EPP N.V. - Results of Accelerated Bookbuild

Release Date: 17/07/2018 14:20
Code(s): EPP
 
Wrap Text
Results of Accelerated Bookbuild

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" or "the Company")


RESULTS OF ACCELERATED BOOKBUILD


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 EPP has closed its bookbuild announced earlier today, 17 July 2018.

36 436 916 shares (the "new EPP shares") were placed with Redefine Properties Limited ("Redefine") at a price of
ZAR 19.26 per share pursuant to Redefine's commitment to participate in the bookbuild as announced on SENS on
29 May 2018.

Subject to approval by the JSE Limited ("JSE") and the Luxembourg Stock Exchange ("LuxSE"), listing and trading of
the new EPP shares on the JSE and LuxSE is expected to commence at the opening of trade on 24 July 2018. Redefine
will have its CSDP account credited with the new EPP shares on 24 July 2018.

Following the issue of the new EPP shares, the Company will have a total of 829 989 803 shares in issue.

Java Capital acted as sole bookrunner.

EPP is dual primary listed on the Main Board of the JSE and the Euro MTF market of the LuxSE.

17 July 2018


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"), 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.

This announcement is not for publication or distribution or release, directly or indirectly, in the United States of America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 the Company has not authorised any offer to the public of
securities in any Member State of the European Economic Area (other than the United Kingdom). With respect to any
Member State of the European Economic Area (other than the United Kingdom) which has implemented the Prospectus
Directive (each a "Relevant Member State"), no action has been undertaken or will be undertaken to make an offer to
the public of securities requiring publication of a prospectus in any Relevant Member State. For the purpose of this
paragraph, the expression "offer of securities to the public" means the communication in any form and by any means of
sufficient information on the terms of the offer and the securities to be offered so as to enable the investor to decide to
exercise, purchase or subscribe for the securities, as the same may be varied in that Member State by any measure
implementing the Prospectus Directive in that Member State and the expression "Prospectus Directive" means Directive
2003/71/EC (and amendments thereto, including Directive 2010/73/EU, to the extent implemented in the Relevant
Member State), and includes any relevant implementing measure in the Relevant Member State.

This document does not constitute a prospectus within the meaning of the Dutch Financial Markets Supervision Act (Wet
op het financieel toezicht) and does not constitute an offer to acquire securities.

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 persons 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.

JSE sponsor and sole bookrunner
Java Capital

Luxembourg Stock Exchange Listing Agent
M Partners

Date: 17/07/2018 02:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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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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