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ROCKCASTLE GLOBAL REAL EST CO LTD - Results of dividend election, issue of new shares and total voting rights and confirmation of approval of the SEM

Release Date: 28/09/2015 07:17
Code(s): ROC     PDF:  
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Results of dividend election, issue of new shares and total voting rights and confirmation of approval of the SEM

Rockcastle Global Real Estate Company Limited
(Incorporated in the Republic of Mauritius)
(Registration number 108869 C1/GBL)
JSE share code: ROC
SEM share code: ROCK.N0000
ISIN: MU0364N00003
(“Rockcastle” or “the company”)


RESULTS OF DIVIDEND ELECTION, ISSUE OF NEW SHARES AND TOTAL VOTING RIGHTS AND CONFIRMATION OF APPROVAL OF THE SEM


Shareholders are referred to the previous announcements, the last of which was released on SENS and on the
website of the Stock Exchange of Mauritius Ltd (“SEM”) on Friday, 9 September 2015, in respect of the
election by shareholders to receive a scrip dividend by way of an issue of 2.096 new Rockcastle shares
(“new Rockcastle shares”) for every 100 Rockcastle shares held on the record date, being Friday,
25 September 2015 (“scrip dividend”) at an issue price of US$2.11 per share or a cash dividend of
4.42 US$ cents per share (60.34980 ZAR cents per share for shareholders on the South African share
register) (“cash dividend”) in respect of the year ended 30 June 2015.

Following completion of the election, the company hereby announces that in respect of the scrip dividend, a
total of 17 358 776 new Rockcastle shares (out of a maximum of 18 763 001 new Rockcastle shares if all
shareholders had elected to receive the scrip dividend) will be issued on market as listed shares on Monday,
28 September 2015 on the JSE and the SEM. The new Rockcastle shares issued in respect of the scrip
dividend will upon their issue be fully paid up and will rank pari passu in all respects with existing
Rockcastle shares in issue and will be fully fungible with effect from the date of listing.

Following the issue of the new Rockcastle shares, the total issued share capital of the company will increase
to 912 540 104 ordinary shares of no par value each. Therefore, the total number of voting rights in
Rockcastle will be 912 540 104 with effect from Monday, 28 September 2015, which may be used by
shareholders as the denominator for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, Rockcastle.

In respect of all shareholders in Mauritius and certificated shareholders in South Africa, the cash dividend
payment will be made by electronic funds transfer or by cheque and in respect of dematerialised
shareholders in South Africa, your CSDP/broker accounts will be credited and updated.

In respect of certificated shareholders in South Africa, share certificates will be dispatched to all certificated
shareholders by registered post at the risk of such shareholders, on Monday, 28 September 2015 or in
accordance with the instructions given to the South African transfer secretaries.

In respect of dematerialised shareholders in South Africa and Mauritius, CSDP/CDS/broker accounts will be
credited and updated on Monday, 28 September 2015 with the new Rockcastle shares.

The Listing Executive Committee of the SEM has, on Friday, 25 September 2015, approved the issue and
listing of up to a maximum of 18 763 001 new Rockcastle shares that may be issued to existing shareholders
electing to receive a scrip dividend. As required by the Listing Rules of the SEM, copies of the Supplement
to the Listing Particulars relating to this further issue of shares and the Listing Particulars of the company,
will be made available for inspection for at least 10 business days as from Monday, 28 September 2015,
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 Ltd, Level 3, Alexander House, 35 Cybercity, Ebene 72201,
Mauritius.

Rockcastle is listed on the Official List of the SEM and the main board of the JSE Limited.
                                                                                                                           2

By order of the board

For further information please contact:


Intercontinental Trust Limited
Company secretary                                           +230 403 0800

Java Capital
South African corporate advisor and JSE sponsor             +27 11 722 3050

28 September 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 Rockcastle Global Real Estate Company Limited accepts full responsibility for the accuracy of the
information contained in this announcement.

Date: 28/09/2015 07:17:00 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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