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NEWPARK REIT LIMITED - Results of private placement and the listing of Newpark on the Alternative Exchange (ALTX) of the JSE

Release Date: 27/01/2016 15:00
Code(s): NRL     PDF:  
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Results of private placement and the listing of Newpark on the Alternative Exchange (“ALTX”) of the JSE

Newpark REIT Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2015/436550/06)
JSE share code: NRL  ISIN: ZAE000212783
(Approved as a REIT by the JSE)
(“Newpark” or “the company” or “the group”)  
                                             
RESULTS OF PRIVATE PLACEMENT AND THE LISTING OF NEWPARK ON THE ALTERNATIVE EXCHANGE (“ALTX”) OF THE JSE


Investors are referred to Newpark’s pre-listing statement issued on Tuesday, 26 January 2016 and the abridged pre-
listing statement released on SENS on the same date, detailing the offer by way of a private placement of Newpark
ordinary shares (“private placement shares”) to invited investors and the subsequent listing of all the issued shares 
of the company in the “Diversified REIT’s” sector on the AltX of the JSE (“the private placement”).

The private placement was fully subscribed and Newpark has successfully raised an aggregate amount of R62.5 million,
by placing 10 million of its shares with invited investors at an issue price of R6.25 per private placement share.

Successful applicants will be notified of their allocations from Wednesday, 27 January 2016. The allocated shares will
be credited to successful applicants on a ‘delivery-versus-payment’ basis on the date of listing being
Wednesday, 3 February 2016.

An application has been made to the JSE for the listing of 100 000 001 ordinary shares in the “Diversified REITs”
sector of the AltX of the JSE with effect from the commencement of trade on the JSE on Wednesday 3 February 2016.
Shares will trade under the abbreviated name: “Newpark”, JSE share code: NRL and ISIN: ZAE000212783.

27 January 2016


Corporate advisor, bookrunner and designated advisor
Java Capital


Independent reporting accountants and auditors
Grant Thornton


Attorneys
Cliffe Dekker Hofmeyr
Date: 27/01/2016 03:00:00 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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