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MAINLAND REAL ESTATE LIMITED - Results of the SA private placement and secondary inward listing on the Alternative Exchange of the JSE

Release Date: 06/12/2016 14:35
Code(s): MLD     PDF:  
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Results of the SA private placement and secondary inward listing on the Alternative Exchange of the JSE

MAINLAND REAL ESTATE LTD
(Incorporated in the Republic of Mauritius)
(Registration number: 135891 C1/GBL)
SEM share code: “MAIN.N0000”
JSE share code: “MLD”
ISIN: “MU0520N00000”
(“Mainland” or “the company”)


RESULTS OF THE SA PRIVATE PLACEMENT AND SECONDARY INWARD LISTING ON THE ALTERNATIVE EXCHANGE OF THE JSE


Investors are referred to Mainland’s pre-listing statement issued on 2 December 2016 (“the pre-listing statement”)
and to the abridged pre-listing statement released on SENS on 2 December 2016, detailing the issue by way of private
placement (“the SA private placement”) of Mainland shares and the subsequent listing of all of the company’s issued
shares on the Alternative Exchange (“AltX”) of the JSE Limited (the “JSE”).

Mainland has successfully raised an aggregate amount of ZAR10.3 million through the SA private placement as
further detailed below.

Mainland placed 292 942 of its shares with invited investors under the SA private placement at an issue price of
ZAR35.16 per share payable in ZAR which is equivalent to GBP2.00 per share determined at the GBP:ZAR exchange
rate of GBP1.00:ZAR17.58.

Successful applicants under the SA private placement will be advised of their allocation of Mainland shares by no later
than Tuesday, 6 December 2016.

The allocated Mainland shares will be transferred to successful applicants on a ‘delivery-versus-payment’ basis on the
date of listing being Friday, 9 December 2016.

Accordingly, a total of 884 042 Mainland shares will be listed on the AltX with effect from the commencement of
trade on the JSE on Friday, 9 December 2016. Mainland shares will trade on the JSE under the abbreviated name:
“Mainland”, JSE share code: “MLD” and ISIN: MU0520N00000.

Mainland has its primary listing on the Stock Exchange of Mauritius Ltd and a secondary listing on the AltX of JSE.

By order of the board

South African corporate advisor and JSE sponsor
Java Capital                                                 +27 11 722 3050

Corporate secretary
Intercontinental Fund Services Limited                       +230 466 3999

SEM authorised representative and sponsor
Perigeum Capital Ltd                                         +230 402 0890

6 December 2016

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

Date: 06/12/2016 02:35:00 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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