To view the PDF file, sign up for a MySharenet subscription.

LIGHTHOUSE CAPITAL LIMITED - Availability of rights offer circular and withdrawal of cautionary announcement

Release Date: 18/11/2019 17:45
Code(s): LTE     PDF:  
Wrap Text
Availability of rights offer circular and withdrawal of cautionary announcement

LIGHTHOUSE CAPITAL LIMITED
(formerly Greenbay Properties Ltd)
(Incorporated in the Republic of Mauritius on 14 August
 2014)
(Registration number: C124756 C1/GBL)
SEM share code: GFP.N0000
JSE share code: LTE
ISIN: MU0461N00015
(“Lighthouse” or “the company”)


AVAILABILITY OF RIGHTS OFFER CIRCULAR AND WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN
WHOLE OR IN PART, ON OR INTO ANY JURISDICTION WHERE IT IS UNLAWFUL TO
DISTRIBUTE THIS ANNOUNCEMENT

Availability of circular
Shareholders are referred to the declaration and finalisation announcement released by the Company on
4 November 2019, and are advised that the rights offer circular referred to therein is now available on the
company’s website:

https://www.lighthousecapital.mu/circular/

Copies of the circular (which shall serve as Listing Particulars pursuant to the SEM Listing Rules and a rights
offer circular in terms of the JSE Listings Requirements) are available for inspection during normal office hours
at the registered office of the company which is situated at C1-401, 4th Floor, La Croisette, Grand Baie,
Mauritius.

As per the timetable in this regard published on 4 November 2019, the circular will be posted to certificated
shareholders on the South African register on Thursday, 21 November 2019, and to shareholders on the
Mauritian register and to dematerialised shareholders on the South African register, on Monday, 25 November
2019. All other dates as published remain the same, with the exception of the issue and payment date for the
rights offer shares, as well as the publication of the results of the rights offer, which will be Monday,
9 December 2019 and not Tuesday, 10 December 2019 as communicated previously.

JURISDICTION
All transactions arising from the provisions of the circular and the form of instruction shall be governed by and
be subject to the laws of Mauritius. The rights offer may be affected by the laws of the relevant jurisdictions of
foreign shareholders. Such foreign shareholders should inform themselves about and observe any applicable
legal requirements of such jurisdictions in relation to all aspects of the circular that may affect them, including
the rights offer. It is the responsibility of any foreign shareholder to satisfy himself/herself as to the full
observation of the laws and regulatory requirements of the relevant jurisdiction in connection with the rights
offer, including the obtaining of any governmental, exchange control or other consent or the making of any
filings which may be required, the compliance with other necessary formalities, the payment of any issue,
transfer or other taxes or requisite payments due in such jurisdiction. The rights offer is further subject to any
other applicable laws and regulations, including South African Exchange Control Regulations. Any foreign
shareholder who is in doubt as to his/her position, including, without limitation, his/her tax status, should consult
an appropriate independent professional adviser in the relevant jurisdiction without delay.
The rights offer does not constitute an offer in any jurisdiction in which it is illegal to make such an offer and
the circular and form of instruction in this regard should not be forwarded or transmitted to any person in any
territory other than where it is lawful to make such an offer.

Withdrawal of cautionary
Lighthouse is evaluating a number of direct property opportunities against its acquisition and investment
criteria.

Lighthouse has been granted exclusivity to acquire a mall in the Madrid metropolitan area in Spain and is in a
due diligence process. If Lighthouse makes this acquisition, the transaction will be subject to various conditions
precedent usually associated with transactions of this nature. Shareholders will be kept informed as the process
advances.

At present, the Company has no unpublished price sensitive information providing it with reason to advise
shareholders to continue to exercise caution in their dealings in Lighthouse shares. Accordingly, the Company
withdraws the cautionary announcement released on SENS on Monday, 14 October 2019.

Lighthouse has primary listings on both the Official Market of the Stock Exchange of Mauritius Ltd (“SEM”)
and the Main Board of the Johannesburg Stock Exchange Limited (“JSE”).

By order of the Board

18 November 2019


This notice is issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure
Obligations of Reporting Issuers) Rules 2007. The Board accepts full responsibility for the accuracy of the
information in this announcement.

                                       SEM authorised representative
           JSE sponsor                          and sponsor                  Company Secretary
          Java Capital                        Perigeum Capital          Intercontinental Trust Ltd
      Tel: +27 11 722 3050                   Tel: +230 402 0890              Tel: +230 403 0800

Date: 18/11/2019 05:45:00
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.

Share This Story