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MARA DELTA PROPERTY HOLDINGS LIMITED - Placing of shares for the acquisition of assets

Release Date: 06/12/2016 14:00
Code(s): MDP     PDF:  
Wrap Text
Placing of shares for the acquisition of assets

Mara Delta Property Holdings Limited 
(previously Delta Africa Property Holdings Limited) 
(Registered by continuation in the Republic of 
Mauritius) 
(Registration number: C128881 C1/GBL) 
SEM share code: DEL.N0000 
JSE share code: MDP 
ISIN: MU0473N00028 
(“Mara Delta” or “the Company”) 
      
                                                                
 PLACING OF SHARES FOR THE ACQUISITION OF ASSETS 
                                                          
 
 Further to the information provided in the Listing Particulars dated 4 April 2016 and in the Supplement to the Listing 
 Particulars dated 2 December 2016, shareholders are hereby advised that Mara Delta has successfully placed 
 11,080,471 additional ordinary shares of no par value (“Placing Shares”) at an issue price of USD 1.54 per share (being 
 an approximate 4.93% discount to net asset value per share of the Company as at 30 September 2016). This issue will 
 not be dilutive to the current shareholders dividend yield. 

 The proceeds from the Placing Shares will be used to reduce gearing and to fund the acquisition of various assets as 
 announced to the market and in the Supplement to the Listing Particulars dated 2 December 2016. 
   
 The Placing Shares will be issued through both the Mauritian and South African share registers of the Company on 
 Friday, 9 December 2016. 
   
 Subject to the approval of the JSE Limited (“JSE”), the Placing Shares will be listed on the Official Market of the Stock 
 Exchange of Mauritius Ltd (“SEM”) and the Main Board of JSE on Friday, 9 December 2016. 
   
 Following the issue of the Placing Shares, the Company will have a total of 111,787,042 shares in issue. 
   
 Mara Delta has its primary listings on both the Main Board of the JSE Limited and the Official Market of the Stock 
 Exchange of Mauritius Ltd. 
   
 By order of the Board 
   
 6 December 2016 
  
 PSG Capital Proprietary Limited                          Perigeum Capital Ltd
 JSE sponsor and corporate advisor to Mara Delta         SEM authorised representative and sponsor to Mara Delta 
                                                                      

Directors: Sandile Nomvete (chairman), Bronwyn Anne Corbett*, Peter Todd (lead independent), Chandra Kumar 
Gujadhur, Ian Macleod, Leon van de Moortele* and Jacqueline Rouxanne van Niekerk 
(*executive director) 
Company secretary: Intercontinental Fund Services Limited 
Registered address: c/o Intercontinental Fund Services Limited, Level 5, Alexander House, 35 Cybercity, Ebene 72201, 
Mauritius 
Transfer secretary (South Africa): Computershare Investor Services Proprietary Limited 
  
Registrar and transfer agent (Mauritius): Intercontinental Secretarial Services Limited 
Corporate advisor and JSE Sponsor: PSG Capital Proprietary Limited 
Sponsoring broker: SBM Securities Ltd 
SEM authorised representative and sponsor: Perigeum Capital Ltd 
 
This Notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rule 11.3 and Rule 5(1) of the Securities 
(Disclosure Obligations of Reporting Issuers) Rules 2007. 
 
The board of directors of the Company accepts full responsibility for the accuracy of the information contained in this 
communiqué. 




 

Date: 06/12/2016 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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