Distribution With The Election To Reinvest And Dealings In Securities

SAFARI INVESTMENTS RSA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/015002/06)
Approved as a REIT by the JSE Limited
Share code: SAR ISIN: ZAE000188280
(“Safari” or “the Company”)

RESULTS FOR THE CASH DISTRIBUTION WITH THE ELECTION TO REINVEST AND DEALINGS IN SECURITIES

A)     RESULTS

Shareholders are referred to the SENS announcement dated 31 May 2016, whereby
shareholders were advised that Safari had declared a gross cash distribution of 32 cents per
share with the election to reinvest the cash distribution in return for Safari shares in the ratio of
4.00 new Safari shares for every 100 Safari shares held (“Share Alternative”).

Shareholders are hereby advised that the closing date for the Share Alternative was Friday, 24
June 2016. Accordingly, the table below sets out the results of the distribution and the number
of shareholders who have elected to receive the Share Alternative:

                                   Number of Safari shares held      Number of new Safari shares
                                       by shareholders                      to be issued
Cash dividend                                      163 651 100                                -
Share Alternative election                          18 531 219                          740 964
Total                                              182 182 319                          740 964

Accordingly, 740 964 new shares in Safari have been issued to shareholders that have elected
to receive the Share Alternative.

Share certificates in respect of the Share Alternative will be posted out to certificated
shareholders on or about Wednesday, 29 June 2016, and EFT payments or cheques in respect
of the cash dividend are in the process of being processed.

The CSDP / broker accounts of shareholders holding dematerialised shares will be credited on
Wednesday, 29 June 2016, according to the elections made for the Share Alternative.

The CSDP / broker accounts of shareholders will be credited today, 27 June 2016 for the cash
dividend elections.

An adjustment to the maximum number of Share Alternative shares listed will be made on or
about Friday, 1 July 2016.

B)     DEALINGS IN SECURITIES

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information is disclosed:

1.
Name of director                       JZ Engelbrecht
Status: Executive/Non-executive        Executive
Company of which I am a director       Safari Investments RSA Limited
Type of securities                     Shares
Class of securities                    Ordinary
Date of transaction                    24 June 2016
Cents per share                        800
Number of securities transacted        1 195
Total rand value of securities         R9 560.00
Nature of transaction                  Acquisition of shares by a director through
                                       the election to reinvest the cash distribution
                                       in Safari ordinary shares
                                       (Off-market transaction)
Nature and extent of interest in the   Direct, beneficial
transaction
Clearance obtained                     Yes

2.
Name of director                       FJJ Marais
Status: Executive/Non-executive        Executive
Company of which I am a director       Safari Investments RSA Limited
Type of securities                     Shares
Class of securities                    Ordinary
Date of transactions                   24 June 2016                                      (1) – (3)
Cents per share                        800                                               (1) – (3)
Number of securities transacted        2 464                                             (1)
                                       256 000                                           (2)
                                       30 735                                            (3)
Total rand value of securities         R19 712.00                                        (1)
                                       R2 048 000.00                                     (2)
                                       R245 880.00                                       (3)
Name of associate                      Safari Retail Proprietary Limited                 (1)
                                       Safarihold Proprietary Limited                    (2)
                                       MDM Architects CC                                 (3)
Relationship with director             The director is a director and a shareholder of   (1)
                                       the associate
                                       The director is a director and a shareholder of   (2)
                                       the associate
                                       The director is a member and a shareholder of     (3)
                                       the associate
Nature of transactions                 Acquisition of shares by an associate of a        (1) – (3)
                                       director through the election to reinvest the cash
                                       distribution in Safari ordinary shares
                                       (Off-market transaction)
Nature and extent of interest in the   Indirect, beneficial
transactions                                                                             (1) - (3)
Clearance Obtained                     Yes

27 June 2016
Pretoria

Sponsor
PSG Capital

Date: 27/06/2016 02:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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