FAIRVEST PROPERTY HOLDINGS LIMITED - Placement of shares

Placement of shares

Fairvest Property Holdings Limited
Incorporated in the Republic of South Africa
(Registration number: 1998/005011/06)
Share code: FVT
ISIN: ZAE000203808
(“Fairvest” or “the Company”)
(Approved as a REIT by the JSE)


PLACEMENT OF SHARES

Shareholders are advised that Fairvest has successfully raised
R100 million through the placement of 58 823 529 ordinary shares at a
price of R1.70 per share.

The shares were placed in terms of a vendor consideration placement.
The monies raised will be utilised by Fairvest to partially fund its
recent acquisition of Middestad Centre and Mega Park in Bloemfontein.
Shareholders are referred to the Company’s announcement on 17 March
2015 containing further details regarding the acquisition.

The shares in question will be issued and listed on Friday, 16
October 2015.

15 October 2015
Cape Town

Sponsor: PSG Capital
Bookrunner: Java Capital

Date: 15/10/2015 04:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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