To view the PDF file, sign up for a MySharenet subscription.

GROWTHPOINT PROPERTIES LIMITED - Results of Distribution Re-Investment Alternative

Release Date: 25/09/2012 15:10
Code(s): GRT     PDF:  
Wrap Text
Results of Distribution Re-Investment Alternative

Growthpoint Properties Limited
(Incorporated in the Republic of South Africa)
(Registration number 1987/004988/06)
Linked unit code: GRT ISIN ZAE000037669
(“Growthpoint”)


RESULTS OF DISTRIBUTION RE-INVESTMENT ALTERNATIVE



Linked unitholders are referred to the announcements released on the Securities Exchange News
Service ("SENS") on 29 August 2012 and 7 September 2012 relating to the declaration and finalisation
of the final cash distribution of 71.2 cents (“Cash Distribution”) per Growthpoint linked unit and
distribution re-investment alternative (“Linked Unit Alternative”).

Linked unitholders holding 861 065 167 Growthpoint linked units or 49.4% of Growthpoint linked units
qualifying to receive the distribution elected to receive the Linked Unit Alternative, resulting in the issue
of 24 522 641 new units, retaining R613.1 million (based on the discounted issue price of R25.00 for the
new linked units) in new equity for Growthpoint. Accordingly, a Cash Distribution of R628.0 million is
payable today in respect of 882 015 751 Growthpoint linked units. Distribution cheques in respect of
certificated unitholders who elected to receive the Cash Distribution and unit certificates in respect of
certificated unitholders who elected the Linked Unit Alternative were posted today to certificated linked
unitholders at their risk. The Central Securities Depository Participants or broker custody accounts of
dematerialized linked unit holders will be credited tomorrow with their new linked units, in line with the
adjusted settlement dates as indicated in the aforementioned SENS announcements.

25 September 2012



 Financial adviser and sponsor to Growthpoint
 Investec Corporate Finance

Date: 25/09/2012 03:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story