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AFRICAN LAND INVESTMENTS LIMITED - Changes to dates and times of the African Land listing and private placement

Release Date: 06/11/2013 17:17
Code(s): ALI     PDF:  
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Changes to dates and times of the African Land listing and private placement

African Land Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 2013/068973/06)
JSE share code: ALI
ISIN: ZAE000178885
(Approved as a REIT by the JSE)
(“African Land” or “the company” or “Afland”)


CHANGES TO DATES AND TIMES OF THE AFRICAN LAND LISTING AND PRIVATE PLACEMENT


1.       Introduction

         African Land shareholders and invited investors are referred to the abridged prospectus and salient dates announcement
         released on SENS on 31 October 2013 providing details on the proposed African Land listings and private placement.

         Certain strategic investors have expressed a desire to acquire a significant stake in African Land through the private placement.
         To accommodate this, the offer period is being extended and the date of the JSE listing postponed. The postponement of the
         JSE listing date will result in the date of the primary listing on the JSE coinciding with the anticipated date of the secondary
         listing of African Land on the Lusaka Stock Exchange.

         A further announcement will be published before the closing date of the offer providing information on the strategic investors.


2.       Revised dates and times of the offer and other salient dates

                                                                                                                                  2013
          Opening date of the LuSE offer under the Zambian private placement (09:00)                              Monday, 18 November
          Closing date of the JSE offer under the South African private placement (12:00)                          Friday, 22 November
          Closing date of the LuSE offer under the Zambian private placement (12:00)                               Friday, 22 November
          Notification of allotments to subscribing invited investors in terms of the South African and           Monday, 25 November
          Zambian private placements
          Results of South African and Zambian private placements released on SENS and on the                     Tuesday, 26 November
          website of the LuSE
          Results of the South African and Zambian private placement published in the press                    Wednesday, 27 November
          Listing of shares and the commencement of trading on the JSE (09:00)                                    Friday, 29 November
          Listing of shares and the commencement of trading on the LuSE (expected to be 11:00)                    Friday, 29 November
          Accounts at CSDP or broker updated and debited in respect of JSE dematerialised                         Friday, 29 November
          shareholders
          Accounts at CSD custodian or broker updated and debited in respect of LuSE dematerialised                 Friday, 29 November
          shareholders

         The above dates and times are South African dates and times and are subject to amendment. Any such amendment will be
         released on SENS and published in the press and published on the website of the LuSE.

6 November 2013

     Corporate advisor, sole bookrunner       Independent reporting accountants and         SA and international attorneys and
         in South Africa and joint                          auditors                         advisors as to South African tax
      bookrunner in Zambia and JSE
                 sponsor




        Independent JSE transaction            Zambian attorneys and advisors as to             Independent property valuer
                 sponsor                                  Zambian tax




     LuSE sponsoring broker and joint
         bookrunner in Zambia

Date: 06/11/2013 05:17:00 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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