Sectors Shares

GROWTHPOINT PROPERTIES LIMITED - Initial Investment in Globalworth Poland Real Estate N.V. (formerly Griffin Premium Re.. N.V.)

Release Date: 14/06/2018 08:00
Code(s): GRT
 
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Initial Investment in Globalworth Poland Real Estate N.V. (formerly Griffin Premium Re.. N.V.)

Growthpoint Properties Limited
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
Registration number 1987/004988/06
ISIN: ZAE000179420
JSE Share code: GRT
("Growthpoint” or “the Company”)


INITIAL INVESMENT IN GLOBALWORTH POLAND REAL ESTATE N.V.
(FORMERLY GRIFFIN PREMIUM RE.. N.V.)


Following Growthpoint’s announcement on SENS on 12 April 2018, Growthpoint, via its
wholly-owned subsidiary Growthpoint Properties International (Pty) Limited (“GPI”), has
subscribed for 95,541,401 shares in Globalworth Poland Real Estate N.V. (“GPRE”) at
€1.57 per share for a total of €150 million, following which Growthpoint, via GPI, now
holds a 21.6% shareholding in GPRE.



A copy of this notice has also been made available on the Company’s website at:
http://www.growthpoint.co.za/Pages/InvestorLanding.aspx


Sandton

14 June 2018

Sponsor: Investec Bank Limited

Date: 14/06/2018 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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