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FAIRVEST PROPERTY HOLDINGS LIMITED - Results of placement by Fairvest

Release Date: 16/04/2015 16:03
Code(s): FVT     PDF:  
Wrap Text
Results of placement by Fairvest

FAIRVEST PROPERTY HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/005011/06)
JSE share code: FVT   ISIN: ZAE000034658
(Approved as a REIT by the JSE)
(“Fairvest” or “the company”)


RESULTS OF PLACEMENT BY FAIRVEST


NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, 
AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO 

Linked unitholders are advised that Fairvest has closed its placement announced earlier today.

Fairvest successfully raised R137 million through the placing of 71 802 000 linked units at a price of
191 cents per linked unit.

Subject to approval by the JSE, listing and trading of the new linked units is expected to commence at 09h00
on Friday, 24 April 2015.

Java Capital acted as sole bookrunner.

16 April 2015


Bookrunner and transaction 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This announcement is not for publication or distribution or release, directly or indirectly, in the United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 (“Companies Act”). 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.
                                                                                                       
The placement is not an offer to the public as contemplated under the Companies Act. Potential investors
are only permitted to apply for units who (i) fall within the categories of persons set out in section 96(1)(a)
of the Companies Act or (ii) who are persons who subscribe, as principal, for linked units at a minimum
total application of R1 000 000, as envisaged in section 96(1)(b) of the South African Companies Act.

This announcement has been issued by and is the sole responsibility of the company. 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: 16/04/2015 04:03:00 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
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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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