To view the PDF file, sign up for a MySharenet subscription.

INDLUPLACE PROPERTIES LIMITED - Accelerated Bookbuild

Release Date: 21/10/2015 08:36
Code(s): ILU     PDF:  
Wrap Text
Accelerated Bookbuild

INDLUPLACE PROPERTIES LIMITED
(previously Arrowhead Residential Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2013/226082/06)
JSE share code: ILU ISIN: ZAE000201125
(Approved as a REIT by the JSE)
(“Indluplace” or “the company”)


ACCELERATED BOOKBUILD


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES, CANADA, JAPAN OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO

Subject to pricing acceptable to Indluplace, the company proposes an equity raise of approximately R350 million through the issue of
new shares (“equity raise”).

The equity raise will be implemented through an accelerated book build process (the “book build”). The book build is now open and the
company reserves the right to close it at any time hereafter. Applications are subject to a minimum of R1 million per applicant.

The new shares, when issued, will be credited as fully paid and will rank pari passu in all respects with the existing shares. Pricing and
allocations will be announced as soon as possible following the closing of the book build.

Indluplace reserves the right to increase the size of the equity raise subject to demand.

Java Capital contact details:

Carl Esterhuysen
Indluplace@javacapital.co.za
Tel: (011) 722 3054

21 October 2015


Bookrunner and sponsor

Java Capital


The equity raise is not an offer to the public. Participation in the equity raise is reserved for invited investors only and subject to the
terms and conditions provided to the invited investors.

This announcement is not for publication or distribution or release, directly or indirectly, in the United States of America (including its
territories and possessions, any state of the United States and the District of Columbia).

This announcement does not constitute or form part of an offer or solicitation of an offer to purchase or subscribe for secur ities in the
United States or any other jurisdiction. The securities referred to herein have not been and will not be registered under the United States
Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold, directly or indirectly, in the United States,
absent registration or an exemption from, or transaction not subject to, the registration requirements of the Securities Act. No public
offering of securities is being made in the United States. This announcement does not and is not intended to constitute an offer to the
public in South Africa in terms of the South African Companies Act 71 of 2008 as amended (“Companies Act”). Neither this
announcement nor any copy of it may be taken, transmitted or distributed, directly or indirectly in or into the United States, Canada,
Australia or Japan.

This announcement is for information purposes only and in member states of the European Economic Area (other than the United
Kingdom) is directed only at persons who are qualified investors (as defined in article 2(1)(e) of EU directive 2003/71/EC (the
“Prospectus Directive”) and the relevant implementing rules and regulations adopted by each Member State). In the United Kingdom,
this announcement is directed only at the following persons: investment professionals falling within article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); and high net worth entities, and other persons to
whom it may lawfully be communicated, falling within article 49(2)(a) to (d) of the Order.

This announcement has been issued by and is the sole responsibility of the company. No representation or warranty express or implied,
is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by Java Capital or by any of their
respective affiliates or agents as to, or in relation to, the accuracy or completeness of this announcement or any other written or oral
information made available to or publicly available to any interested party or its advisers, and any liability therefore is expressly
disclaimed.

Date: 21/10/2015 08:36:00 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.

Share This Story