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GROWTHPOINT PROPERTIES LIMITED - Results of Dividend Re-Investment Alternative

Release Date: 26/03/2018 10:28
Code(s): GRT     PDF:  
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Results of Dividend Re-Investment Alternative

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


RESULTS OF DIVIDEND RE-INVESTMENT ALTERNATIVE

Shareholders are referred to the announcements released on the Stock Exchange News Service ("SENS") on
Wednesday 28 February 2018 and Monday, 12 March 2018 relating to the declaration of the cash dividend for the
six-month period ended 31 December 2017 of 101.20 cents (“Cash Dividend”) per Growthpoint share and the
finalisation of the dividend re-investment alternative (“Share Alternative”), respectively.

Shareholders holding 1,056,509,875 Growthpoint shares or 36.0% of Growthpoint’s issued shares qualifying to
receive the dividend elected the Share Alternative, resulting in the issue of 36,778,816 new ordinary shares of no
par value and the retention of R1,048 million (based on the discounted issue price of R28.50 for the new shares)
of new equity for Growthpoint. Accordingly, a Cash Dividend of R1,900 million is payable today in respect of
1,877,692,597 Growthpoint shares.

Dividend cheques in respect of certificated shareholders who elected to receive the Cash Dividend are being posted
today and share certificates in respect of certificated shareholders who elected the Share Alternative will be posted
on Wednesday, 28 March 2018 to such certificated shareholders at their risk. The Central Securities Depository
Participants (“CSDP”) or broker custody accounts in respect of dematerialised shareholders who elected to receive
the Cash Dividend will be credited today and the CSDP or broker custody accounts in respect of dematerialised
shareholders who elected the Share Alternative will be credited with their new shares on Wednesday, 28 March
2018 in line with the settlement dates as indicated in the aforementioned SENS announcements.


26 March 2018
Sandton


Corporate Advisor and Sponsor to Growthpoint
Investec Bank Limited

Date: 26/03/2018 10:28:00 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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