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GROWTHPOINT PROPERTIES LIMITED - Results of dividend re-investment alternative

Release Date: 04/04/2016 10:30
Code(s): GRT     PDF:  
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Results of dividend re-investment alternative

 Growthpoint Properties Limited
 Approved as a REIT by the JSE
 (Incorporated in the Republic of South Africa)
 (Registration number 1987/004988/06)
 Share code: GRT ISIN ZAE000179420
 (“Growthpoint”)


RESULTS OF DIVIDEND RE-INVESTMENT ALTERNATIVE



Shareholders are referred to the announcements released on the Stock Exchange News Service ("SENS") on 2
and 15 March 2016 relating to the declaration of the final cash dividend for the six-month period ended 31
December 2015 of 89.50 cents (“Cash Dividend”) per Growthpoint share and the finalisation of the dividend re-
investment alternative (“Share Alternative”) respectively.

Shareholders holding 1,398,140,310 Growthpoint shares or 51.2% of Growthpoint’s issued shares qualifying to
receive the dividend elected the Share Alternative, resulting in the issue of 52,272,973 new ordinary shares of no
par value and the retention of R1,228 million (based on the discounted issue price of R23.50 for the new shares)
of new equity for Growthpoint. Accordingly, a Cash Dividend of R1,193 million is payable today in respect of
1,333,287,222 Growthpoint shares.

Dividend cheques in respect of certificated shareholders who elected to receive the Cash Dividend were posted
today and share certificates in respect of certificated shareholders who elected the Share Alternative will be posted
on Wednesday, 6 April 2016, to such certificated shareholders at their risk. The Central Securities Depository
Participants (“CSDP”) or broker custody accounts in respect of dematerialised shareholders who elected to receive
the Cash Dividend will be credited today and the CSDP or broker custody accounts in respect of dematerialised
shareholders who elected the Share Alternative will be credited with their new shares on Wednesday, 6 April 2016,
in line with the adjusted settlement dates as indicated in the aforementioned SENS announcements.


4 April 2016

Sandton



Sponsor and Investment Bank to Growthpoint
Investec Bank Limited

Date: 04/04/2016 10:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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