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ATLANTIC LEAF PROPERTIES LIMITED - CANCELLATION OF S377874 Results of accelerated book build

Release Date: 28/10/2016 15:59
Code(s): ALP     PDF:  
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CANCELLATION OF S377874 Results of accelerated book build

Atlantic Leaf Properties Limited
(Incorporated in the Republic of Mauritius)
(Registration Number: 119492 C1/GBL)
SEM share code: ALPL.N0000
ISIN: MU0422N00009
JSE share code: ALP
www.atlanticleaf.co.za
(“Atlantic Leaf” or the “Company”)


RESULTS OF 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

Atlantic Leaf is pleased to announce that it has closed its book build launched on 27 October 2016.

There was strong demand from investors and the Company successfully raised the targeted equity.

Approximately GBP20 million (equivalent to approximately ZAR340 million) was raised through the placing of 18 767 506
new Atlantic Leaf shares through its South African and Mauritian registers at an issue price of ZAR18.14 and GBP1.07,
respectively.

The new Atlantic Leaf shares are expected to list and trade on the JSE Limited and Official Market of the Stock Exchange
of Mauritius Ltd from Wednesday, 9 November 2016.

Investors will have their CSDP and CDS accounts credited with the new Atlantic Leaf shares on Wednesday,
9 November 2016.

Following the issue of the new Atlantic Leaf shares, the Company will have a total of 142 650 320 shares in issue.

The proceeds from the Equity Raise will be utilised to fund acquisitions and otherwise in furtherance of Atlantic Leaf’s
investment strategy.

Leaf Capital acted as sole bookrunner.

Atlantic Leaf currently has primary listings on both the Official Market of the Stock Exchange of Mauritius Ltd and the
Alternative Exchange of the JSE Limited.

By order of the board.

28 October 2016

Settlement of shares on the South African register and the Mauritian register will take place within the system administered
by STRATE and the Central Depository & Settlement Co. Ltd (CDS) respectively.

This announcement is not for publication or distribution or release, directly or indirectly, in the United States of America
(including its territories and possessions, any state of the United States and the District of Columbia). This announcement
does not constitute or form part of an offer or solicitation of an offer to purchase or subscribe for securities in the United
States or any other jurisdiction. The securities referred to herein have not been and will not be registered under the United
States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold, directly or indirectly, in
the United States, absent registration or an exemption from, or transaction not subject to, the registration requirements of
the Securities Act. No public offering of securities is being made in the United States. This announcement does not and is
not intended to constitute an offer to the public in South Africa in terms of the Companies Act. Neither this announcement
nor any copy of it may be taken, transmitted or distributed, directly or indirectly in or into the United States, Canada,
Australia or Japan. This announcement is for information purposes only and in member states of the European Economic
Area (other than the United Kingdom) is directed only at persons who are qualified investors (as defined in article 2(1)(e)
of EU directive 2003/71/EC (the “Prospectus Directive”) and the relevant implementing rules and regulations adopted by
each Member State). In the United Kingdom, this announcement is directed only at the following persons: investment
professionals falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005
(the “Order”); and high net worth entities, and other person to whom it may lawfully be communicated, falling within
article 49(2)(a) to (d) of the Order.

This announcement has been issued by and is the sole responsibility of the Company. No representation or warranty
express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by Leaf
Capital (sole bookrunner) or by any of its respective affiliates or agents as to, or in relation to, the accuracy or
completeness of this announcement or any other written or oral information made available to or publicly available to any
interested party or its advisers, and any liability therefore is expressly disclaimed.

FORWARD LOOKING INFORMATION

This announcement includes statements that are, or may be deemed to be, ‘forward-looking statements’. These forward-
looking statements can be identified by the use of forward-looking terminology, including the terms ‘believes’, ‘estimates’,
‘plans’, ‘projects’, ‘anticipates’, ‘expects’, ‘intends’, ‘may’, ‘will’, or ‘should’ or, in each case, their negative or other
variations or comparable terminology. These forward-looking statements include matters that are not historical facts. They
appear in a number of places throughout this announcement and include statements regarding the current intentions,
beliefs or expectations of the directors concerning, among other things, the Company’s results of operations, financial
condition, liquidity, prospects, growth, strategies and the Company’s markets. By their nature, forward-looking statements
involve risk and uncertainty because they relate to future events and circumstances. Actual results and developments could
differ materially from those expressed or implied by the forward-looking statements. Forward-looking statements may and
often do differ materially from actual results. Any forward-looking statements in this announcement are based on certain
factors and assumptions, including the directors’ current view with respect to future events and are subject to risks relating
to future events and other risks, uncertainties and assumptions relating to the Company’s operations, results of operations,
growth strategy and liquidity. Whilst the directors consider these assumptions to be reasonable based upon information
currently available, they may prove to be incorrect. Save as required by law, the SEM Listing Rules and JSE Listing
Requirements, the Company undertakes no obligation to publicly release the results of any revisions to any forward-looking
statements in this announcement that may occur due to any change in the directors’ expectations or to reflect events or
circumstances after the date of this announcement.

For further information please contact:
Sole Bookrunner and South African corporate advisor
Leaf Capital                                                     +27 21 657 1180
South African JSE sponsor
Java Capital                                                     +27 11 722 3050
Corporate secretary
Intercontinental Trust Limited                                   +230 403 0800
SEM authorised representative and sponsor
Perigeum Capital Ltd                                             +230 402 0890

This notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rule 11.3 and the Mauritian Securities Act
2005. The board of directors of Atlantic Leaf Properties Limited accepts full responsibility for the accuracy of the
information contained in this announcement.

Date: 28/10/2016 03:59:59 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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