LIGHTHOUSE PROPERTIES PLC - Results of scrip distribution election, issue of new shares and total voting rights

Results of scrip distribution election, issue of new shares and total voting rights

LIGHTHOUSE PROPERTIES p.l.c.
(Registered in Malta)
(Registration number: C 100848)
Share code: LTE
ISIN: MU0461N00015
LEI: 549300UG27SWRF0X2U62
("Lighthouse" or the "Company")


RESULTS OF SCRIP DISTRIBUTION ELECTION, ISSUE OF NEW SHARES AND TOTAL VOTING RIGHTS


Shareholders are referred to the previous announcements, the last of which was released on Thursday, 11 April
2024, in respect of a cash dividend of 1,35 EUR cents per share ("Cash Dividend"), with an alternative scrip
distribution option of 1,35 EUR cents per share by way of an issue of 3,67803 new Lighthouse shares for every
100 Lighthouse shares held on the record date, being Friday, 12 April 2024 at an issue price of 753,01474 ZAR
cents per share ("Scrip Distribution"), in respect of the six months ended 31 December 2023.

Following completion of the election, the Company hereby announces that in respect of the Scrip Distribution,
a total number of 23 583 311 new Lighthouse shares (out of a maximum of 67 323 021 new Lighthouse shares)
will be issued on market as listed shares on Wednesday, 15 May 2024. The new Lighthouse shares issued in
respect of the Scrip Distribution will upon their issue be fully paid up and will rank pari passu in all respects
with existing Lighthouse shares in issue and are fully fungible with effect from the date of listing.

Subsequent to the issue of the new Lighthouse shares, the total issued share capital of the Company will increase
to 1 853 993 105 ordinary shares of EUR 0.01 each. Therefore, the total number of voting rights in Lighthouse
will be 1 853 993 105 with effect from Wednesday, 15 May 2024, which may be used by shareholders as the
denominator for the calculations by which they will determine if they are required to notify their interest or
change to their interest in Lighthouse.

In respect of the Cash Dividend, payment will be made to certificated shareholders by electronic funds transfer
on Wednesday, 15 May 2024. The CSDP/broker accounts of all dematerialised shareholders will be credited
and updated accordingly on Wednesday, 15 May 2024.

In respect of all dematerialised shareholders who elected to receive the Scrip Distribution, their CSDP/broker
accounts will be credited and updated with the new Lighthouse shares on Wednesday, 15 May 2024.

15 April 2024


JSE sponsor and corporate advisor                             Company Secretary
Java Capital                                                  Stonehage Fleming Malta Limited is a member of 
                                                              the Stonehage Fleming Group of Companies

Tel: +27 11 722 3050                                          Tel: +356 2144 6377
Date: 15-04-2024 11:00:00
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
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
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.