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INTERNATIONAL HOTEL GROUP LIMITED - Results Of Private Placement

Release Date: 30/03/2016 10:45
Code(s): IHL     PDF:  
Wrap Text
Results Of Private Placement

International Hotel Group Limited
(previously RBDL Investments Limited)
(Incorporated in the British Virgin Islands)
(Company number 1862176)
 JSE share code: IHL
ISIN: VGG7396G1046
(“IHGL” or the “Company”)


RESULTS OF PRIVATE PLACEMENT


IHGL, the hotel and leisure focused property investment company, is pleased to announce that it has, today, completed
a further capital raising by way of a private placement.

IHGL raised an aggregate amount of GBP7 million (approximately ZAR156 million), by placing 7 million new IHGL
shares at an issue price of GBP1.00 per placement share (the “Placement”) with the Company’s cornerstone
shareholders, being Redefine Properties Limited, Redefine International P.L.C and Tsogo Sun Holdings Limited.

The Placement proceeds will be utilised to fund the acquisition of additional assets, details of which will be released in
due course.

Following the Placement, IHGL has a total of 55 000 000 ordinary shares in issue.

For further information please contact:

M Partners S.à r.l.
Luxembourg listing agent                                   +352 263 868 610

Java Capital
JSE sponsor                                                +27 (0) 11 722 3050

FTI Consulting
South African Public Relations Advisor
Max Gebhardt                                               +27 (0) 11 214 2402

Company Secretary
Osiris Secretarial Services Ltd                            +1 (284) 494 9820

Notes to editors:

IHGL is a hotel and leisure focused property investment company which owns six hotels in the UK. The Company’s
shares are currently listed on the Euro MTF Market of the Luxembourg Stock Exchange, which constitutes its primary
listing, and on the AltX of the JSE which constitutes its secondary listing.

30 March 2016

Date: 30/03/2016 10:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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