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ATLANTIC LEAF PROPERTIES LIMITED - Exemption from complying with Rule 33(2) of the Mauritian Securities (Takeover) Rules 2010

Release Date: 30/07/2014 14:00
Code(s): ALP     PDF:  
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Exemption from complying with Rule 33(2) of the Mauritian Securities (Takeover) Rules 2010

Atlantic Leaf Properties Limited
(Incorporated in the Republic of Mauritius on 11 November 2013)
(Registration number: 119492 C1/GBL)
SEM share code: ALPL.N0000
JSE share code: ALP
ISIN: MU0422N00009
(“Atlantic Leaf” or “the company”)


EXEMPTION FROM COMPLYING WITH RULE 33(2) OF THE MAURITIAN SECURITIES (TAKEOVER) RULES 2010


Atlantic Leaf’s shareholders and the public in general are referred to the announcement released by the
company on the Stock Exchange of Mauritius Ltd (“SEM”) and the Stock Exchange News Service of the
Johannesburg Stock Exchange (“JSE”) on Thursday, 3 April 2014, relating to the application by the
company to the Financial Services Commission in Mauritius (“FSC”) for an exemption from complying
with Rule 33(2) of the Mauritian Securities (Takeover) Rules 2010, waiving the requirement to make a
mandatory offer on all voting shares of the company held by the minority shareholders, following the
acquisition of 10,000,000 shares by one of the investors who participated in the private placement (the
“Controlling Shareholder”).

The Board of Directors of Atlantic Leaf wishes to inform Atlantic Leaf’s shareholders and the public in
general that the FSC has, under the powers conferred upon them by Rule 42 of the Mauritian Securities
(Takeover) Rules 2010, granted the company and the Controlling Shareholder an exemption from complying
with Rule 33(2) of the Mauritian Securities (Takeover) Rules 2010.

The Board of Directors of Atlantic Leaf also wishes to highlight that all the existing shareholders of the
Company have confirmed that they have no objection to the Controlling Shareholder not making a
mandatory offer.

Atlantic Leaf has its primary listing on the SEM and a secondary listing on the Alternative Exchange of the
JSE.


By Order of the Board

For further information please contact:

South African joint corporate advisor and JSE sponsor
Java Capital                                                                +27 11 280 0042
South African joint corporate advisor
Leaf Capital                                                                +27 21 657 1180
Corporate secretary
Intercontinental Trust Limited                                              +230 403 0800

30 July 2014




This notice is issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers) Rules
2007. The Board of Directors of Atlantic Leaf Properties Limited accepts full responsibility for the accuracy of the information contained in this
announcement.

Date: 30/07/2014 02:00:00 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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