To view the PDF file, sign up for a MySharenet subscription.

REBOSIS PROPERTY FUND LIMITED - Results of claw-back offer announcement

Release Date: 19/12/2016 11:45
Code(s): REB     PDF:  
Wrap Text
Results of claw-back offer announcement

REBOSIS PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2010/003468/06)
JSE share code: REB     ISIN: ZAE000201687
(Approved as a REIT by the JSE)
(“Rebosis” or “the company”)


RESULTS OF CLAW-BACK OFFER ANNOUNCEMENT


Shareholders are referred to the announcement released on SENS on Tuesday, 22 November 2016, relating to the renounceable
claw-back offer to Rebosis shareholders of an aggregate of 49 840 696 claw-back offer shares at a price of R10.71 each, in the
ratio of 9.15435 claw-back offer shares for every 100 Rebosis shares held at the close of trade on Friday, 2 December 2016 (“the
claw-back offer”).

In terms of the claw-back underwriting agreement dated 12 August 2016, entered into between Rebosis, Billion, Abacus and
Nedbank, in terms of which, inter alia, Billion and Nedbank have agreed to subscribe for those claw-back offer shares not taken
up by Rebosis shareholders in accordance with their entitlements in terms of the claw-back offer.

The offer closed at 12:00 on Thursday, 15 December 2016. The results of the claw-back offer are as follows:

                                                                                        Number of claw-         Percentage of claw-
                                                                                      back offer shares           back offer shares
Claw-back offer shares available for subscription                                            49 840 696                        100%
Claw-back offer shares subscribed for by Rebosis shareholders (excluding Billion             42 028 739                      84.33%
and Nedbank)
Claw-back offer shares subscribed for by Billion                                              7 811 957                      15.67%
Claw-back offer shares subscribed for by Nedbank                                                      -                           -

The claw-back offer shares will be issued today, Monday, 19 December 2016.

Dematerialised shareholders’ accounts updated by their CSDP or broker with claw-back offer shares to the extent accepted on
Monday, 19 December 2016. Share certificates in respect of the claw-back offer shares posted to certificated shareholders to the
extent accepted on Monday, 19 December 2016.

19 December 2016

Corporate advisor and sponsor
Java Capital

Legal advisor
Cliffe Dekker Hofmeyr

Corporate advisor and investment bank
Nedbank

Date: 19/12/2016 11:45:00 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.

Share This Story