EPP N.V. - Postponement of bookbuild for unsecured corporate bond

Postponement of bookbuild for unsecured corporate bond

EPP N.V.
(previously Echo Polska Properties N.V.)
(Incorporated in The Netherlands)
(Company number 64965945)
JSE share code: EPP
ISIN: NL0011983374
LEI Code: 7245003P7O9N5BN8C098
("EPP")


POSTPONEMENT OF BOOKBUILD FOR UNSECURED CORPORATE BOND


NOT FOR PUBLIC RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION WHERE 
TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

Shareholders are referred to the announcement released on SENS on 18 June 2018 and are advised that EPP has
decided to postpone the bookbuild for an unsecured 5-year corporate bond issue due to adverse market conditions.

Hadley Dean, EPP's CEO commented: "One of the key focus areas for EPP is to diversify its funding sources.
We have been actively pursuing a number of debt strategies that achieve this. The 5 year corporate bond was one
of these, however, at current pricing levels it did not make economic sense to proceed with that option at this
time. However we remain confident we can achieve our objectives."

EPP would like to thank investors for their credit work and the interest expressed. EPP looks forward to working
with them again in the future.

This announcement is directed only at persons (i) outside the United Kingdom; (ii) that have professional
experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005 (the "Order"); (iii) falling within Article 49(2)(a) to (d) (“high net
worth companies, unincorporated associations etc.”) of the Order or (iv) to whom this announcement may
otherwise be directed without contravention of Section 21 of the Financial Services and Markets Act 2000 (all
such persons together being referred to as "relevant persons"). This announcement must not be acted on or
relied on by persons who are not relevant persons. Any investment or investment activity to which this
announcement relates is available only to relevant persons and will be engaged in only with relevant persons.

In member states of the European Economic Area ("EEA"), this announcement is directed only at persons who
are "qualified investors" within the meaning of Article 2(1)(e) of Directive 2003/71/EC, as amended.

Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients
only (all distribution channels). No PRIIPs key information document has been prepared as not available to retail
in EEA.

This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for
securities in the United States or in any other jurisdiction where it is unlawful to do so. The securities to which
this announcement relates have not been and will not be registered under the U.S. Securities Act of 1933, as
amended (the "Securities Act") or with any securities regulatory authority of any state of the United States or
other jurisdiction and may not be offered, sold, pledged or otherwise transferred in the United States or to, or
for the account or benefit of, U.S. persons (as such term is defined in Regulation S under the Securities Act),
except pursuant to registration or an exemption from the registration requirements of the Securities Act and in
compliance with any applicable state securities laws.

19 June 2018
                                                       

JSE Sponsor
Java Capital

Luxembourg Stock Exchange Listing Agent
M Partners

For more information:

Curwin Rittles, Investor Relations, EPP
Mobile: +48 885 982 310
Curwin.Rittles@echo-pp.com

Magda Cieliczko, Marketing Director, EPP
Mobile: +48 603 203 619
magda.cieliczko@echo-pp.com

Java Capital, JSE Sponsor
Phone: +27 11 722 3050

M Partners, Luxembourg Stock Exchange Listing Agent
Phone: +352 263 868 602

Singular Systems IR, South Africa, Investor Relations
Michèle Mackey / Jacques de Bie
+27 (0)10 003 0700 / +27 (0)82 497 9827
michele@singular.co.za / Jdebie@singular.co.za

Date: 19/06/2018 01:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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