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INVESTEC AUSTRALIA PROPERTY FUND - Announcement regarding secondary listing on the Bermuda Stock Exchange and acquisition of properties

Release Date: 29/10/2013 07:05
Code(s): IAP     PDF:  
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Announcement regarding secondary listing on the Bermuda Stock Exchange and acquisition of properties

INVESTEC AUSTRALIA PROPERTY FUND
Incorporated and registered in Australia in terms of ASIC (ARSN 162 067 736)
Registered in terms of the Collective Investment Schemes Control Act No. 45 of 2003
Share code: IAP
ISIN: AU60INL00018
(“IAPF” or “the Fund”)



Announcement regarding secondary listing on the Bermuda Stock Exchange and acquisition of 
properties


The directors of the responsible entity of IAPF (“Directors”) are pleased to announce that the
units of the Fund have been listed on the Bermuda Stock Exchange as of Monday, 28th October
2013, under the Chapter 6 Section IV, Collective Investment Vehicles, Unit Trusts sector of the
Listing Regulations of the Exchange.


The listing on the Bermuda Stock Exchange is a secondary listing established as part of the
Fund’s inward listing on the Johannesburg Stock Exchange (JSE).


IAPF established a primary listing on the JSE on 23rd October 2013 in the “Real Estate – Real
Estate Holdings and Development” sector of the Main Board. Prior to listing, the Fund raised
capital by way of a private placing of 112,685,000 units at AUD 1.00 each, which units were
listed on the JSE on 24 October 2013. The Fund’s units trade under the abbreviated name:
“IAPF” with JSE share code: IAP and ISIN: AU60INL00018.


In addition, unitholders are referred to the announcement containing IAPF’s abridged pre-listing
statement released on SENS on 30 September 2013 wherein it was detailed that the Fund will
acquire the Punt Road Property and Elizabeth Street Property upon listing. Unitholders are
hereby informed that registration of transfer of these properties has taken place on Friday, 25
October 2013. The Fund’s combined property portfolio now comprises 8 properties with an
independent valuation of AUD 129.9m.


Johannesburg,
28 October 2013


Investment Bank and Sponsor
Investec Corporate Finance

Date: 29/10/2013 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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