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LODESTONE REIT LIMITED - Results of private placement and the listing of Lodestone on the Alternative Exchange ("ALTX") of the JSE

Release Date: 16/02/2015 11:15
Code(s): LDO     PDF:  
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Results of private placement and the listing of Lodestone on the Alternative Exchange ("ALTX") of the JSE

Lodestone REIT Limited
(previously Lodestone Properties Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2010/017830/06)
JSE share code: LDO
ISIN: ZAE000197935
(“Lodestone” or “the company”)


RESULTS OF PRIVATE PLACEMENT AND THE LISTING OF LODESTONE ON THE ALTERNATIVE
EXCHANGE (“ALTX”) OF THE JSE


Investors are referred to Lodestone’s prospectus issued on Wednesday, 11 February 2015 and the abridged prospectus
released on SENS on the same date, detailing the offer by way of a private placement of Lodestone ordinary shares
(“private placement shares”) to invited investors and the subsequent listing on the AltX of the JSE of the company’s
shares (“the private placement”).

The private placement was more than 20 times oversubscribed and Lodestone has successfully raised an aggregate
amount of R122.4 million, by placing 24 million of its shares with invited investors at an issue price of R5.10 per
private placement share.

Successful applicants will be notified of their allocations from Monday, 16 February 2015. The allocated shares will
be credited to successful applicants on a ‘delivery-versus-payment’ basis on the date of listing being
Wednesday, 25 February 2015.

An application has been made to the JSE for the listing of 129 762 736 ordinary shares in the “Diversified REIT’s”
sector of the AltX of the JSE with effect from the commencement of trade on the JSE on Wednesday, 25 February 2015.
Shares will trade under the abbreviated name: “Lodestone”, JSE share code: LDO and
ISIN: ZAE000197935.


16 February 2015


Corporate advisor, bookrunner and designated advisor
Java Capital


Independent reporting accountants and auditors
Deloitte 


Attorneys
DLA Cliffe Dekker Hofmeyr 
Date: 16/02/2015 11:15:00 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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