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NVEST FINANCIAL HOLDINGS LIMITED - Results of private placement and listing on the Alternative Exchange (ALTX) of the JSE Limited (JSE)

Release Date: 28/05/2015 17:15
Code(s): NVE     PDF:  
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Results of private placement and listing on the Alternative Exchange (“ALTX”) of the JSE Limited (“JSE”)

NVEST FINANCIAL HOLDINGS LIMITED
(formerly NVest Financial Holdings (RF) Proprietary Limited and in the process of being changed from
NVest Financial Holdings (RF) Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2008/015990/06)
(“NVest” or “the Company”)
ISIN Code: ZAE000199865        JSE Code: NVE


RESULTS OF PRIVATE PLACEMENT AND LISTING ON THE ALTERNATIVE EXCHANGE (“ALTX”) OF THE JSE LIMITED
                                            (“JSE”)


Shareholders are referred to the Company’s prospectus issued on 25 May 2015, detailing an offer by way
of a private placement (comprising a private placing and preferential offer) of 26 250 000 new Nvest
ordinary shares at R1.00 per share and the subsequent listing of NVest on AltX.

The private placement closed on Tuesday, 26 May 2015 and was substantially oversubscribed and the full
amount of R26 250 000 was successfully raised from invited investors. Following the issue of the new Nvest
shares, the Company will have a total of 205 129 362 shares in issue.

NVest will list on AltX from the commencement of trade on the JSE on Friday, 29 May 2015. Investors will
have their CSDP accounts credited with the new Nvest shares also on Friday, 29 May 2015.

A copy of the prospectus can be obtained on the Company’s website at www.nvestholdings.co.za

28 May 2015

               Designated Advisor                                        Attorney
              Arbor Capital Sponsors                         Cooper Conroy Bell and Richards Inc.




                  Stockbroker                                  Auditor, Reporting Accountants
        NVest Securities Proprietary Limited                  Grant Thornton Cape Incorporated

Date: 28/05/2015 05:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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