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Results of the Dividend Re-Investment Alternative
Stor-Age Property REIT Limited
(Incorporated in the Republic of South Africa)
(Registration number 2015/168454/06)
Share Code: SSS ISIN ZAE000208963
(Approved as a REIT by the JSE)
(“Stor-Age” or “the Company”)
RESULTS OF THE DIVIDEND RE-INVESTMENT ALTERNATIVE
Shareholders are referred to the announcements released on SENS on 13 June 2017 and 27 June 2017 relating
to the gross cash dividend for the year ended 31 March 2017 of 45.01 cents per ordinary share (“Cash Dividend”)
and the finalisation of the re-investment price per new share in terms of the dividend re-investment alternative
(“Share Alternative”), respectively.
Shareholders, holding 55 917 710 Stor-Age ordinary shares or 33.43% of Stor-Age’s issued ordinary shares as
at Friday 7 July 2017, and who qualified to receive the Cash Dividend elected the Share Alternative, resulting
in the issue of 2 225 675 new Stor-Age ordinary shares of no par value and the retention of R25 157 613 of new
equity for Stor-Age (based on the re-investment price of R11.30 per share). Accordingly, a total Cash Dividend
of R50 129 276 is payable today in respect of 111 357 009 Stor-Age ordinary shares.
Ordinary shares issued in terms of the Share Alternative will rank pari passu in all respects with the Company’s
existing issued ordinary shares and an application will be made to the JSE to adjust the listing of the issued
ordinary shares.
Settlement of the Cash Dividend:
• Dividend cheques in respect of certificated shareholders who elected to receive the Cash Dividend will
be posted today.
• The CSDP or Broker accounts of dematerialised shareholders who elected to receive the Cash Dividend
will be credited today.
Settlement of the Share Alternative:
• Share certificates in respect of certificated shareholders who elected the Share Alternative will be posted
to such shareholders, at their risk, by registered post on 12 July 2017.
• The CSDP or Broker accounts of dematerialised shareholders who elected the Share Alternative will be
credited with their new ordinary shares and residual cash payments in respect of any fractional
entitlements on 12 July 2017.
Cape Town
10 July 2017
Sponsor and Corporate Advisor
Questco Proprietary Limited
Date: 10/07/2017 05:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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