Wrap Text
Capital raise in South Africa
HYPROP INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/005284/06)
JSE share code: HYP ISIN: ZAE000190724
JSE bond issuer code: HYPI
(Approved as a REIT by the JSE)
("Hyprop")
CAPITAL RAISE IN SOUTH AFRICA
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, OUTSIDE SOUTH AFRICA
This announcement is not for publication or distribution, directly or indirectly, in or into any
jurisdiction or to any person in any jurisdiction where it would be in violation of any laws or
regulations. The persons into whose possession any document or other information referred to herein
comes, should inform themselves about and observe any such restriction in their jurisdiction. Any
failure to comply with these restrictions may constitute a violation of the laws of any such
jurisdiction.
Since the announcement on SENS on 26 May 2025, major institutional investors in the South African
market have engaged positively with Hyprop regarding an envisaged conditional voluntary bid process
("Voluntary Bid") to acquire a controlling shareholding in MAS P.L.C ("MAS"). Any Voluntary Bid
would be subject to conditions that appropriately protect the interests of Hyprop and its shareholders.
The Capital Raise referred to in the announcement of 26 May 2025, which will be undertaken as an
accelerated bookbuild, is now underway.
The bookrunner's contact details are as follows:
Thys de Beer Andrew Brooking
hyprop@javacapital.co.za hyprop@javacapital.co.za
Tel: +27 83 351 7683 Tel: +27 83 642 0113
2 June 2025
Bookrunner and sponsor
Java Capital
The Capital Raise 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.
Participation in the Capital Raise is reserved for invited investors only and subject to the terms and
conditions provided to the invited investors. 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) or any jurisdiction in which it would be unlawful to do so.
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.
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 in member states of the European Economic
Area (other than the United Kingdom) is directed only at persons who are qualified investors (as defined
in article 2(1)(e) of EU directive 2003/71/EC (the "Prospectus Directive") and the relevant
implementing rules and regulations adopted by each Member State). 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 Hyprop. 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 or by any of their 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.
Date: 02-06-2025 07:45:00
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.
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