Dividend declaration, changes to the board of directors of Acucap and change in year end of Acucap
Acucap Properties Limited
Approved as a REIT by the JSE
Incorporated in the Republic of South Africa
Registration number 2001/021725/06
Share code: ACP ISIN: ZAE000188660
ACUCAP DIVIDEND DECLARATION ANNOUNCEMENT, CHANGES TO THE BOARD OF
DIRECTORS OF ACUCAP AND CHANGE IN YEAR-END OF ACUCAP
1.1. Acucap shareholders are referred to the circular dated 15 January 2015 (the “Circular”)
regarding the offer by Growthpoint Properties Limited (“Growthpoint”) to acquire all of the
shares in Acucap that it does not already own, by way of a scheme of arrangement (the
“Scheme”) in terms of section 114 of the Companies Act, 2008 and are also referred to the
Scheme finalisation announcement dated 12 March 2015.
2.1. As detailed in the Circular, Acucap will pay a cash dividend (the “Dividend”) to Acucap
shareholders in respect of the period 1 October 2014 to 31 March 2015.
2.2. Notice is hereby given that the Dividend will be paid to Acucap shareholders in accordance
with timelines set out in paragraph 3 below.
2.3. A finalisation announcement in respect of the Dividend will be released on SENS by no later
than Friday, 10 April 2015, which finalisation announcement shall contain the amounts of the
Dividend and the tax treatment thereof for Acucap shareholders.
3. SALIENT DATES AND TIMES
Important dates and times in relation to the Dividend declaration are set out below:
Dividend declaration date Wednesday, 1 April 2015
Finalisation date in respect of the Dividend Friday, 10 April 2015
Last day to trade in respect of the Dividend Friday, 17 April 2015
Acucap shares trade ex-Dividend from Monday, 20 April 2015
Suspension of listing of Acucap shares on the JSE from Monday, 20 April 2015
Record date for the Dividend Friday, 24 April 2015
Payment date of the Dividend Tuesday, 28 April 2015
Share certificates may not be dematerialised or rematerialised between Monday, 20 April 2015 and
Friday, 24 April 2015, both days inclusive.
4. CHANGE IN BOARD OF DIRECTORS OF ACUCAP
As disclosed in the Circular, and in accordance with the implementation agreement in respect of
the Scheme, the board of directors of Acucap (“Board”) hereby advises that the following changes
to the Board will take effect from Wednesday, 1 April 2015 -
Name of director Position held Nature of change in Board
RC Frolich Independent non-executive Resignation
ND Mandindi Independent non-executive Resignation
CB Marlow Non-executive director Resignation
MS Moloko Independent non-executive Change in role *
BE Stevens Independent non-executive Resignation
NDC Whale Independent non-executive Resignation
C Kotze Financial director Resignation
JH Rens Executive director Change in role *
LN Sasse Executive director New appointment
EK de Klerk Executive director New appointment
RG Pienaar Executive director New appointment
SA le Roux Executive director New appointment
*Mr MS Moloko has been appointed as an alternate director to Messrs BS Kantor and FM Berkeley and Mr JH
Rens has been appointed as an alternate director to Mr PA Theodosiou.
The Board would like to thank those directors that have resigned for their tenure as members of the
Board. Their contribution and commitment has been key to the success of Acucap.
5. CHANGE IN YEAR END
In anticipation of the implementation of the Scheme, Acucap shareholders are advised that
Acucap’s year-end has been changed from 31 March to 30 June in order to align its reporting
timelines with those of Growthpoint. The change in year-end of Acucap is effective from the 2015
1 April 2015
CORPORATE ADVISOR AND SPONSOR TO ACUCAP
Date: 01/04/2015 11:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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