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INDLUPLACE PROPERTIES LIMITED - Results of private placement and update regarding the listing of Indluplace on the main board of the JSE

Release Date: 10/06/2015 16:55
Code(s): ILU     PDF:  
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Results of private placement and update regarding the listing of Indluplace on the main board of the JSE

Indluplace Properties Limited
(Incorporated in the Republic of South Africa)
(Registration number 2013/226082/06)
JSE share code: ILU   ISIN: ZAE000201125
(“Indluplace” or “the company”)



RESULTS OF PRIVATE PLACEMENT AND UPDATE REGARDING THE LISTING OF INDLUPLACE ON THE MAIN BOARD OF THE JSE


Investors are referred to Indluplace’s prospectus issued on Wednesday, 3 June 2015 and the abridged prospectus
released on SENS on the same date, detailing the offer by way of a private placement of Indluplace ordinary shares to
invited investors and the subsequent listing of the company’s shares on the Main Board of the JSE (“the private
placement”).

The private placement was significantly oversubscribed and Indluplace has successfully raised an aggregate amount of
R400 million, by placing 40 million of its shares with invited investors at an issue price of R10.00 per share.

Successful applicants will be notified of their allocations from Thursday, 11 June 2015. The allocated shares will be
credited to successful applicants on a ‘delivery-versus-payment’ basis on the date of listing being
Friday, 19 June 2015.

An application has been made to the JSE for the listing of 175 793 640 ordinary shares in the “Residential REIT’s”
sector of the Main Board of the JSE with effect from the commencement of trade on the JSE on Friday, 19 June 2015.
Shares will trade under the abbreviated name: “Indlu”, JSE share code: ILU and ISIN: ZAE000201125.


10 June 2015


Corporate advisor, sponsor and bookrunner
Java Capital


Independent reporting accountants and auditors
Grant Thornton


Attorneys
DLA Cliffe Dekker Hofmeyr

Date: 10/06/2015 04:55:00 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
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
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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