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RESILIENT PROPERTY INCOME FUND LTD - Accelerated bookbuild

Release Date: 06/11/2014 09:08
Code(s): RES     PDF:  
Wrap Text
Accelerated bookbuild

RESILIENT PROPERTY INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/016851/06)
JSE share code: RES  ISIN: ZAE000190807
(Approved as a REIT by the JSE)
(“Resilient” or “the company”)


ACCELERATED BOOKBUILD


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, 
JAPAN OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO

Resilient announces an equity raising of approximately R500 million through the issue of new shares (the
“equity raise”). The equity raise is subject to pricing acceptable to Resilient.

The equity raising will be implemented through an accelerated bookbuild process (the “bookbuild”) and only
public investors (as defined under paragraphs 4.25 – 4.26 of the JSE Listings Requirements) will be eligible to
participate, subject to a minimum subscription application of R1 million per applicant. The bookbuild is now
open and the company reserves the right to close it at any time thereafter.

The new shares, when issued, will be credited as fully paid and will rank pari passu in all respects with the
existing shares. Resilient reserves the right to increase the size of the equity raise, subject to demand.

Java Capital is acting as sole bookrunner.

Java Capital contact details:

Andrew Brooking
resilient@javacapital.co.za
Tel: (011) 283 0177

Carl Esterhuysen
resilient@javacapital.co.za
Tel: (011) 283 0050


6 November 2014


Bookrunner and sponsor
Java Capital


This announcement is not for publication or distribution or release, directly or indirectly, in the United States
of America (including its territories and possessions, any state of the United States and the District of
Columbia).

This announcement does not constitute or form part of an offer or solicitation of an offer to purchase or
subscribe for securities in the United States or any other jurisdiction. The securities referred to herein have not
been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities
Act”), and may not be offered or sold, directly or indirectly, in the United States, absent registration or an
exemption from, or transaction not subject to, the registration requirements of the Securities Act. No public
offering of securities is being made in the United States. This announcement does not and is not intended to
constitute an offer to the public in South Africa in terms of the South African Companies Act 71 of 2008 (as
amended). Neither this announcement nor any copy of it may be taken, transmitted or distributed, directly or
indirectly in or into the United States, Canada, Australia or Japan.
This announcement is for information purposes only and in member states of the European Economic Area
(other than the United Kingdom) is directed only at persons who are qualified investors (as defined in article
2(1)(e) of EU directive 2003/71/EC (the “Prospectus Directive”) and the relevant implementing rules and
regulations adopted by each Member State). In the United Kingdom, this announcement is directed only at the
following persons: investment professionals falling within article 19(5) of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005 (the “Order”); and high net worth entities, and other person to
whom it may lawfully be communicated, falling within article 49(2)(a) to (d) of the Order.

This announcement has been issued by and is the sole responsibility of Resilient. No representation or
warranty express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or
will be accepted by Java Capital or by any of its respective affiliates or agents as to, or in relation to, the
accuracy or completeness of this announcement or any other written or oral information made available to or
publicly available to any interested party or its advisers, and any liability therefore is expressly disclaimed.

Date: 06/11/2014 09:08:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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