FAIRVEST PROPERTY HOLDINGS LIMITED - Results Of Dividend Reinvestment Alternative

Results Of Dividend Reinvestment Alternative

FAIRVEST PROPERTY HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/005011/06)
Share code: FVT ISIN: ZAE 000203808
(Approved as a REIT by the JSE)
(“Fairvest”)

                          RESULTS OF DIVIDEND REINVESTMENT ALTERNATIVE

Shareholders are referred to the announcements released by Fairvest on the JSE’s Stock Exchange News Service
(“SENS”) on 2 March 2017 and 31 March 2017 relating to the declaration of a final gross distribution of 8.953
cents per Fairvest share for the six-month period ended 31 December 2016 (“Cash Dividend”) and the finalisation
of the dividend reinvestment alternative (“Reinvestment Alternative”).

Shareholders holding 199 129 210 Fairvest shares, representing 25.5% of Fairvest shares in issue and qualifying to
receive the dividend, elected the Reinvestment Alternative, resulting in the issue of 9 825 791 new ordinary
Fairvest shares of no par value and the retention of R17.82 million of new equity by Fairvest (based on the issue
price of R1.81322 per new share). Accordingly, an aggregate Cash Dividend of R52.01 million is payable in respect
of the remaining 580 881 311 Fairvest shares in issue.

Electronic payment of the Cash Dividend to certificated shareholders will occur today, 18 April 2017, while new
share certificates in respect of certificated shareholders who elected to participate in the Reinvestment
Alternative will be posted to such shareholders on Thursday, 20 April 2017, at their own risk.

The Central Securities Depository Participants (“CSDP”) or broker accounts in respect of dematerialised
shareholders who elected to receive the Cash Dividend will be credited today, 18 April 2017, and the CSDP or
broker accounts in respect of dematerialised shareholders who elected the Reinvestment Alternative will be
credited with their new shares and residual cash payments for fractional entitlements on Thursday, 20 April 2017,
in line with the settlement dates stated in Fairvest’s SENS announcement dated 2 March 2017.

18 April 2017

Cape Town

Sponsor
PSG Capital Proprietary Limited

Date: 18/04/2017 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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