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GROWTHPOINT PROPERTIES LIMITED - Results of Distribution Re-Investment Alternative

Release Date: 23/09/2013 11:07
Code(s): GRT     PDF:  
Wrap Text
Results of Distribution Re-Investment Alternative

Growthpoint Properties Limited
REIT status approved
(Incorporated in the Republic of South Africa)
(Registration number 1987/004988/06)
Share code: GRT ISIN ZAE000179420
(“Growthpoint”)


RESULTS OF DISTRIBUTION RE-INVESTMENT ALTERNATIVE



Shareholders are referred to the announcements released on the Stock Exchange News Service ("SENS") on 28
August 2013 and 6 September 2013 relating to the declaration and finalisation of the final cash distribution of
76.30 cents (“Cash Distribution”) per Growthpoint share and the distribution re-investment alternative (“Share
Alternative”).

Shareholders holding 1,280,435,179 Growthpoint shares or 67.7% of Growthpoint shares qualifying to receive
the distribution elected to receive the Share Alternative, resulting in the issue of 44,407,161 new shares, retaining
R977.0 million (based on the discounted issue price of R22.00 for the new shares) in new equity for Growthpoint.
Accordingly, a Cash Distribution of R466.3 million is payable today in respect of 611,123,149 Growthpoint
shares.

Distribution cheques in respect of certificated shareholders who elected to receive the Cash Distribution and
share certificates in respect of certificated shareholders who elected the Share Alternative were posted today to
certificated shareholders at their risk. The Central Securities Depository Participants or broker custody accounts
of dematerialised shareholders will be credited on Wednesday, 25 September 2013 with their new shares, in line
with the adjusted settlement dates as indicated in the aforementioned SENS announcements.


23 September 2013
Johannesburg


 Sponsor and Investment Bank to Growthpoint
 Investec Bank Limited

Date: 23/09/2013 11:07:00 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.

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