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ATLANTIC LEAF PROPERTIES LIMITED - Placement of 12 560 269 new Atlantic Leaf shares

Release Date: 22/10/2014 10:30
Code(s): ALP     PDF:  
Wrap Text
Placement of 12 560 269 new Atlantic Leaf shares

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”)


PLACEMENT OF 12 560 269 NEW ATLANTIC LEAF SHARES


In accordance with the authority granted to them on 27 February 2014, the directors of Atlantic Leaf are
pleased to announce that it has closed a private placement of Atlantic Leaf shares to invited investors (“the
private placement”).

Through the private placement, the company has placed 12 560 269 new Atlantic Leaf shares with investors
(“the new Atlantic Leaf shares”) as follows:

     -    11 698 111 new Atlantic Leaf shares at GBP1.06 per share, raising approximately GBP12 400 000
          through the company’s Mauritian share register; and
     -    862 158 new Atlantic Leaf shares at ZAR18.79 per share, raising approximately ZAR16 200 000
          through the company’s South African share register.

The proceeds raised from the private placement will be used to fund the purchase of property opportunities
identified by management and forming part of the company’s acquisition pipeline.

The new Atlantic Leaf shares are expected to list and trade on the Alternative Exchange of the JSE Limited
(“JSE”) and the Stock Exchange of Mauritius Limited (“SEM”) from Thursday, 30 October 2014. Investors
will have their CSDP and CDS accounts credited with the new Atlantic Leaf shares on or before Thursday,
30 October 2014.

The new Atlantic Leaf shares will rank pari passu in all respects with existing Atlantic Leaf shares in issue.
Following the issue of the new Atlantic Leaf shares, the company will have a total of 27 854 852 shares in
issue.

Atlantic Leaf has its primary listing on the SEM and a secondary listing on 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

22 October 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: 22/10/2014 10:30:00 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
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