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ATLANTIC LEAF PROPERTIES LIMITED - Approval for the issue of up to 100 000 000 additional Atlantic Leaf shares

Release Date: 27/05/2015 09:00
Code(s): ALP     PDF:  
Wrap Text
Approval for the issue of up to 100 000 000 additional Atlantic Leaf shares

Atlantic Leaf Properties Limited
(Incorporated in the Republic of Mauritius on 11 November 2013)
(Registration number: 119492 C1/GBL)
SEM share code: ALPL.N0000
JSE share code: ALP
ISIN: MU0422N00009
(“Atlantic Leaf” or “the Company”)


APPROVAL FOR THE ISSUE OF UP TO 100 000 000 ADDITIONAL ATLANTIC LEAF SHARES


The Board of Directors of Atlantic Leaf, which is listed on the Official Market of the Stock Exchange of
Mauritius Ltd (“SEM”) and the Alternative Exchange of the JSE Limited (“AltX”), is pleased to announce
that the Listing Executive Committee of the SEM has approved on 26 May 2015, the issue and listing of up
to 100 000 000 additional ordinary shares of the Company at a price per share that will not be less than the
net asset value per Atlantic Leaf share at the time any such issue and listing is undertaken.

The Company’s strategy, as detailed in the updated Listing Particulars dated 26 May 2015, is to invest in a
portfolio of fixed property assets, which it will own either directly or through subsidiaries, and in listed and
unlisted shares and securities of real estate companies. The additional capital to be raised through the issue
of additional shares will be used by Atlantic Leaf to invest in accordance with the Company’s strategy and
investment policy, as and when investment opportunities arise.

As required by the Listing Rules of the SEM, the updated Listing Particulars of the Company, will be made
available for inspection for at least 10 business days, during normal office hours (from 9 a.m. to 5 p.m.
Mauritian time) at the registered office of the Company which is situated at c/o Intercontinental Trust
Limited, Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius. The updated Listing Particulars
will also be available on the Company’s website, www.atlanticleaf.mu.

This announcement is not an invitation to the public to subscribe for shares in the Company and is provided
for information purposes only.

Atlantic Leaf has its primary listing on the SEM and a secondary listing on the JSE.


By order of the board.

For further information please contact:

South African corporate advisor
Leaf Capital                                                           +27 21 657 1180

JSE sponsor
Java Capital                                                           +27 11 722 3050

Corporate secretary
Intercontinental Trust Limited                                         +230 403 0800

27 May 2015

This notice is issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting
Issuers) Rules 2007. The Board of Directors of Atlantic Leaf Properties Limited accepts full responsibility for the accuracy of the
information contained in this announcement.

Date: 27/05/2015 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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