ATLANTIC LEAF PROPERTIES LIMITED - Confirmation of dividend dates: Cash dividend of 4.5 GBP pence per share and update on the mandatory offer by Vukile

Confirmation of dividend dates: Cash dividend of 4.5 GBP pence per share and update on the mandatory offer by Vukile

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


CONFIRMATION OF DIVIDEND DATES: CASH DIVIDEND OF 4.5 GBP PENCE PER SHARE PREVIOUSLY DECLARED BY ATLANTIC LEAF AND UPDATE 
ON THE MANDATORY OFFER BY VUKILE PROPERTY FUND LIMITED


CONFIRMATION OF DIVIDEND DATES

Further to the dividend declaration announcement released on 12 October 2017 relating to the Company’s interim dividend of
4.5 GBP pence per share declared for the six months ended 31 August 2017. The salient dates for the dividend for shareholders on
the South African and Mauritian registers are set out below:

Announcement of GBP to Rand conversion rate on or before:                                           Tuesday, 5 December 2017
Last day to trade cum dividend:                                                                    Tuesday, 12 December 2017
Securities trade ex dividend:                                                                    Wednesday, 13 December 2017
Record date:                                                                                        Friday, 15 December 2017
Payment date:                                                                                       Monday, 18 December 2017

Dematerialisation or rematerialisation of share certificates may not take place between Wednesday, 13 December 2017 and
Friday, 15 December 2017, both days inclusive. Transfer of shares between sub-registers in Mauritius and South Africa may not
take place between Tuesday, 5 December 2017 and Friday, 15 December 2017 both days inclusive. Shareholders on the South
African sub-register will receive dividends in South African Rand, based on the exchange rate to be confirmed by the Company on
or before Tuesday, 5 December 2017. A further announcement in this regard will be made on or before Tuesday, 5 December
2017.

South African shareholders are advised that the cash dividend will be regarded as a foreign dividend and may be subject to South
African dividends withholding tax. On 22 February 2017, the South African withholding tax rate was increased from 15% to 20%
and accordingly South African shareholders may be subject to a dividend withholding tax rate of 20%, unless an exemption as set
out in the South African tax legislation applies.

The receipt of the cash dividend may have tax implications for shareholders who are resident in Mauritius or other countries other
than South Africa. Atlantic Leaf shareholders are advised to consult their professional advisors regarding the tax consequence of
the cash dividend should they be in any doubt as to the appropriate action they should take. There is no dividends withholdings
tax in Mauritius.

At the date of this announcement, the issued share capital of the Company is 188 976 628 ordinary shares of no par value.

MANDATORY OFFER MADE TO SHAREHOLDERS

Atlantic Leaf shareholders are referred to the mandatory offer to shareholders announced on Wednesday, 20 September 2017
and are advised that on Friday, 3 November 2017, an offer document was issued by Vukile Property Fund Limited (“Vukile”) to
Atlantic Leaf shareholders in line with Rule 17 of the Mauritian Securities (Takeover) Rules 2010. Copies of the offer document
may be obtained from the offices of Vukile (One-on-Ninth, corner Glenhove and Ninth Street, Melrose Estate, 2196 South Africa),
Atlantic Leaf’s South African transfer secretaries – Computershare Investor Services Proprietary Limited (Rosebank Towers,
15 Biermann Avenue, Rosebank, 2196, South Africa) and Vukile’s legal advisor as to Mauritian Law – C&A Law (Suite 1005, Level 1,
Alexander House, 55 Cybercity, Ebene, 72201, Mauritius) during normal business hours up to 8 December 2017. The offer
document is also available on Vukile’s website (www.vukile.co.za.).
REPLY DOCUMENT TO BE ISSUED

In accordance with Rule 18 of the Mauritian Securities (Takeover) Rules 2010, the Board of directors of Atlantic Leaf will
communicate to its shareholders, within 21 days from the date of the posting by Vukile of the offer document, a reply document
to enable its shareholders to reach an informed decision about the offer.

Atlantic Leaf holds primary listings on both the Official Market of the Stock Exchange of Mauritius Ltd and on the Main Board of
the JSE Limited.

By order of the Board

For further information please contact:



JSE sponsor
Java Capital                                              +27 11 722 3050
Corporate secretary
Intercontinental Trust Limited                            +230 403 0800
SEM authorised representative and sponsor
Perigeum Capital Ltd                                      +230 402 0890

3 November 2017



This notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rules 11.3 and Rule 5(1) of the Securities (Disclosure
Obligations of Reporting Issuers) Rules 2007. The Board of Atlantic Leaf accepts full responsibility for the accuracy of the
information contained in this announcement.

Date: 03/11/2017 02:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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