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ATLANTIC LEAF PROPERTIES LIMITED - Approval for the issue of up to 100 000 000 additional Atlantic Leaf shares

Release Date: 22/09/2016 14:54
Code(s): ALP     PDF:  
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Approval for the issue of up to 100 000 000 additional Atlantic Leaf shares

Atlantic Leaf Properties Limited
(Incorporated in the Republic of Mauritius on 11 November 2013)
(Registration number: 119492 C1/GBL)
SEM share code: ALPL.N0000
JSE share code: ALP
ISIN: MU0422N00009
(“Atlantic Leaf” or “the Company”)


APPROVAL FOR THE ISSUE OF UP TO 100 000 000 ADDITIONAL ATLANTIC LEAF SHARES


The Board of Directors of Atlantic Leaf, which is listed on the Official Market of the Stock Exchange of Mauritius Ltd
(“SEM”) and the Alternative Exchange of the JSE Limited (“AltX”), is pleased to announce that the Listing Executive
Committee of the SEM has approved on 22 September 2016, the issue and listing of up to 100 000 000 additional
ordinary shares of the Company at a price per share to be decided by the Board of Directors in line with the authority
granted by shareholders, at the time any such issue and listing is undertaken.

The Company’s strategy, as detailed in the Revised Listing Particulars dated 22 September 2016, is to invest in a
portfolio of fixed property assets, which it will own either directly or through subsidiaries, and in listed and unlisted
shares and securities of real estate companies. The additional capital to be raised through the issue of additional
shares will be used by Atlantic Leaf to invest in accordance with the Company’s strategy and investment policy, as
and when investment opportunities arise.

As required by the Listing Rules of the SEM, the Revised Listing Particulars of the Company, will be made available
for inspection for at least 10 business days, during normal office hours (from 9 a.m. to 5 p.m. Mauritian time) at the
registered office of the Company which is situated at c/o Intercontinental Trust Limited, Level 3, Alexander House, 35
Cybercity, Ebene 72201, Mauritius. The Revised Listing Particulars will also be available on the Company’s website,
www.atlanticleaf.mu.

This announcement is not an invitation to the public to subscribe for shares in the Company and is provided for
information purposes only.

Atlantic Leaf holds primary listings on both the SEM and the AltX.


By order of the board.

For further information please contact:

South African corporate advisor
Leaf Capital                                                      +27 21 657 1180

JSE sponsor
Java Capital                                                      +27 11 722 3050

Corporate secretary
Intercontinental Trust Limited                                    +230 403 0800

SEM Authorised Representative & Sponsor
Perigeum Capital Ltd                                              +230 402 0890

22 September 2016


This notice is issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of
Reporting Issuers) Rules 2007. The Board of Directors of Atlantic Leaf Properties Limited accepts full responsibility
for the accuracy of the information contained in this announcement.

Date: 22/09/2016 02:54:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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