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INDLUPLACE PROPERTIES LIMITED - Accelerated Book Build

Release Date: 20/06/2017 12:30
Code(s): ILU     PDF:  
Wrap Text
Accelerated Book Build

INDLUPLACE PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/226082/06)
JSE share code: ILU ISIN: ZAE000201125
(Approved as a REIT by the JSE)
(“Indluplace” or “the company”)


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

Subject to pricing acceptable to Indluplace, the company proposes an equity raise of approximately R475 million through the
issue of new shares (“equity raise”) as part of a vendor consideration placing (as defined under paragraph 5.62 of the JSE Listings
Requirements).

The equity raise will be utilised to discharge the purchase consideration in respect of the Diluculo acquisition as announced on
16 March 2017.

The equity raise will be implemented through an accelerated book build process (the “book build”). The book build is now open
and the company reserves the right to close it at any time hereafter.

Pricing and allocations will be announced as soon as possible following the closing of the book build.

Indluplace reserves the right to increase the size of the equity raise subject to demand.

Java Capital is acting as sole bookrunner for the equity raise.

Java Capital contact details:

Carl Esterhuysen
Indluplace@javacapital.co.za
Tel: (011) 722 3054

20 June 2017

Bookrunner and sponsor
Java Capital


The equity raise is not an offer to the public. Participation in the equity raise is reserved for invited investors only and subject to
the terms and conditions provided to the invited investors.

This announcement is not for publication or distribution or release, directly or indirectly, in the United States of America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 South African Companies Act 71 of 2008 as amended
(“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 persons 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 Java Capital or by
any of their 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.

Date: 20/06/2017 12:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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