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ARROWHEAD PROPERTIES LIMITED - Accelerated Bookbuild

Release Date: 18/02/2015 09:25
Code(s): AWB AWA     PDF:  
Wrap Text
Accelerated Bookbuild

ARROWHEAD PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2011/000308/06)
JSE share code: AWA ISIN: ZAE000158101
JSE share code: AWBISIN: ZAE000158119
(Approved as a REIT by the JSE)
(“Arrowhead” 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

Subject to pricing acceptable to Arrowhead, Arrowhead proposes an equity raise of approximately R500 million (the “equity raise”) through
the issue of new Arrowhead A and B linked units (“new linked units”) in terms of a vendor consideration placing to fund acquisitions.

The equity raise will be implemented through an accelerated book build process (the “book build”). The book build is now open and the
company reserves the right to close it at any time hereafter. Applications are subject to a minimum subscription application of R1 million per
applicant.

The new linked units, when issued, will be credited as fully paid and will rank pari passu in all respects with the existing linked units.
Pricing and allocations will be announced as soon as practicable following the closing of the book build.

Arrowhead 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:

Travis Green
Arrowhead@javacapital.co.za
Tel: (011) 283 0171

18 February 2015


Sole book runner and sponsor

Java Capital


The terms and conditions of the bookbuild will be provided to participants and participation in the bookbuild is subject to these terms and
conditions.

This announcement is not for publication or distribution or release, directly or indirectly, in the United States of America (including its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 Arrowhead. 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 their 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: 18/02/2015 09:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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