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HYPROP INVESTMENTS LIMITED - Accelerated Book Build

Release Date: 28/07/2016 13:15
Code(s): HYP     PDF:  
Wrap Text
Accelerated Book Build

HYPROP INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/005284/06)
JSE share code: HYP ISIN: ZAE000190724
(Approved as a REIT by the JSE)
(“Hyprop” or “the company”)


ACCELERATED BOOK BUILD


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

Shareholders are advised that Hyprop has closed its book build announced earlier today.

In light of strong demand, the amount of capital raised was increased to R700 million at a price of R135.00 per share,
representing a 4.2% premium to the 30 day VWAP.

Subject to approval by the JSE, listing and trading of the new shares is expected to commence at 09:00 on Monday,
8 August 2016.

Java Capital acted as sole bookrunner.

28 July 2016

Bookrunner and sponsor
Java Capital

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