To view the PDF file, sign up for a MySharenet subscription.

FORTRESS INCOME FUND LIMITED - Results of the accelerated bookbuild

Release Date: 25/11/2014 13:42
Code(s): FFB FFA     PDF:  
Wrap Text
Results of the accelerated bookbuild

FORTRESS INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share codes: FFA      ISIN: ZAE000141313
                 FFB      ISIN: ZAE000141321
(Approved as a REIT by the JSE)
(“Fortress” or “the company”)


RESULTS OF THE ACCELERATED BOOK BUILD


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

Linked unitholders are advised that Fortress has closed its book build announced earlier today.

The full amount of capital of R485 million was raised through the placing of 16 112 957 new A linked units at a price
of R16.10 per A linked unit and the placing of 16 112 957 new B linked units at a price of R14.00 per B linked unit
(collectively, the “new Fortress linked units”).

Subject to approval by the JSE, listing and trading of the new Fortress linked units is expected to commence at 09:00
on Tuesday, 2 December 2014.

Java Capital acted as sole bookrunner.

Java Capital contact details:

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

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

25 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This announcement is not for publication or distribution or release, directly or indirectly, in the United States of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 persons 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 Fortress. 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: 25/11/2014 01:42:00 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.

Share This Story