VUNANI PROPERTY INVESTMENT FUND LTD - Results of the Rights Offer

Results of the Rights Offer

VUNANI PROPERTY INVESTMENT FUND LIMITED
Granted REIT status by the JSE
(Incorporated in the Republic of South Africa)
(Registration number 2005/019302/06)
JSE code: VPF
ISIN: ZAE000157459
 (“VPIF” or “the company”)

RESULTS OF THE RIGHTS OFFER

VPIF announces the results of the rights offer of a maximum of 48 503 939 new linked units
in the ratio of 40,21283 new linked units for every 100 linked units held on the record date
at a subscription price of 987,33 cents per new linked unit (“rights units”). In terms of the
rights offer:

•      unitholders and their renouncees applied for 46 774 581 new linked units (96.4% of
       the rights units); and
•      1 729 358 new units (3.6% of the rights units) were allotted to the underwriter,
       Handful of Keys Proprietary Limited

resulting in the issued unit capital of the company increasing by 48 503 939 linked unit to
169 122 019 linked units.



Sandton
26 August 2013

Corporate Adviser
Vunani Corporate Finance

Sponsor
Grindrod Bank Limited

Investment Bank
Investec Bank Limited

Date: 26/08/2013 08:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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