EPP N.V. - Issuance of shares under general authority to issue shares for cash

Issuance of shares under general authority to issue shares for cash

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")


ISSUANCE OF SHARES UNDER GENERAL AUTHORITY TO ISSUE SHARES FOR CASH


Shareholders are advised that 77 956 989 EPP ordinary shares (the "additional EPP shares") have been allotted, issued
and listed today on both the Euro MTF market of the Luxembourg Stock Exchange and the Main Board of the JSE,
pursuant to the equity raise undertaken by EPP on 24 April 2018 (the "equity raise"). The additional EPP shares, which
represent more than 5% of EPP's shares in issue, were issued under the general authority to issue shares for cash at a
2.52% discount to the 30 day weighted average traded price prior to the equity raise.

The proceeds of the equity raise will be used to fund part of the second tranche of the M1 acquisition (announced on
4 December 2017).

The additional EPP shares rank pari passu with existing listed EPP ordinary shares.

Following the issue of the additional EPP shares, the total issued and listed share capital of EPP has increased to 907 946
792 ordinary shares.

3 May 2019


JSE Sponsor
Java Capital

Luxembourg Stock Exchange Listing Agent
Harneys Luxembourg

For more information:

Curwin Rittles, Investor Relations, EPP
Mobile: +48 885 982 310
Curwin.rittles@epp-poland.com

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

Harneys Luxembourg, Luxembourg Stock Exchange Listing Agent
Phone: +352 27 86 71 02

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

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