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RESILIENT PROPERTY INCOME FUND LTD - Results of the rights offer

Release Date: 19/05/2014 10:27
Code(s): RES     PDF:  
Wrap Text
Results of the rights offer

RESILIENT PROPERTY INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/016851/06)
JSE share code: RES ISIN: ZAE000043642
(Approved as a REIT by the JSE)
(“Resilient” or “the company”)


RESULTS OF THE RIGHTS OFFER


Linked unitholders are referred to the circular (the “circular”) that was posted on Friday, 25 April 2014 containing
details of the rights offer to Resilient linked unitholders of a total of 19 230 769 Resilient linked units (“rights offer
linked units”) at an issue price of R52 per linked unit (the “rights offer”).

Resilient linked unitholders are notified that the rights offer closed on Friday, 16 May 2014 and are advised that, in
respect of the rights offer linked units, which were offered to linked unitholders and/or their renouncees, a total of
31 067 265 Resilient linked units, being 161.5% of the rights offer linked units, were applied for in terms of the rights
offer.

Applications included excess applications for 12 210 160 Resilient linked units, of which 373 664 rights offer linked
units will be allocated equitably, taking cognisance of the number of linked units and rights held by each linked
unitholder immediately prior to such allocation, including those taken up as a result of the rights offer, and the number
of excess linked units applied for by such linked unitholder.

Dematerialised linked unitholders who have subscribed for rights offer linked units will have their accounts debited
and updated by their CSDP/broker on Monday, 19 May 2014. There are no certificated linked unitholders who have
subscribed for rights offer linked units.

Dematerialised linked unitholders on the linked unit register who applied for excess rights offer linked units will have
the excess linked units allocated to them and credited to their accounts by their CSDP/broker on
Wednesday, 21 May 2014.

The date of the commencement of trading of the rights offer linked units on the JSE is Monday, 19 May 2014.

Following the issue of the 19 230 769 rights offer linked units, the total issued linked unit capital of the company will
increase to 312 569 839 linked units.

19 May 2014


Corporate advisor, legal advisor and sponsor
Java Capital

Date: 19/05/2014 10:27:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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