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DELTA INTERNATIONAL PROPERTY HOLDINGS LIMITED - Placing, issue and listing of up to 29 million additional ordinary shares

Release Date: 07/04/2015 07:30
Code(s): DLI     PDF:  
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Placing, issue and listing of up to 29 million additional ordinary shares

DELTA INTERNATIONAL PROPERTY HOLDINGS LIMITED
(Registered by continuation in the Republic of Mauritius)
(Registration number 128881 C1/GBL)
JSE share code: DLI
SEM share code: DEL.N0000
ISIN: MU0473N00002
(“Delta” or “the Company”)


PLACING, ISSUE AND LISTING OF UP TO 29 MILLION ADDITIONAL ORDINARY
SHARES


The Board of Directors of Delta is pleased to announce that the Listing Executive Committee of the Stock
Exchange of Mauritius Ltd (“SEM”) has approved the placing, issue and listing of up to 29 million additional
ordinary shares of Delta on the Official Market of SEM by way of private placement at the USD price
equivalent of ZAR 18 per share at the prevailing ZAR/USD at the time any such issue is announced. The price
of ZAR 18 per share mentioned above is based on the opening price of US$1.65 on the first day of trading on
30 March 2015 and discounted by approximately 9%. This has been done to give the Board of Directors of
Delta the necessary authority to issue shares should it be required to issue shares.

Any private placement of shares will be announced in accordance with the listing rules of the SEM.

In accordance with the listing rules of the SEM, the Company has prepared a Supplement to the Listing
Particulars, which has been approved by the SEM on 01 April 2015 and which will be made available for
inspection by the public for a minimum of 14 days at the registered office of Delta at 4th Floor, Raffles Tower,
19 Cybercity, Ebene, Mauritius.

This notice is for information purposes only and is not an invitation to the public to subscribe for shares of the
Company.

By order of the Board
For Delta International Property Holdings Limited

Apex Fund Services (Mauritius) Ltd
Company Secretary

Nedbank Capital
JSE Sponsor

Date: 02 April 2015
___________________________________________________________________________________
    - This communiqué is issued pursuant to Listing Rule 11.3
    - The Board of Directors of Delta International Property Holdings Limited accepts full responsibility for the accuracy of the information
      contained in this communiqué.

DIPHL/Communiqué/SEM/020415                                           
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