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ATLANTIC LEAF PROPERTIES LIMITED - Results of accelerated book build

Release Date: 13/09/2017 17:45
Code(s): ALP     PDF:  
Wrap Text
Results of accelerated book build

Atlantic Leaf Properties Limited
(Incorporated in the Republic of Mauritius on 11 November 2013)
(Registration number: 119492 C1/GBL)
SEM share code: ALPL.N0000
JSE share code: ALP
ISIN: MU0422N00009
(“Atlantic Leaf” or “the company”)


RESULTS OF 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

Shareholders are advised that Atlantic Leaf has closed its book build announced earlier today.

In light of strong demand, the amount of capital raised was increased to approximately GBP47 million (equivalent to
approximately ZAR815 million) through the placing of 46 305 419 new shares at a price of GBP1.015 per share on
the Mauritian register and ZAR17.60 per share on the South African register (the “new Atlantic Leaf shares”).

Subject to approval by the JSE Limited (“JSE”) and the Stock Exchange of Mauritius Ltd (“SEM”), listing and
trading of the new Atlantic Leaf shares on the JSE and SEM are expected to commence at the opening of trade on
Wednesday, 20 September 2017. Investors will have their securities accounts credited with the new Atlantic Leaf
shares on Wednesday, 20 September 2017.

Following the issue of the new Atlantic Leaf shares, the company will have a total of 188 976 628 shares in issue.

Java Capital acted as sole bookrunner.

By order of the Board

Java Capital is acting as sole bookrunner for the equity raise. The equity raising is not an offer to the public as
contemplated under the South African Companies Act, No.71 of 2008 as amended (“Companies Act”) and the
Mauritian Securities Act 2005, nor an offer of securities in any other jurisdiction. Potential investors are only
permitted to apply for shares with a minimum total acquisition cost, per single addressee acting as principal, of
greater than or equal to ZAR1,000,000, unless the potential investor is a person, acting as principal, whose ordinary
business, or part of whose ordinary business, is to deal in securities, whether as principal or agent (in reliance on
Section 96(1)(a)(i) and 96(1)(b) of the Companies Act) or such applicant falls within one of the other specified
categories of persons listed in section 96(1) of the Companies Act.

Settlement of shares on the South African register and the Mauritian register will take place within the system
administered by STRATE and the Central Depository & Settlement Co. Ltd (“CDS”) respectively.

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 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 person 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 (sole bookrunner and JSE Sponsor) or by any of its 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.

FORWARD LOOKING INFORMATION

This announcement contains (or may contain) certain forward-looking statements with respect to certain of company's
plans and its current goals and expectations relating to its future financial condition and performance and which
involve a number of risks and uncertainties. The company cautions readers that no forward-looking statement is a
guarantee of future performance and that actual results could differ materially from those contained in the forward-
looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to
future events and circumstances a number of which are beyond the company's control. These forward-looking
statements reflect the company's judgement at the date of this announcement and are not intended to give any
assurance as to future results. Except as required by the JSE, the SEM Listing Rules or applicable law, the company
expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward looking
statements contained in this announcement to reflect any changes in the company’s expectations with regard thereto
or any changes in events, conditions or circumstances on which any such statement is based.

By order of the board


13 September 2017

This notice is issued pursuant to 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 Atlantic Leaf accepts full
responsibility for the accuracy of the information in this announcement.

The company has primary listings on both the Official Market of the SEM and the Main Board of the JSE.
                                        SEM authorised representative
Sole bookrunner and JSE sponsor                                                      Company secretary
                                        and sponsor
Java Capital                            Perigeum Capital                             Intercontinental Trust



Tel: +27 11 722 3052                    Tel: +230 402 0890                           Tel: +230 403 0800

Date: 13/09/2017 05:45:00 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
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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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