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26-Aug-2019
(Official Notice)
10-Jul-2019
(Official Notice)
Shareholders are advised that on 9 July 2019, Atleaf's Board of Directors ("the Board") appointed Mr Charles Butler as an independent non-executive director with immediate effect.
10-Jul-2019
(Official Notice)
Shareholders are advised that at the annual general meeting of the Company held on Tuesday, 9 July 2019 (convened in terms of the notice of annual general meeting issued on 31 May 2019), all the resolutions proposed thereat were passed by the requisite majority of Atleaf shareholders who voted at the meeting.
31-May-2019
(Official Notice)
24-May-2019
(Official Notice)
Shareholders are advised that on 23 May 2019, Atlantic Leaf, through its wholly-owned subsidiary Basswood Limited (collectively, "Atlantic Leaf"), concluded agreements and simultaneously completed the acquisition of an industrial property known as Koito in Droitwich Spa, United Kingdom (the "Property") from Telereal Droitwich Limited (the "Seller") (the "Transaction").



The purchase consideration (excluding transaction related costs) for the Transaction is GBP 11,890,000 (the "Purchase Consideration"). The Purchase Consideration and transaction related costs will be settled with existing cash reserves, however the intention is to bring in external debt funding at a later date. Further, it is intended that additional equity could be raised at an appropriate time in the future to replenish Atlantic Leaf's cash reserves used to fund this acquisition. All conditions precedent relating to the Transaction have been completed. The Seller has provided normal warranties and indemnities for a transaction of this nature.



Stamp duty land tax payable in the United Kingdom of approximately GBP 594,000 is the largest component of estimated transaction costs. The Purchase Consideration attributed to the Property is considered to be the fair market value, as determined by the Board. The Board is not independent and its members are not registered as professional valuers or as professional associate valuers in terms of the Property Valuers Profession Act, No 47 of 2000.



Supplementary information on disposal of Retail Warehouse and Industrial property portfolio

Shareholders are referred to the announcement released on SENS on 23 April 2019 relating to the disposal of Atlantic Leaf's 45.02% interest in the LMP Retail Warehouse JV Property Unit Trust (the "Unit Trust"). Atlantic Leaf's equity accounted profit from the Unit Trust for the year ended 28 February 2019 amounted to GBP 2,663,929 (2018: GBP 1,805,566). This information was extracted from Atlantic Leaf's summarised results of the audited financial statements for the year ended 28 February 2019.
03-May-2019
(Official Notice)
Atlantic Leaf shareholders are referred to the dividend declaration announced on Tuesday, 23 April 2019 and are advised that shareholders on the South African share register will receive their cash dividend in ZAR, converted from GBP at an exchange rate as at 3 May 2019 of GBP1.00: ZAR 18.83. Accordingly, the cash dividend of GBP4.65 pence per share will be equal to ZAR87.5595 cents per share.



The information provided in this paragraph is only of direct application to shareholders on the South African share register. The gross local dividend amount is ZAR87.5595 cents per share for shareholders exempt from paying South African dividends tax. The net local dividend amount is ZAR70.0476 cents per share for shareholders liable to pay dividends tax at the rate of 20%.



There is no withholding tax payable in Mauritius.



This dividend is paid out of retained earnings accrued prior to the Company converting to Real Estate Investment Trust status and therefore is not subject to withholding tax in the United Kingdom.



The salient dates and times announced on Tuesday, 23 April 2019 remain unchanged.
23-Apr-2019
(Official Notice)
23-Apr-2019
(C)
05-Mar-2019
(Official Notice)
As a consequence of the re-domiciliation of the Company to Jersey, the Stock Exchange of Mauritius Ltd ("SEM") has approved the following changes on 1 March 2019:-

* the reclassification of the registration of Atlantic Leaf's listing on the Official Market of the SEM from Chapter 18 to Chapter 15 of the SEM Listing Rules, i.e. rules applicable to international issuers; and

* the conversion of Atlantic Leaf's primary listing on the Official Market of the SEM to a secondary listing status.
01-Mar-2019
(Official Notice)
11-Jan-2019
(C)
Rental income for the quarter increased to GBP6.1 million (2017: GBP5.7 million), profit for the period lowered to GBP2.3 million (2017: GBP4.3 million), while, while headline earnings per share dropped to GBP1.79 pence per share (2017: GBP2.56 pence per share).



Company outlook

We anticipate that the results for the year ending 28 February 2019 will be slightly ahead of the prior year. The reletting of Haydock and Brecon will benefit the results in the 2020 financial year.



The redomicile of the Company to Jersey and conversion to a UK REIT are planned to coincide with the commencement of the financial year on 1 March 2019. Both the redomicile and conversion to a REIT are subject to final regulatory approvals and an announcement will be made to shareholders once the date has been confirmed.
11-Jan-2019
(Official Notice)
The board informed the shareholders of Atlantic Leaf and the general public that the abridged unaudited financial statements of the Company for the three and nine months ended 30 November 2018 have been published and can be viewed on the Company's website (http://www.atlanticleaf.mu/investors/financials/).
12-Oct-2018
(Official Notice)
Shareholders are advised that the board of directors ("the Board") of Atleaf has approved and declared a cash dividend of GBP4.65 pence per share in respect of the six months ended 31 August 2018 out of the Company's distributable profits.



The salient dates for the dividend for shareholders on the South African register are set out below:

* Announcement of GBP to Rand conversion rate on or before: Tuesday, 30 October

* Last day to trade cum dividend: Tuesday, 06 November

* Securities trade ex-dividend: Wednesday, 07 November

* Record date: Friday, 09 November

* Payment date: Monday, 12 November
11-Oct-2018
(C)
Revenue for the interim period increased to GBP13.4 million (2017: GBP12.0 million) and operating income was higher at GBP10.6 million (2017: GBP10.4 million). Profit for the period grew to GBP7.8 million (2017: GBP6.4 million). Furthermore, headline earnings per share came to GBP5.0 pence per share (2017: GBP4.96 pence per share).



Dividend

The board is pleased to announce an interim dividend of GBP4.65 pence per share (2017/18: GBP4.50 pence per share), an increase of 3.3% over the prior corresponding period. This maintains the trend of increasing dividends to our shareholders at a rate above UK inflation.



Further information regarding the interim dividend, including salient dates and exchange rates, will be announced separately.



Company outlook

The second half of the financial year will be challenging for the company. Revenue is under pressure as a result of the vacant Haydock property and the reduced rental paid by Homebase at Brecon. In addition, we are forecasting higher finance costs as a result of refinancing the company's debt and extending our debt maturity profile.



We will be able to offset some of these events through asset management activities. Taking the above into account the company is likely to achieve full year growth in distributions of 2%-3% which is in line with UK inflation. This revised forecast does not consider the impact of converting to a REIT. When factoring in the effect of converting to a REIT from November, a full year distribution of 9.5 GBP pence would be forecast, representing growth of approximately 5% which is in line with previous forecasts.
11-Oct-2018
(Official Notice)
11-Jul-2018
(C)
Revenue for the quarter increased to GBP6.6 million (2017: GBP6 million), operating income decreased to GBP5.161 million (2017: GBP5.244 million), profit for the period jumped to GBP4.5 million (2017: GBP3.3 million), while headline earnings per share grew to GBP2.70 pence per share (2017: GBP2.54 pence per share).



Dividends paid

On 14 May 2018 the Company paid the final dividend of GBP4.6 pence per share for the year ended 28 February 2018, and the total distribution for the 2018 financial year was GBP9.1 pence per share.



Company outlook

The UK property environment remains active and the Company's management team continues to explore new opportunities. We have a solid base of assets which underpin our income and our debt is well hedged against any adverse moves in interest rates.
26-Jun-2018
(Official Notice)
Shareholders are advised that at the annual general meeting of the Company held on Monday, 25 June 2018 (convened in terms of the notice of annual general meeting issued on 31 May 2018), all the resolutions proposed thereat were passed by the requisite majority of Atlantic Leaf shareholders who voted at the meeting.
18-Jun-2018
(Official Notice)
Shareholders are herewith advised that several of Atlantic Leaf?s South African based investors and analysts will be visiting the company?s United Kingdom property portfolio (?the properties?) in Peterborough, Haydock, Knowsley, St Helens, Runcorn, Crewe and Stoke between 19 June 2018 and 20 June 2018.



During the visit, salient details will be made available to the investors and analysts regarding the properties, sector activity as well as the dynamics of the areas visited.



The roadshow information contains no material new information on Atlantic Leaf?s current trading or future financial performance, and is available on the company?s website (www. atlanticleaf.mu).
31-May-2018
(Official Notice)
Shareholders are advised that the Company's integrated annual report, incorporating the audited financial statements for the year ended 28 February 2018 (the ?Integrated Report"), was posted today, 31 May 2018 and contains no changes from the summarised financial statements for the year ended 28 February 2018, which were published on the website of the Stock Exchange of Mauritius Ltd. ("SEM") and on the Stock Exchange News Service ("SENS") of the JSE Ltd. ("JSE") on 19 April 2018. A copy of the Company's Integrated Report including the audit report is available on the Company's website: www.atlanticleaf.mu.



Notice was given that the annual general meeting of Atlantic Leaf shareholders will be held at the Company's registered office, being c/o Intercontinental Trust Ltd., Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius on Monday, 25 June 2018 at 11h00 Mauritian time (09h00 South African time) to transact the business as stated in the notice of annual general meeting which is included in the Integrated Report.
30-Apr-2018
(Official Notice)
Atlantic Leaf shareholders are referred to the dividend declaration announced on Thursday, 19 April 2018 and are advised that shareholders on the South African share register will receive their cash dividend in ZAR, converted from GBP at an exchange rate of GBP1.00: ZAR 16.96. Accordingly, the cash dividend of 4.60 GBP pence per share will be equal to ZAR 78.016 cents per share.



The information provided in this paragraph is only of direct application to shareholders on the South African share register. The gross local dividend amount is ZAR 78.016 cents per share for shareholders exempt from paying South African dividends tax. The net local dividend amount is ZAR 62.4128 cents per share for shareholders liable to pay dividends tax at the rate of 20%.



There is no withholding tax payable in Mauritius.



The salient dates and times announced on Thursday, 19 April 2018 remain unchanged.
19-Apr-2018
(Official Notice)
19-Apr-2018
(C)
Revenue for the year increased to GBP24.1 million (GBP21.3 million) whilst operating income jumped to GBP20.6 million (GBP18.1 million). Profit for the year shot up to GBP17.0 million (GBP9.1 million). In addition, headline earnings per share lowered to GBP9.34 pence per share (GBP9.58 pence per share).



Dividend

Following the interim distribution paid to shareholders of GBP4.5 pence per share, the board of directors of Atlantic Leaf announced a final dividend of GBP4.6 pence per share for the six months ended 28 February 2018 bringing the annual distribution to GBP9.1 pence per share, an increase of 7% over the 2017 distribution of GBP8.5 pence per share. This distribution is in line with guidance given to the market.



Results presentation

Management will be presenting the Full Year results at 11:30 CAT on 20 April 2018 via live webcast and can be viewed on themediaframe.eu/links/atlanticleaf180420.html



Alternatively, the presentation may be accessed via the conference call numbers below:

*Johannesburg: 011 535 3600

*South Africa (Toll Free): 0800 200 648

*UK (Toll Free): 0 808 162 4061

*International: +27 11 535 3600



Company outlook

The board believes that a solid, stable foundation is in place and that Atlantic Leaf could add further assets over the coming year by leveraging off its strong existing networks. Management is also active in extracting additional value from our current portfolio.



The forecast distribution for the 2018/19 financial year is GBP9.55 pence per share. The forecast is based on the current leases and current debt including the portion of interest that has been fixed. It also assumes that a re-gear of some of the existing debt due for maturity at similar terms and that cash from the re-gear will be deployed in further acquisitions.
26-Mar-2018
(Official Notice)
Shareholders are advised that on 23 March 2018, Atlantic Leaf, through its wholly-owned subsidiary Trido Ltd. (collectively, ?Atlantic Leaf?), concluded agreements and simultaneously completed the acquisition of a multi-let industrial and office property known as Deacon Park in Knowsley, United Kingdom (the ?Property?) from JCAM Commercial Real Estate Property XVI Ltd. (the ?Seller?) (the ?Transaction?).



Salient terms of the transaction

The net purchase consideration (excluding transaction related costs) for the Transaction is GBP14 911 100 being GBP15 430 000 less GBP 518 900 representing the principal rent which would have been payable pursuant to the leases but for the unexpired rent free, concessionary or discounted rent period in these occupational leases (the ?Net Purchase Consideration?). The Net Purchase Consideration and transaction related costs will be settled through a combination of cash and debt funding. It is however intended that additional equity could be raised at an appropriate time in the future to replenish Atlantic Leaf?s cash reserves used to fund this acquisition.



All conditions precedent relating to the Transaction have been completed. The Seller has provided normal warranties and indemnities for a transaction of this nature.



Categorisation of the transaction

The Transaction is classified as a category 2 transaction in terms of paragraph 9.5(a) of the JSE Listings Requirements and accordingly does not require approval by Atlantic Leaf?s shareholders. The Transaction constitutes an undertaking in the ordinary course of business of Atlantic Leaf and therefore does not fall under the scope of Chapter 13 of the Listing Rules of the Stock Exchange of Mauritius Ltd (?SEM?).

07-Mar-2018
(Official Notice)
Shareholders are advised that the resolution tabled at the general meeting of shareholders held on Wednesday, 7 March 2018 (in terms of the notice of general meeting dispatched to shareholders on 2 February 2018) was passed by the requisite majority of Atleaf shareholders.
02-Feb-2018
(Official Notice)
Shareholders are advised that a circular relating to a general authority to issue shares for cash, together with a notice convening a general meeting, was posted to shareholders on 2 February 2018. The circular is available on the company?s website, www.atlanticleaf.mu.



The company has utilised the majority of its general authority to issue shares for cash as approved by shareholders at the company?s annual general meeting held on 29 June 2017 and therefore wishes to renew said general authority.



A general meeting of Atleaf shareholders will be held at 10:00 on Wednesday, 7 March 2018 at the registered office of Atleaf at c/o Intercontinental Trust Ltd., Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius, for the purpose of considering and, if deemed fit, passing, with or without modification, the resolution required to approve the general authority to issue shares for cash.
11-Jan-2018
(C)
Revenue for the quarter increased to GBP6.0 million (2016: GBP5.3 million). Profit after taxation grew to GBP4.3 million (2016: GBP3.7 million). Furthermore, headline earnings per share came to GBP2.56 pence per share (2016: GBP2.66 pence per share).



Company prospects

The Company remains on track to achieve its forecast full year distribution of GBP9.1 pence per share, which would represent an increase of 7.1% over the prior year. This forecast is based on the Company's current portfolio, and no material change in market conditions. This forecast has not been reviewed by the Company's external auditors.



The UK commercial property sector remains very active. The strong forward property yield of 7.3% on the Company's portfolio is underpinned by quality commercial and industrial properties in excellent regional locations throughout the United Kingdom.

21-Dec-2017
(Official Notice)
11-Dec-2017
(Official Notice)
Atlantic Leaf shareholders are referred to the various announcements made by the Company and by Vukile Property Fund Ltd. (?Vukile?) in respect of the mandatory offer by Vukile for all the voting shares in Atlantic Leaf not already owned by Vukile, the last of which was in respect of the posting of the reply document to Atlantic Leaf shareholders in response Vukile mandatory offer on Friday, 24 November 2017.



Atlantic Leaf shareholders are accordingly advised that the mandatory offer closed on Friday, 8 December 2017 at 12:00 South African time (14:00 Mauritian time) and the mandatory offer was accepted in respect of 7 489 Atlantic Leaf shares, being 0.004% of all Atlantic Leaf shares currently in issue. Accordingly, Vukile now holds 65 958 606 Atlantic Leaf shares constituting 34.9% of the issued share capital of Atlantic Leaf.



Atlantic Leaf shareholders who accepted the mandatory offer will have the offer consideration paid in accordance with the settlement timetable set out in the Vukile mandatory offer document.



Atlantic Leaf holds primary listings on both the Official Market of the Stock Exchange of Mauritius Ltd and on the Main Board of the JSE Ltd..

05-Dec-2017
(Official Notice)
Atlantic Leaf shareholders are referred to the dividend declaration announced on Thursday, 12 October 2017 and are advised that shareholders on the South African share register will receive their cash dividend in ZAR, converted from GBP at an exchange rate of GBP1.00: ZAR18.07. Accordingly, the cash dividend of GBP 4.50 pence per share will be equal to ZAR81.315 cents per share.



The information provided in this paragraph is only of direct application to shareholders on the South African share register. The gross local dividend amount is ZAR81.315 cents per share for shareholders exempt from paying South African dividends tax. The net local dividend amount is ZAR65.052 cents per share for shareholders liable to pay dividends tax at the rate of 20%.



There is no withholding tax payable in Mauritius.



The salient dates and times announced on Friday, 3 November 2017 remain unchanged.
24-Nov-2017
(Official Notice)
Atlantic Leaf shareholders are referred to the various announcements made by the company and by Vukile Property Fund Limited (?Vukile?) in respect of the mandatory offer by Vukile for all the voting shares in Atlantic Leaf not already owned by Vukile, the last of which was in respect of the posting of the Vukile mandatory offer document to Atlantic Leaf shareholders on Friday, 3 November 2017.



Atlantic Leaf shareholders are accordingly advised that in accordance with Rule 18 of the Mauritian Securities (Takeover) Rules 2010, the reply document by the board of directors of the company has been issued and posted to Atlantic Leaf shareholders today, Friday, 24 November 2017. The reply document has been prepared for the purpose of enabling Atlantic Leaf shareholders to reach an informed decision about the offer.



The reply document is available on the company?s website, www.atlanticleaf.mu and copies may be obtained from the registered office of Atlantic Leaf (c/o Intercontinental Trust Ltd., Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius) during normal business hours up to Friday, 8 December 2017.
13-Nov-2017
(Official Notice)
The Board of Directors (the ?Board?) of Atleaf announced that on 13 November 2017 the Listing Executive Committee of the SEM has granted the authority to issue and list up to 121 400 681 additional ordinary shares of the Company at a price per share to be decided by the Board in line with the authority granted by shareholders, at the time any such issue and listing is undertaken (?additional shares?).



The Company?s strategy, as detailed in the new Listing Particulars dated 13 November 2017, is to invest in a portfolio of fixed property assets, which it will own either directly or through subsidiaries, and in listed and unlisted shares and securities of real estate companies. Any additional capital to be raised through the issue of the additional shares will be used by Atleaf to invest in accordance with the Company?s strategy and investment policy, as and when investment opportunities arise.



As required by the Listing Rules of the SEM, the new Listing Particulars of the Company, will be made available for inspection for at least 10 business days, during normal office hours (from 9 a.m. to 5 p.m. Mauritian time) at the registered office of the Company which is situated at c/o Intercontinental Trust Ltd., Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius. The new Listing Particulars will also be available on the Company?s website, www.atlanticleaf.mu.
03-Nov-2017
(Official Notice)
17-Oct-2017
(Official Notice)
At the annual general meeting of Atleaf shareholders held on Thursday, 29 June 2017, the requisite majority of shareholders approved an ordinary resolution authorising the directors of the Company to issue up to 21 400 681 shares (being 15% of the issued share capital) for cash in accordance with paragraph 5.52 of the JSE Listings Requirements (?General Authority?).



Shareholders are hereby advised that on 13 September 2017, the Company issued 16 291 986 new shares at an issue price of R17.60 per share, being at a premium of 4.43427% to the 30 day VWAP pursuant to an accelerated book build, which issue of shares for cash exceeds 5% of Atleaf?s shares in issue pursuant to the General Authority.



The proceeds of the accelerated bookbuild were used to fund the acquisition of 45.02% of the units in LMP Retail Warehouse JV Property Unit Trust which holds a portfolio of 11 retail warehouse and industrial properties in the United Kingdom leased to DFS Trading Ltd. as well as 50% of the shares in LMP Retail Warehouse JV Management Ltd., the management business that manages the portfolio and to fund the acquisition of listed securities.
12-Oct-2017
(Official Notice)
The board of Atleaf announced an interim dividend of GBP4.5 pence per share for the six months ended 31 August 2017. Further information regarding the interim dividend, including salient dates and exchange rates, will be announced in due course on or around 31 October 2017.
12-Oct-2017
(C)
Revenue for the interim period rose to GBP12.0 million (GBP10.3 million) whilst operating income grew to GBP10.4 million (GBP8.5 million). Profit was higher at GBP6.4 million (GBP5.2 million). Furthermore, headline earnings per share improved to GBP4.96 pence per share (4.77 pence per share).



Dividend

The board of Atleaf announced an interim dividend of GBP4.5 pence per share for the six months ended 31 August 2017. Further information regarding the interim dividend, including salient dates and exchange rates, will be announced in due course on or around 31 October 2017.



Company prospects

As announced on 12 September 2017, the company is expecting to achieve the forecasted full year distribution of 9.1 GBP pence per share, which would represent a 7.1% increase on the prior year. This forecast is based on the current portfolio, the investment of the surplus cash and no material change in market conditions. This forecast has not been reviewed by the external auditors.



The UK commercial property sector remains very active despite the uncertainty around BREXIT. Demand is strong and the Company is confident that it will be successful in continuing to grow its property assets under management which now exceed GBP 350 million (2016: GBP 264 million).



The strong forward property yield of 7.3% on our portfolio is underpinned by high quality commercial and industrial properties in excellent regional locations throughout the United Kingdom with long term leases from high quality tenants.
20-Sep-2017
(Official Notice)
In terms of the accelerated book build that was undertaken by Atleaf on 13 September 2017, Vukile Property Fund Ltd. (?Vukile?) acquired 23,152,709 new ordinary shares of Atleaf on 20 September 2017, thereby increasing its shareholding in the Company from 29.99% to 34.9%. Consequently, the Board of directors (the ?Board?) of Atleaf has been notified by Vukile on 20 September 2017, that the above new subscription of shares has triggered a mandatory offer in accordance with Rule 33(1)(b) of the Mauritian Securities (Takeover) Rules 2010 (the ?Takeover Rules?).



The Board has also been notified by Vukile of its firm intention to make a mandatory offer to acquire all the voting shares not already held by Vukile (the ?Minority Shares?) for a cash consideration of R17.60 (GBP 1.015) per share (the ?Offer Price?) (the ?Offer?), which price has been determined in accordance with Rule 14(2) of the Takeover Rules.



Shareholders and the public in general are hereby informed that Vukile will make the Offer which shall remain open for at least 35 days but shall not exceed 60 days following the date of communication of the Offer document to the holders of the Minority shares, in compliance with Rule 20(1) of the Takeover Rules. The Offer document will be issued in due course.



Vukile has further confirmed that it has sufficient financial resources available to satisfy the acceptance of the Offer.
13-Sep-2017
(Official Notice)
Shareholders are advised that Atleaf has closed its book build announced earlier today, 13 September 2017.



In light of strong demand, the amount of capital raised was increased to approximately GBP47 million (equivalent to approximately ZAR815 million) through the placing of 46 305 419 new shares at a price of GBP1.015 per share on the Mauritian register and ZAR17.60 per share on the South African register (the ?new Atlantic Leaf shares?).



Subject to approval by the JSE Ltd. (?JSE?) and the Stock Exchange of Mauritius Ltd. (?SEM?), listing and trading of the new Atlantic Leaf shares on the JSE and SEM are expected to commence at the opening of trade on Wednesday, 20 September 2017. Investors will have their securities accounts credited with the new Atlantic Leaf shares on Wednesday, 20 September 2017.



Following the issue of the new Atlantic Leaf shares, the company will have a total of 188 976 628 shares in issue.



Java Capital acted as sole bookrunner.
13-Sep-2017
(Official Notice)
Atleaf announces an equity raising of approximately GBP30 million (approximately ZAR511 million) through the issue of new ordinary shares (the ?equity raise?). The equity raise is subject to the requirements of the company?s Constitution, the Listings Requirements of the JSE Ltd. (?JSE?) and the Listing Rules of the Stock Exchange of Mauritius Ltd. (?SEM?).



The equity raise will be offered to qualifying investors through an accelerated book build process (the ?book build?) conducted on the JSE and SEM. Investors may elect to subscribe for ordinary shares on the South African register in ZAR or elect to subscribe for ordinary shares on the Mauritian register in GBP. The new shares, when issued, will be credited as fully paid and will rank pari passu in all respects with the existing shares and will be fully fungible with effect from listing.



As indicated in the announcement released to the market on 12 September 2017, Vukile Property Fund Ltd. has pre-committed to apply for up to GBP25 million worth of Atleaf shares in the book build.



The equity raised will be utilised to both fund the recently announced acquisition of 45.02% of the units in LMP Retail Warehouse JV Property Unit Trust which holds a portfolio of 11 DFS Trading Limited furniture retail warehouse and industrial properties in the United Kingdom (?the acquisition?) and in furtherance of the company?s investment strategies. The book build is now open and the company reserves the right to increase the size of the equity raise and close it at any time. The equity raise is subject to pricing acceptable to Atleaf. Pricing and allocations will be announced as soon as practicable following the closing of the book build.
12-Sep-2017
(Official Notice)
31-Aug-2017
(Official Notice)
Shareholders are advised that Atlantic Leaf is currently in negotiations, which if successfully concluded, may have a material effect on the price of the company?s securities. Accordingly, shareholders are advised to exercise caution when dealing in the company?s securities until a further announcement is made.

11-Jul-2017
(C)
Revenue for the quarter was higher at GBP6.0 million (GBP5.1 million). Operating income jumped to GBP5.2 million (GBP4.0 million). Profit for the period shot up to GBP3.3 million (GBP2.5 million). Furthermore, headline earnings per share improved to GBP2.54 pence per share (GBP2.22 pence per share).



Dividend paid

On 15 May 2017 the company paid the final dividend of GBP4.3 pence per share for the year ended 28 February 2017, bringing the annual distribution to GBP8.5 pence per share. The payment of the dividend has the effect of reducing reserves and hence the NAV per share which at reporting date now stands at GBP1.07 per share.



Annual General Meeting

The company held its Annual General Meeting of shareholders on 29 June 2017, and all resolutions were passed.



Company outlook

Whilst Brexit continues to create an uncertain outlook for the UK economy, the commercial property market has remained strong benefitting from a weaker sterling and buoyant demand. The company's management team has well progressed with a number of acquisition opportunities that will further diversify the company's asset base and contribute to the continued and sustainable growth in distributions to shareholders. The company remains on track to achieve a distribution of GBP9.00 pence per share for the full year to 28 February 2018 representing an increase of 6% over the previous year.
29-Jun-2017
(Official Notice)
Shareholders are advised that at the annual general meeting of the Company held on Thursday, 29 June 2017 (convened in terms of the notice of annual general meeting issued on 31 May 2017), all resolutions proposed thereat were passed by Atlantic Leaf shareholders who voted at the meeting.
31-May-2017
(Official Notice)
Shareholders are advised that the company's integrated report, incorporating the audited financial statements for the year ended 28 February 2017 (the ?Integrated Report?), was posted today, 31 May 2017 and contains no changes from the summarised audited financial statements for the year ended 28 February 2017, which were published on the website of the Stock Exchange of Mauritius Ltd (?SEM?) and on the Stock Exchange News Service (?SENS?) of the JSE Ltd (?JSE?) on 18 April 2017. A copy of the company's Integrated Report including the audit report is available on the company's website: www.atlanticleaf.mu.



Notice is hereby given that the annual general meeting of Atlantic Leaf shareholders will be held at the company's registered office, being c/o Intercontinental Trust Limited, Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius on Thursday, 29 June 2017 at 11h00 Mauritian time (09h00 South African time) to transact the business as stated in the notice of annual general meeting which is included in the Integrated Report.



The salient dates and times in relation to the annual general meeting are set out in the table below:

*Distribution of Integrated Report and notice of annual general meeting - Wednesday, 31 May 2017

*Record date to be recorded in the register in order to be entitled to vote at the annual general meeting - Friday, 23 June 2017

*Last day to lodge forms of proxy for the annual general meeting by 11h00 Mauritian time (09h00 South African time) - Wednesday, 28 June 2017

*Annual general meeting at 11h00 Mauritian time (09h00 South African time) - Thursday, 29 June 2017



02-May-2017
(Official Notice)
Atlantic Leaf shareholders are referred to the dividend declaration announced on Tuesday, 18 April 2017 and are advised that shareholders on the South African share register will receive their cash dividend in ZAR, converted from GBP at an exchange rate of GBP1.00: ZAR17.10. Accordingly, the cash dividend of 4.30 GBP pence per share will be equal to 73.53 ZAR cents per share.



The information provided in this paragraph is only of direct application to shareholders on the South African share register. The gross local dividend amount is 73.53 ZAR cents per share for shareholders exempt from paying South African dividends tax. The net local dividend amount is 58.824 ZAR cents per share for shareholders liable to pay dividends tax at the rate of 20% (following the increase in the dividend withholding tax from 15% to 20% with effect from 22 February 2017).



There is no withholding tax payable in Mauritius. The salient dates and times announced on Tuesday, 18 April 2017 remain unchanged. Atlantic Leaf holds primary listings on both the Official Market of the Stock Exchange of Mauritius Ltd and on the Main Board of the JSE Limited.
18-Apr-2017
(Official Notice)
The board of directors of the company informed the shareholders of Atlantic Leaf and the general public that the summarised financial statements for the year ended 28 February 2017 and declaration of GPB4.3 pence dividend announcement has been published and can be viewed on Atlantic Leaf?s website (www.atlanticleaf.mu).
18-Apr-2017
(Official Notice)
Shareholders are advised that the board of directors (?the board?) of Atlantic Leaf has approved and declared a cash dividend of GBP4.3 pence per share in respect of the six months ended 28 February 2017 out of the company?s distributable profits.



The salient dates for the dividend for shareholders on the South African and Mauritian registers are set out below:

*Announcement of GBP to Rand conversion rate on or before: Tuesday, 2 May 2017

*Last day to trade cum dividend: Tuesday, 9 May 2017

*Securities trade ex dividend: Wednesday, 10 May 2017

*Record date: Friday, 12 May 2017

*Payment date: Monday, 15 May 2017



Dematerialisation or rematerialisation of share certificates may not take place between Wednesday, 10 May 2017 and Friday, 12 May 2017 both days inclusive. Transfer of shares between sub-registers in Mauritius and South Africa may not take place between Tuesday, 2 May 2017 and Friday, 12 May 2017 both days inclusive. Shareholders on the South African sub-register will receive dividends in South African Rand, based on the exchange rate to be obtained by the company on or before Tuesday, 2 May 2017. A further announcement in this regard will be made on or before Tuesday, 2 May 2017.



South African shareholders are advised that the cash dividend will be regarded as a foreign dividend and may be subject to South African dividends withholding tax. On 22 February 2017, the South African withholding tax rate was increased from 15% to 20% and accordingly South African shareholders may to subject to a dividend withholding tax rate of 20%, unless an exemption as set out in the South African tax legislation applies.



The receipt of the cash dividend may have tax implications for shareholders who are resident in Mauritius or other countries other than South Africa. Atlantic Leaf shareholders are advised to consult their professional advisors regarding the tax consequence of the cash dividend should they be in any doubt as to the appropriate action they should take. There is no dividends withholdings tax in Mauritius.

At the date of this announcement, the issued share capital of the company is 142 671 209 ordinary shares of no par value.
18-Apr-2017
(C)
Revenue for the year shot up to GBP21.3 million (GBP9.2 million) and operating profit jumped to GBP18.1 million (GBP6.6 million). Profit for the year grew to GBP9.1 million (GBP5.4 million). Furthermore, headline earnings per share were higher at GBP9.58 pence per share (GBP6.19 pence per share).



Dividend

Following the interim distribution paid to shareholders of GBP4.2 pence per share, the board of directors of Atlantic Leaf ("the Board") is pleased to announce a final dividend of GBP4.3 pence per share for the year ended 28 February 2017 bringing the annual distribution to GBP8.5 pence per share, an increase of 21% over the 2016 distribution of GBP7 pence per share. This distribution is in line with the forecast given at the time of migrating the listing of Atlantic Leaf to the Main Board of the JSE Ltd. ("JSE").



Further information regarding the final dividend, including salient dates and exchange rates, will be announced separately.



Company outlook

The board believes that a solid foundation has been laid and that Atlantic Leaf has the ability to add further assets over the coming year, leveraging off its strong foundation and pipeline of opportunities in place.



On the migration of its listing to the Main Board of the JSE, the Group forecast earnings of 8.9 GBP pence per share for the 2017/18 financial year based on a static balance sheet which assumed no new purchases or disposals of assets. Taking into account transactions completed after migrating to the Main Board of the JSE, the forecast has been revised to 9.0 GBP pence per share for the 2017/18 financial year on a static basis.



The forecast is based on the current leases and the existing debt structure, including the portion of interest that has been fixed. We remain of the view that the forecast is achievable in the year ahead which would see further growth of at least 6% in our distribution for the 2017/18 year.



Management is also active in extracting additional value from our current portfolio and there are a number of specific acquisition opportunities under consideration that meet our criteria in terms of asset quality, location, covenant and yield.
31-Jan-2017
(Official Notice)
12-Jan-2017
(C)
Revenue for the quarter increased to GBP5.3 million (2015: GBP2.8 million). Profit for the year was higher at GBP3.7 million (2015: GBP1.4 million). Furthermore, headline earnings per share were recorded at GBP2.66 pence per share (2015: GBP1.93 pence per share).



Outlook

The company provides attractive distributions through active asset management of its portfolio and well considered acquisitions. The last quarter has focused on executing the recently announced transactions as well as the move of the JSE listing to the Main Board of the JSE.



Basic earnings per share of GBP7.17 pence for the 9 months, which includes the profit on sale of the Wombourne asset totalling GBP1 062 299 is 22% higher than the comparative period and it reflective of the growth the company has achieved over the last year.



The company is well positioned to achieve the full year forecast of an GBP8.5 pence dividend per share which would represent a 21% increase on the 2015/16 level. Given the increase in market activity we anticipate concluding further acquisitions in the next few months to fully deploy our capital base.



28-Oct-2016
(Official Notice)
Atlantic Leaf is pleased to announce that it has closed its book build launched on 27 October 2016. There was strong demand from investors and the Company successfully raised the targeted equity. Approximately GBP20 million (equivalent to approximately ZAR341 million) was raised through the placing of 18 788 395 new Atlantic Leaf shares through its South African and Mauritian registers at an issue price of ZAR18.14 and GBP1.07, respectively.



The new Atlantic Leaf shares are expected to list and trade on the JSE Limited and Official Market of the Stock Exchange of Mauritius Ltd from Wednesday, 9 November 2016. Investors will have their CSDP and CDS accounts credited with the new Atlantic Leaf shares on Wednesday, 9 November 2016. Following the issue of the new Atlantic Leaf shares, the Company will have a total of 142 671 209 shares in issue. The proceeds from the Equity Raise will be utilised to fund acquisitions and otherwise in furtherance of Atlantic Leaf?s investment strategy.

28-Oct-2016
(Official Notice)
Shareholders are advised that at the general meeting of the Company held earlier today (convened in terms of the notice of general meeting issued on 7 October 2016), the special resolution proposed thereat was passed by the requisite number of Atlantic Leaf shareholders.



Details of the results of voting at the annual general meetings are as follows:

*total number of Atlantic Leaf shares that could have been voted at the general meeting: 117 526 838

*total number of Atlantic Leaf shares that were present/represented at the general meeting: 109 908 910 being 93.52% of the total number that could have been voted at the general meeting.



Shareholders are referred to the announcement released on 17 October 2016, wherein shareholders were advised of the Company?s intention to transfer its JSE listing from the AltX to the Main Board of the JSE. The Company is pleased to announce that the JSE has approved the transfer of its listing from the AltX to the Main Board of the JSE with effect from Monday, 7 November 2016 (?the transfer?). The transfer will not affect the Company?s current listing on the Stock Exchange of Mauritius.



Following the transfer, the Company will be listed in the ?Real Estate ? Real Estate Holdings and Development? sector of the Main Board of the JSE, sector number 8633. Atlantic Leaf shares will commence trading on the Main Board of the JSE with effect from Monday, 7 November 2016.



Atlantic Leaf currently has primary listings on both the Official Market of the SEM and the AltX of the JSE. Following the transfer, Atlantic Leaf will have primary listings on both the Official Market of the SEM and the Main Board of the JSE

28-Oct-2016
(Official Notice)
Atlantic Leaf announced that it has closed its book build launched on 27 October 2016.



There was strong demand from investors and the company successfully raised the targeted equity.



Approximately GBP20 million (equivalent to approximately ZAR340 million) was raised through the placing of 18 767 506 new Atlantic Leaf shares through its South African and Mauritian registers at an issue price of ZAR18.14 and GBP1.07, respectively.



The new Atlantic Leaf shares are expected to list and trade on the JSE Ltd. and Official Market of the Stock Exchange of Mauritius Ltd. from Wednesday, 9 November 2016.



Investors will have their CSDP and CDS accounts credited with the new Atlantic Leaf shares on Wednesday, 9 November 2016.



Following the issue of the new Atlantic Leaf shares, the company will have a total of 142 650 320 shares in issue.



The proceeds from the Equity Raise will be utilised to fund acquisitions and otherwise in furtherance of Atlantic Leaf?s investment strategy.



Leaf Capital acted as sole bookrunner.

27-Oct-2016
(Official Notice)
25-Oct-2016
(Official Notice)
Atlantic Leaf shareholders are referred to the interim dividend declaration announced on Tuesday, 11 October 2016 and are advised that shareholders on the South African share register will receive their cash dividend in ZAR, converted from GBP at an exchange rate of GBP1.00: ZAR16.91760. Accordingly, the cash dividend of GBP4.20 pence per share will be equal to ZAR71.05392 cents per share.



The information provided in this paragraph is only of direct application to shareholders on the South African share register. The gross local dividend amount is ZAR71.05392 cents per share for shareholders exempt from paying South African dividends tax. The net local dividend amount is ZAR60.39583 cents per share for shareholders liable to pay dividends tax at the rate of 15%.



There is no withholding tax payable in Mauritius.



The salient dates and times announced on Tuesday, 11 October 2016 remain unchanged.



25-Oct-2016
(Official Notice)
Shareholders are advised that Atlantic Leaf concluded agreements for the disposal of the industrial warehouse located at Heath Mill Road, Wombourne, United Kingdom (the ?Property?) held through wholly owned subsidiary ALP Guernsey Ltd. to FWRE Ltd. (the ?Purchaser?) (the ?Disposal?) for an aggregate consideration of GBP11.3 million (the ?Consideration?).



Rational and use of proceeds

The Disposal represents an opportunity for Atlantic Leaf to realise an attractive sale price, which represents an exit IRR of over 30% (after all transaction related costs) on the initial equity investment.



The proceeds of the Disposal will be used to settle debt funding (GBP6.7 million with an all-in funding cost of 3.8%) related to the Property and to strengthen the company?s cash position, which, when opportune, will be used to acquire properties that are in line with Atlantic Leaf?s strategy of acquiring quality income generating property assets.



The Disposal highlights the continued resilience of the UK property market in a challenging economic environment post the British European referendum vote.



Salient terms of the disposal and condition precedent

The Consideration excludes transaction related costs of GBP351 700 (which includes interest rate swap break costs). The legal agreements relating to the Disposal contain warranties that are typical for a transaction of this nature. All conditions precedent, save for payment of the Consideration by the Purchaser, have been satisfied and the effective date of the Disposal is expected to be 14 November 2016.



The board of directors of Atlantic Leaf is satisfied that the aggregate value attributed to the Property is in line with the Consideration. The directors of the company are not independent and are not registered as professional valuers or as professional associate valuers in terms of the Property Valuers Profession Act, No 47 of 2000.



Categorisation of the disposal

The Disposal is classified as a category 2 transaction in terms of paragraph 9.5(a) of the JSE Listings Requirements and accordingly does not require approval by Atlantic Leaf?s shareholders. The Disposal constitutes an undertaking in the ordinary course of business of Atlantic Leaf and therefore does not fall under the scope of Chapter 13 of the SEM Listing Rules.



24-Oct-2016
(Official Notice)
Shareholders are advised that Atlantic Leaf will be meeting with potential investors during the course of this week, with a view to raising new equity capital. An investor presentation has been prepared and is available on the company?s website - www.atlanticleaf.mu (Investor Relations ? Presentations).



This announcement is not an invitation to the public to subscribe for shares in the company and is provided for information purposes only.



Atlantic Leaf has its primary listings on both the Official Market of the Stock Exchange of Mauritius Ltd. and the Alternative Exchange of the JSE Ltd.





21-Oct-2016
(Official Notice)
17-Oct-2016
(Official Notice)
Atlantic Leaf currently holds primary listings on both the Stock Exchange of Mauritius Ltd. (?SEM?) and the Alternative Exchange (?AltX?) of the JSE. The Company intends transferring its JSE listing from the AltX to the Main Board of the JSE, subject to JSE approval.



In order to transfer its listing to the Main Board of the JSE, the Company is required, in terms of the JSE Listings Requirements, to publish a forecast statement of comprehensive income for the current financial year ending 28 February 2017 and the financial year ending 28 February 2018.



The purpose of this announcement is to present such forecast statement of comprehensive income, including the notes thereto (the ?Forecast?). The Forecast was reported on by Mazars (South Africa), who have issued an unmodified independent reporting accountants? report (the ?Report?). The Forecast and Report have been published and are available on the Company?s website at www.atlanticleaf.mu/investors/announcements/. Alternatively, they are available for inspection at the Company?s registered office being at c/o Intercontinental Trust Ltd., Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius. Mazars (South Africa) has consented in writing to act as reporting accountant and has not withdrawn their consent prior to the publication of this announcement.



Atlantic Leaf will publish a further announcement confirming JSE formal approval and the date of the Company?s transfer to the Main Board of the JSE.
11-Oct-2016
(C)
Revenue for the year came to GBP10.3 million (GBP2.4 million). Net property income shot up to GBP9.9 million (GBP2.2 million). Profit for the year grew to GBP5.2 million (GBP1.8 million). In addition, headline earnings per share increased to GBP4.77 pence per share (GBP1.63 pence per share).



Dividend

Shareholders are advised that the board of directors ("the Board") of Atlantic Leaf has approved and declared a cash dividend of GBP4.2 pence per share in respect of the six months ended 31 August 2016.



Migration to the main board of the JSE

The Company's intention to migrate its listing to the Main Board of the JSE is on track and is expected to take place in the current quarter, subject to JSE approval. As announced on the SENS and SEM on Friday 7 October 2016, the Company has called a General Meeting of shareholders to approve amendments to the Property Services Agreement ("PSA") to align the terms of the PSA with the JSE Listings Requirements applicable to issuers with a primary listing and to adopt the amended PSA. Should shareholders approve the resolution at the General Meeting, Atlantic Leaf will make the formal application to migrate to the Main Board of the JSE.



Outlook

The Company aims to provide an attractive distribution through active asset management of its portfolio and well considered acquisitions. The last quarter has focussed on bedding down our recent acquisitions which are all performing as expected. The Company is well positioned to achieve the full year forecast of an 8.5 GBP pence dividend per share which would represent a 21% increase on the 2015/16 level. Given the increase in market activity we hope to be able to conclude further acquisitions in the next few months.





07-Oct-2016
(Official Notice)
22-Sep-2016
(Official Notice)
The Board of Directors of Atlantic Leaf, which is listed on the Official Market of the Stock Exchange of Mauritius Ltd. (?SEM?) and the Alternative Exchange of the JSE Ltd. (?AltX?), is pleased to announce that the Listing Executive Committee of the SEM has approved on 22 September 2016, the issue and listing of up to 100 000 000 additional ordinary shares of the Company at a price per share to be decided by the Board of Directors in line with the authority granted by shareholders, at the time any such issue and listing is undertaken.
12-Aug-2016
(Official Notice)
Shareholders are advised that as a result of both the volume and value of shares traded on the South African share register having exceeded 50% of the total volume and value of shares traded on both the Mauritian and South African share registers over the past twelve months, the JSE will convert Atlantic Leaf?s listing status from a secondary listing on the Alternative Exchange of the JSE (?AltX?) to a primary listing effective from 16 August 2016 pursuant to JSE Listing Requirement 18.21.



Currently, Atlantic Leaf has its primary listing on the Stock Exchange of Mauritius and holds a secondary listing on the AltX. From 16 August 2016, Atlantic Leaf will hold primary listings on both the Stock Exchange of Mauritius and the AltX.
12-Jul-2016
(C)
Revenue increased to GBP5.1 million (May 2015: GBP1 million), while total comprehensive income came in at GBP2.9 million (May 2015: GBP457 991). In addition, headline earnings per share per share was higher at GBP2.22pps (May 2015: GBP1.35pps).



Outlook

The first quarter results are in line with management forecasts. All acquisitions announced last year have now been completed, are performing well and are reflected in the results for the quarter. Our total assets currently stand at GBP274m up from GBP49m a year ago. We continue to search for investment opportunities that meet our investment criteria. Whilst the UK market is challenging given the volatility being experienced post the Brexit vote, once the market has settled, this could prove to provide good opportunities. The company's gearing remains conservative at 50% loan to value and its lease profile and quality of the tenants, positions the company well to deal with the current market volatility.
27-Jun-2016
(Official Notice)
Shareholders are advised that at the annual general meeting of the Company held on Monday, 27 June 2016 (convened in terms of the notice of annual general meeting issued on 27 May 2016), all ordinary and special resolutions proposed thereat were passed by Atlantic Leaf shareholders who voted at the meeting.



Details of the results of voting at the annual general meetings are as follows:

* total number of Atlantic Leaf shares that could have been voted at the annual general meeting: 123 882 814

* total number of Atlantic Leaf shares that were present/represented at the annual general meeting: 113 462 599 being 91.59% of the total number of Atlantic Leaf shares that could have been voted at the annual general meeting.

27-May-2016
(Official Notice)
Shareholders are advised that the company?s integrated report, incorporating the audited financial statements for the year ended 28 February 2016 (the ?Audited 2016 AFS?), was posted today, 27 May 2016 and contains no changes from the abridged audited financial statements for the year ended 28 February 2016, which were published on the website of the Stock Exchange of Mauritius Ltd (?SEM?) and on SENS on 12 April 2016. A copy of the company?s integrated report including the audit report is available on the company?s website: www.atlanticleaf.mu.



Notice is hereby given that the annual general meeting of Atlantic Leaf shareholders will be held at the company?s registered office, being c/o Intercontinental Trust Limited, Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius on Monday, 27 June 2016 at 11h00 Mauritian time (09h00 South African time) to transact the business as stated in the notice of annual general meeting which is included in the integrated report.



The salient dates and times in relation to the annual general meeting are set out in the table below:

*Distribution of integrated report and notice of annual general meeting -- Friday, 27 May 2016

*Record date to be recorded in the register in order to be entitled to vote at the annual general meeting -- Friday, 17 June 2016

*Last day to lodge forms of proxy for the annual general meeting by 11h00 Mauritian time (09h00 South African time) -- Friday, 24 June 2016

*Annual general meeting at 11h00 Mauritian time (09h00 South African time) -- Monday, 27 June 2016
16-May-2016
(Official Notice)
28-Apr-2016
(Official Notice)
Atlantic Leaf shareholders are referred to the final dividend declaration announced on Tuesday, 12 April 2016 and the notice to shareholders published on Wednesday, 20 April 2016 and are advised that shareholders on the South African share register will receive their cash dividend in ZAR, converted from GBP at an exchange rate of GBP1.00:ZAR21.0878. Accordingly, the cash dividend of GBP4.00 cents per share will be equal to ZAR84.35120 cents per share.



Shareholders who elect to receive the share distribution instead of the cash dividend will be entitled to 3.704 new Atlantic Leaf shares for every 100 Atlantic Leaf shares held by the shareholder at the record date, being Friday, 13 May 2016.



The information provided in this paragraph is only of direct application to shareholders on the South African share register. The gross local dividend amount is ZAR84.35120 cents per share for shareholders exempt from paying South African dividends tax. The net local dividend amount is ZAR71.69852 cents per share for shareholders liable to pay dividends tax at the rate of 15%.



There is no withholding tax payable in Mauritius.



The salient dates and times announced on Wednesday, 20 April 2016 remain unchanged.
20-Apr-2016
(Official Notice)
18-Apr-2016
(Official Notice)
The board of directors (the ?Board?) of Atlantic Leaf announced that, on 18 April 2016, the Stock Exchange of Mauritius Ltd. (?SEM?) approved the issue and listing of up to 4 570 999 new Atlantic Leaf shares that may be issued to existing shareholders who elect to receive a share distribution in lieu of cash dividend. Further details relating to such dividend election will be announced in due course.



As required by the Listing Rules of the SEM, copies of the Third Supplement to the Listing Particulars relating to this further issue of shares and the Listing Particulars of the company, will be made available for inspection for at least 10 business days from 18 April 2016, during normal office hours (from 9 a.m. to 5 p.m. Mauritian time) at the registered office of the company which is situated at c/o Intercontinental Trust Ltd, Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius. Atlantic Leaf has its primary listing on the Official Market of the SEM and a secondary listing on the Alternative Exchange of the JSE Ltd.
12-Apr-2016
(Official Notice)
The board informed the shareholders of Atlantic Leaf and the general public that the abridged audited financial statements of the company for the year ended 28 February 2016 have been published and can be viewed on the company?s website (www.atlanticleaf.mu).
12-Apr-2016
(Official Notice)
Shareholders are advised that the board of directors (?the board?) of Atlantic Leaf has declared a final distribution of GBP4 pence per share in respect of the year ended 28 February 2016.



Subject to final regulatory approvals, shareholders will be given the option to receive their dividend either in cash or as a scrip dividend at a ratio of 3.704 new shares for every 100 shares held. A cash dividend will be paid to shareholders unless shareholders elect to receive a scrip dividend.



Shareholders on the South African share register who elect to receive a cash dividend will receive their dividend in South African Rands. Further information on the date of payment, exchange rate to be used and the dividend election circular, accompanied by announcements on the Stock Exchange News Service (?SENS?) of the JSE Ltd. (?JSE?) as well as the website of the Stock Exchange of Mauritius Ltd. (?SEM?) will be issued in due course.
12-Apr-2016
(C)
Revenue for the year came to GBP9.2 million (nil). Net property income shot up to GBP6.6 million (loss of GBP0.5 million). Profit for the year shot up to GBP5.4 million (GBP1.4 million). In addition, headline earnings per share lowered to GBP6.19 pence per share (GBP7.20 pence per share).



Dividend

Following the interim distribution paid to shareholders of GBP3 pence per share, the board announced a final dividend of GBP4 pence per share for the year ended 28 February 2016.



Subject to final regulatory approvals, shareholders will be given the option to receive their dividend either in cash or as a scrip dividend at a ratio of 3.704 new shares for every 100 shares held. A cash dividend will be paid to shareholders unless shareholders elect to receive a scrip dividend.



Further information regarding the final dividend, including salient dates and exchange rates, will be announced in due course.



Company outlook

Management believes that a solid foundation has been laid and that the company has the ability to add further assets over the coming year, leveraging off the strong pipeline of opportunities in place.



The company remains focused on providing an attractive distribution yield through active asset management and disciplined acquisitions. All assets held are fully income producing and with debt in place at attractive rates (approximately 75% of which is fixed), the company is well positioned to achieve a growth in the annual distribution for 2016/17. Based on the current leases, the existing debt structure, including the portion of interest that has been fixed, the company is targeting an GBP8.5 pence per share distribution for 2016/17 which would represent a 21% increase on the 2015/16 level. This forecast has not been reviewed or reported on by the company's auditors.
01-Mar-2016
(Official Notice)
Shareholders are referred to the cautionary announcement released on 19 January 2016 and the announcement of the acquisition of a UK based property portfolio released on 9 February 2016 and are advised that as all details relating to the acquisition have been announced, shareholders no longer need to exercise caution when dealing in the Company?s securities.

15-Feb-2016
(Media Comment)
Business Day reported that Atlantic Leaf intended to move to the JSE?s main board later this year. CEO Paul Leaf-Wright commented that he believed the company could attract bigger institutional investors if it had a listing on the main board. The property investment group raised GBP49.5 million in capital at the beginning of February. "This year has seen a volatile start to global capital markets, and the company?s ability to successfully complete this round of funding is a big vote of confidence from, in particular, South African property investors in the management team, and Atlantic Leaf?s strategy," he said. The new capital raised would immediately be deployed into six UK-based assets, including three industrial properties and three commercial office properties, for a gross consideration of GBP107.8 million, including costs.
09-Feb-2016
(Official Notice)
04-Feb-2016
(Official Notice)
Further to the announcement released on the website of the Stock Exchange of Mauritius Ltd (?SEM?) and the Stock Exchange News Service (?SENS?) of the JSE Limited (?JSE?) on Friday, 22 January 2016, wherein Atlantic Leaf announced that:

*it had received the approval of the Listing Executive Committee of the SEM to issue an additional 65 594 555 ordinary shares (the ?Additional Shares?) of the company; and

*the company required shareholder approval prior to issuing and allotting all or a portion of the Additional Shares,

the directors of Atlantic Leaf are pleased to announce that the company has obtained the requisite approval of the shareholders of the company through a special written resolution passed by shareholders holding at least 75% of the issued shares of the company (the ?New Authority?).



Previous authority to issue new shares

Prior to this announcement the company had received authority from the Listing Executive Committee of the SEM (obtained on 26 May 2015) and from the shareholders of the company (obtained on 12 June 2015) to issue and list up to 100 000 000 ordinary shares by way of private placement (the ?Existing Authority?). Under the Existing Authority, 46 594 555 ordinary shares have already been issued, resulting in the company having remaining authority to issue a further 53 405 445 ordinary shares (in terms of the Existing Authority).



Combined authority to issue new shares

Atlantic Leaf has now obtained, in terms of the New Authority and the Existing Authority, the requisite approvals required in terms of the SEM Listing Rules and the company?s constitution to issue and allot up to 120 000 000 new ordinary shares.



This announcement is not an invitation to the public to subscribe for shares in the company and is provided for information purposes only.



Atlantic Leaf has its primary listing on the SEM and a secondary listing on the AltX of the JSE.



22-Jan-2016
(Official Notice)
19-Jan-2016
(Official Notice)
Shareholders are advised that Atlantic Leaf is considering a material acquisition of a portfolio of UK-based property assets.



If concluded, the acquisition is expected to be funded by a combination of debt and new equity capital. In this regard the executives of Atlantic Leaf will be meeting with potential investors during the course of the next two weeks. An investor presentation has been prepared and is available on the Company?s website ? www.atlanticleaf.mu (Investor Relations ? Presentations)



Due to the size and potential impact of the acquisition on the Company, Atlantic Leaf shareholders are advised to exercise caution when trading in the shares of the Company until a further announcement in relation to the potential acquisition is made.
12-Jan-2016
(Official Notice)
The board informed the shareholders of Atlantic Leaf and the general public that the abridged unaudited financial statements of the company for the three months and nine months ended 30 November 2015 have been published and can be viewed on the company?s website (www.atlanticleaf.mu).
12-Jan-2016
(C)
Income for the quarterly period jumped to GBP1.6 million (GBP0.3 million). Profit for the period also shot up to GBP1.4 million (GBP0.2 million). In addition, headline earnings per share grew to GBP1.93pps (GBP1.33pps).



Dividend paid

The dividend of GBP3 pence per share declared at the six months? results, was paid in December 2015. Shareholders were given the option to receive their dividend as cash or as a scrip dividend and as a result, 372 657 new shares were issued to existing shareholders. Cash dividends of approximately GBP1.45 million were paid.



Company outlook

In line with the strategy to grow the asset base of the company, there are a number of potential transactions that the company is evaluating which we are hopeful of completing before the year end. Management is on track to meet its projected distribution of GBP7 pence per share for the full 2015/16 year.
21-Dec-2015
(Official Notice)
Shareholders are referred to the previous announcements, the last of which was released on SENS and on the website of the Stock Exchange of Mauritius Ltd. (?SEM?) on Thursday, 3 December 2015, in respect of the election by shareholders to receive a share distribution by way of an issue of 2.778 new Atlantic Leaf shares for every 100 Atlantic Leaf shares held on the record date, being Friday, 18 December 2015 (?share distribution?) at an issue price of GBP 1.08 per share or a cash dividend of GBP 3.00 pence per share (65.24220 ZAR cents per share for shareholders on the South African share register) (?cash dividend?) in respect of the six months ended 31 August 2015.



Following completion of the election, the company hereby announces that in respect of the share distribution, a total of 354 025 new Atlantic Leaf shares (out of a maximum of 1 710 444 new Atlantic Leaf shares if all shareholders had elected to receive the share distribution) will be issued on market as listed shares on Monday, 21 December 2015 on the JSE and the SEM. The new Atlantic Leaf shares issued in respect of the share distribution will upon their issue be fully paid up and will rank pari passu in all respects with existing Atlantic Leaf shares in issue and will be fully fungible with effect from the date of listing.



As a result of the new Atlantic Leaf shares to be issued in respect of the share distribution, the company has issued a further 18 632 new Atlantic Leaf shares (?APIL Shares?) to Atlantic Property Investments Ltd. at an issue price equivalent to that of the share distribution (being GBP 1.08 per share), pursuant to the Funded Carry arrangement and Facility Agreement as detailed in the announcement made by the company on 25 February 2015. Through the issue of the APIL Shares, the company has raised approximately GBP 20,122.56 through the company?s Mauritian share register.



Following the issue of the new Atlantic Leaf shares and the APIL Shares, the total issued share capital of the company will increase to 79 179 442 ordinary shares of no par value each. Therefore, the total number of voting rights in Atlantic Leaf will be 79 179 442 with effect from Monday, 21 December 2015, 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 in, or a change to their interest in, Atlantic Leaf.
03-Dec-2015
(Official Notice)
Atlantic Leaf shareholders are referred to the interim dividend declaration announced on Thursday, 13 October 2015 and the notice to shareholders announced on Friday, 27 November 2015 and are advised that shareholders on the South African share register will receive their cash dividend in ZAR, converted from GBP at an exchange rate of GBP1.00: ZAR21.7474. Accordingly, the cash dividend of GBP3.00 pence per share will be equal to ZAR65.24220 cents per share.



Shareholders who elect to receive the share distribution instead of the cash dividend will be entitled to 2.778 new Atlantic Leaf shares for every 100 Atlantic Leaf shares held by the shareholder at the record date, being Friday, 18 December 2015. The information provided in this paragraph is only of direct application to shareholders on the South African share register. The gross local dividend amount is ZAR65.24220 cents per share for shareholders exempt from paying South African dividends tax. The net local dividend amount is ZAR55.45587 cents per share for shareholders liable to pay dividends tax at the rate of 15%. There is no withholding tax payable in Mauritius.



The salient dates and times announced on Friday, 27 November 2015 remain unchanged. Atlantic Leaf is listed on the Official List of the Stock Exchange of Mauritius Ltd. and the Alternative Exchange of the JSE Ltd.
27-Nov-2015
(Official Notice)
20-Nov-2015
(Official Notice)
The board of directors (the ?Board?) of Atlantic Leaf announced, on Friday, 20 November 2015, the Listing Executive Committee of the Stock Exchange of Mauritius Ltd (the ?SEM?) has approved the issue and listing of up to 1 710 444 new Atlantic Leaf shares that may be issued to existing shareholders who elect to receive a share distribution (previously referred to as ?scrip dividend? in the dividend announcement released on 13 October 2015) in lieu of cash dividend. Further details relating to such dividend election will be announced in due course.



As required by the Listing Rules of the SEM, copies of the Supplement to the Listing Particulars relating to this further issue of shares and the Listing Particulars of the company, will be made available for inspection for at least 10 business days as from Friday, 20 November 2015, during normal office hours (from 9 a.m. to 5 p.m. Mauritian time) at the registered office of the company which is situated at c/o Intercontinental Trust Ltd, Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius.



Atlantic Leaf has its primary listing on the Official Market of the SEM and a secondary listing on the Alternative Exchange of the JSE Limited.

13-Oct-2015
(Official Notice)
The Board informed the shareholders of Atlantic Leaf and the general public that the abridged unaudited financial statements of the Company for the three months ended 31 August 2015 have been published and can be viewed on the Company?s website (www.atlanticleaf.mu).
13-Oct-2015
(C)
22-Sep-2015
(Official Notice)
13-Aug-2015
(Official Notice)
13-Jul-2015
(Official Notice)
The Board wishes to inform the shareholders of Atleaf and the general public that the abridged unaudited financial statements of the Company for the three months ended 31 May 2015 have been published and can be viewed on the Company?s website (www.atlanticleaf.mu).



Atleaf has its primary listing on the SEM and a secondary listing on the JSE.
13-Jul-2015
(C)
Total income increased to GBP726 138 (GBP78 976), while total comprehensive income came in at GBP457 991 (loss of GBP83 150). In addition, headline earnings per share per share was GBP1.35 (loss of GBP0.84pps).



Outlook

Atleaf will continue to pursue further asset acquisitions over the balance of the year. The Board is also pleased that there is now a solid asset base of income producing assets, from which to grow the Company.
12-Jun-2015
(Official Notice)
In accordance with the authority granted to them on 7 May 2015, the directors of Atleaf are pleased to announce that it has successfully raised GBP30.4 million (ZAR567.5 million) by way of a private placement of Atleaf shares to invited investors (?the private placement?).



Through the private placement, the company has placed 27 629 738 new Atleaf shares with investors (?the new Atleaf shares?) as follows:

*12 437 785 new Atleaf shares at GBP1.10 per share, raising approximately GBP13.7 million (ZAR255.5 million) through the company?s Mauritian share register; and

*15 191 953 new Atleaf shares at ZAR20.54 per share, raising approximately GBP16.7 million (ZAR312.0 million) through the company?s South African share register.



The proceeds raised from the private placement will be used to fund the purchase of property opportunities identified by management and forming part of the company?s acquisition pipeline.



The new Atleaf shares are expected to list and trade on the Alternative Exchange of the JSE Ltd. (?JSE?) and the Stock Exchange of Mauritius Ltd. (?SEM?) from Monday, 15 June 2015. Investors will have their CSDP and CDS accounts credited with the new Atleaf shares on or before Monday, 15 June 2015.



The new Atleaf shares will rank pari passu in all respects with existing Atleaf shares in issue. Following the issue of the new Atleaf shares, the company will have a total of 61 571 044 shares in issue.



Atleaf has its primary listing on the SEM and a secondary listing on the JSE.
12-Jun-2015
(Official Notice)
Shareholders are advised that at the annual general meeting of the company held on Friday, 12 June 2015 (convened in terms of the notice of annual general meeting issued on 21 May 2015), all ordinary resolutions proposed thereat were unanimously passed by Atleaf shareholders who voted at the meeting.



Details of the results of voting at the annual general meetings are as follows:

*total number of Atleaf shares that could have been voted at the annual general meeting: 33 941 306

*total number of Atleaf shares that were present/represented at the annual general meeting: 28 240 241 being 83.20% of the total number of Atleaf shares that could have been voted at the annual general meeting.



Atleaf has its primary listing on the SEM and a secondary listing on the Alternative Exchange of the JSE Ltd.
27-May-2015
(Official Notice)
The Board of Directors of Atleaf announced that the Listing Executive Committee of the SEM has approved on 26 May 2015, the issue and listing of up to 100 000 000 additional ordinary shares of the Company at a price per share that will not be less than the net asset value per Atleaf share at the time any such issue and listing is undertaken.



The Company?s strategy, as detailed in the updated Listing Particulars dated 26 May 2015, is to invest in a portfolio of fixed property assets, which it will own either directly or through subsidiaries, and in listed and unlisted shares and securities of real estate companies. The additional capital to be raised through the issue of additional shares will be used by Atleaf to invest in accordance with the Company?s strategy and investment policy, as and when investment opportunities arise.



As required by the Listing Rules of the SEM, the updated Listing Particulars of the Company, will be made available for inspection for at least 10 business days, during normal office hours (from 9 a.m. to 5 p.m. Mauritian time) at the registered office of the Company which is situated at c/o Intercontinental Trust Ltd., Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius. The updated Listing Particulars will also be available on the Company?s website, www.atlanticleaf.mu.
21-May-2015
(Official Notice)
The Board informed the shareholders of Atleaf and the general public that the abridged audited financial statements of the Company for the year ended 28 February 2015 have been published and can be viewed on the Company?s website (www.atlanticleaf.mu).
21-May-2015
(Official Notice)
Shareholders are advised that the Company?s integrated report, incorporating the audited financial statements for the year ended 28 February 2015 (the ?Audited 2015 AFS?), was posted on 21 May 2015. Save in respect of being audited, the Audited 2015 AFS contain no modifications from the abridged unaudited financial statements which were published on the Stock Exchange of Mauritius Ltd. (?SEM?) and the Stock Exchange News Service (?SENS?) of the Johannesburg Stock Exchange (?JSE?) on 20 April 2015.



Mazars Mauritius have issued their unmodified audit opinion on the Company?s financial statements for the year ended 28 February 2015. A copy of the Company?s integrated report including the audit report is available on the Company?s website: www.atlanticleaf.mu.



Notice is hereby given that the annual general meeting of Atleaf shareholders will be held at the Company?s registered office, being c/o Intercontinental Trust Limited, Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius on Friday, 12 June 2015 at 11h00 Mauritian time (09h00 South African time) to transact the business as stated in the notice of annual general meeting which is included in the integrated report.



The salient dates and times in relation to the annual general meeting are set out in the table below:

*Distribution of integrated report and notice of annual general meeting: 21 May 2015

*Record date to be recorded in the register in order to be entitled to vote at the annual general meeting: 5 June 2015

*Last day to lodge forms of proxy for the annual general meeting by 11h00 Mauritian time (09h00 South African time): 11 June 2015

*Annual general meeting at 11h00 Mauritian time (09h00 South African time): 12 June 2015
20-Apr-2015
(Official Notice)
The Board of Directors of Atleaf wishes to inform shareholders and the public in general that the company has concluded an agreement to acquire a portfolio of three commercial properties in the United Kingdom (the ?Properties?) for a gross property value of GBP23.0 million inclusive of transaction costs (the ?Acquisition?).



Under the terms of the Acquisition, Atleaf will acquire the entire issued share capital of British Capital Property Ltd. (?BCP?) and British Capital Finance Ltd. (?BCF?). BCP is a property holding company which owns the Properties and BCF is a provider of finance for the acquisition of fixed property assets and is a provider of debt funding to BCP. The Properties are all leased to high quality tenants with long terms remaining on the current leases.



The Properties are located in Brecon, St. Helens and Wombourne, and collectively generate GBP1.7 million in annual rental income, representing a net initial yield of 7.3% (post-transaction costs). The net cash consideration payable by Atleaf for the Properties will be approximately GBP11.2 million (post-transaction costs), representing a return on equity employed by Atlantic Leaf of 9.9%. Under the terms of the Acquisition, Atlantic Leaf will assume the obligations of the existing debt facilities and will fund the balance of the purchase price from existing cash reserves.



The Acquisition is expected to provide a number of key benefits to Atlantic Leaf, including:

*Increased exposure to direct property assets;

*Provides attractive forward yield and return to Atlantic Leaf;

*Continued diversification into high quality properties; and

*Stable and contractual long-term income and cash flows.



The Acquisition constitutes an undertaking in the ordinary course of business of Atlantic Leaf and therefore does not fall under the scope of Chapter 13 of the SEM Listing Rules. As disclosed in its Listing Particulars, Atleaf is in the business of acquiring and managing real estate assets, either directly through fixed property investments or indirectly through investments in listed real estate securities.



Atleaf has its primary listing on the SEM and a secondary listing on the Alternative Exchange of the JSE Ltd.



This announcement is not an invitation to the public to subscribe for shares in the company and is provided for information purposes only.
20-Apr-2015
(C)
The will be the maiden final results for Atleaf. Total income for the period was GBP1.9 million. While total profit for the period came in at GBP1.4 million. Headline earnings per share was GBP7.20 pps.



Dividend

The Directors have decided not to declare a dividend at this date as the company is in an establishment phase. It is planned that in 2016 financial year dividends will be declared as this is part of our stated objective.



Outlook

Atleaf plans to grow significantly in the next twelve months and has identified a number of key acquisitions, which are currently being evaluated. It is anticipated that the Company will execute on at least two of these in the first half of the 2016 financial year. A key objective of the Company will be to commence the distribution to shareholders, which management believes is achievable.
25-Feb-2015
(Official Notice)
12-Jan-2015
(C)
The following results are the company's maiden November quarterly results. Income for the quarter came in at GBP282 007. Total comprehensive income for the period was GBP192 032. In addition, headline earnings per share were GBP1.33pps.



Outlook

The company has identified certain direct property opportunities which meet the overall investment criteria and hopes to conclude these acquisitions in the next quarter. This, together with the earnings from the existing portfolio, should produce increased headline earnings per share for the next quarter.
09-Dec-2014
(Official Notice)
In accordance with the authority granted to them on 27 February 2014, the directors of Atleaf are pleased to announce that it has closed a private placement of Atleaf shares to invited investors (?the private placement?).

Through the private placement, the company has placed 4 389 389 new Atleaf shares with investors (?the new Atleaf shares?) as follows:

* 350 000 new Atleaf shares at GBP1.06 per share, raising approximately GBP371 000 through the company?s Mauritian share register; and

* 4 039 389 new Atleaf shares at ZAR19.04 per share, raising approximately ZAR76 900 000 through the company?s South African share register.



The proceeds raised from the private placement will be used to fund the purchase of property opportunities identified by management and forming part of the company?s acquisition pipeline.

The new Atleaf shares are expected to list and trade on the Alternative Exchange of the JSE Ltd. (?JSE?) and the Stock Exchange of Mauritius Ltd. (?SEM?) from Thursday, 18 December 2014. Investors will have their CSDP and CDS accounts credited with the new Atleaf shares on or before Thursday, 18 December 2014.



The new Atleaf shares will rank pari passu in all respects with existing Atleaf shares in issue. Following the issue of the new Atleaf shares, the company will have a total of 32 244 241 shares in issue.
20-Nov-2014
(Official Notice)
The Directors of Atlantic Leaf (the Directors) are pleased to advise that, with effect from 19 November 2014, Ms. Cleopatra Liana Folkes has been appointed as a non-executive director of Atlantic Leaf.
24-Oct-2014
(Official Notice)
In accordance with the authority granted to them on 27 February 2014, the directors of Atleaf are announce that it has closed a private placement of Atleaf shares to invited investors ("the private placement").



Through the private placement, the company has placed 12 560 269 new Atleaf shares with investors as follows:

* 11 698 111 new Atleaf shares at GBP1.06 per share, raising approximately GBP12 400 000 through the company's Mauritian share register; and

* 862 158 new Atleaf shares at ZAR18.79 per share, raising approximately ZAR16 200 000 through the company's South African share register.



The proceeds raised from the private placement will be used to fund the purchase of property opportunities identified by management and forming part of the company's acquisition pipeline. The new Atleaf shares are expected to list and trade on the Alternative Exchange of the JSE and the Stock Exchange of Mauritius Ltd. ("SEM") from Thursday, 30 October 2014. Investors will have their CSDP and CDS accounts credited with the new Atleaf shares on or before Thursday, 30 October 2014. The new Atleaf shares will rank pari passu in all respects with existing Atleaf shares in issue. Following the issue of the new Atleaf shares, the company will have a total of 27 854 852 shares in issue.
13-Oct-2014
(C)
The will be the maiden interim results for Atleaf. Total income for the period was GBP341 151. Total profit for the period came in at GBP32 048. Headline earnings per share was GBP1.65 pps.



Distribution

It is the intention of Atleaf to make biannual distributions to shareholders. However the Directors have decided that as the Company is in a start-up phase and is planning to raise further capital, the Directors therefore do not propose a distribution for this six month period but plan a year end distribution.



Outlook

Atleaf will look to raise further capital over the next few months to be able to continue with its strategy of buying quality income-producing property assets. The Directors are focused on diversifying the property portfolio as it grows, whether through investments in direct property assets or listed real estate securities, but expects to be overweight in certain property sectors during the initial growth phase due to its size and concentration of investments. Management is confident of concluding further asset acquisitions in the next quarter, although no agreements have been concluded as yet.



It is the intention of Atleaf to make biannual distributions to shareholders. However the Directors have decided that as the Company is in a start-up phase and is planning to raise further capital, the Directors therefore do not propose a distribution for this six month period but plan a year end distribution.

30-Jul-2014
(Official Notice)
Atleaf's shareholders and the public in general are referred to the announcement released by the company on the Stock Exchange of Mauritius Ltd. ("SEM") and the Stock Exchange News Service of the Johannesburg Stock Exchange ("JSE") on Thursday, 3 April 2014, relating to the application by the company to the Financial Services Commission in Mauritius ("FSC") for an exemption from complying with Rule 33(2) of the Mauritian Securities (Takeover) Rules 2010, waiving the requirement to make a mandatory offer on all voting shares of the company held by the minority shareholders, following the acquisition of 10,000,000 shares by one of the investors who participated in the private placement (the "Controlling Shareholder").



The board of directors of Atleaf informed Atleaf's shareholders and the public in general that the FSC has, under the powers conferred upon them by Rule 42 of the Mauritian Securities (Takeover) Rules 2010, granted the company and the Controlling Shareholder an exemption from complying with Rule 33(2) of the Mauritian Securities (Takeover) Rules 2010.



The board of directors of Atleaf also wishes to highlight that all the existing shareholders of the company have confirmed that they have no objection to the Controlling Shareholder not making a mandatory offer.
09-Jul-2014
(Official Notice)
The board of directors informed the shareholders of Atleaf and the general public that the abridged unaudited financial statements of the company for the three months ended 31 May 2014 have been published and can be viewed on the companys website (www.atlanticleaf.mu).
09-Jul-2014
(C)
The following results are the company's maiden quarterly results. Total income of GBP78 976 was recorded. Total comprehensive loss came in at GBP83 150. In addition, headline loss per share was GBP0.84pps.



Outlook

Atleaf is pleased to have successfully concluded its first phase of capital raising and investment of proceeds into property- related investments. The company will look to raise further capital over the next three months to continue with its strategy of buying quality income-producing property assets and to grow the ?ompany. Whilst the company expects to be overweight in certain property sectors during the initial growth phase due to its size and concentration of investments, the directors are focused on continuously diversifying the property portfolio as it grows, whether through investments in direct property assets or listed real estate securities. Management continues to actively identify and pursue suitable opportunities and will continue to selectively acquire attractive assets in line with the companys investment policy.'



Changes to the board

As a result of certain external commitments, Michael Fienberg has stepped down as Chairperson of the company and has resigned from the board of directors ("the board").



The board announced the appointment to the board of Peter Bacon FIH and Nick Winearls as independent non-executive directors. Peter has been appointed as Chairperson of the company.



All changes to the Board are effective from 8 July 2014.
04-Jun-2014
(Official Notice)
30-May-2014
(Official Notice)
Shareholders and the public in general are referred to the cautionary announcement released on 16 April 2014 relating to the acquisition by the company of 60% of the issued share capital of Seahawk Investments Ltd. ("Tranche 1") which was categorised as a Disclosable Transaction under Chapter 13 of the Listing Rules of the Stock Exchange of Mauritius Ltd. ("SEM"). Upon completion of Tranche 1, the company was granted an option to acquire the remaining 40% of the issued share capital of Seahawk ("Tranche 2").



The Board of Directors of Atleaf informed shareholders and the investing public that the company has resolved to exercise this option and to conclude the acquisition of Tranche 2, subject to receipt of shareholders' consent and compliance with all requirements of the Listing Rules of the SEM. The acquisition of Tranche 2 will be aggregated with Tranche 1 and will be categorised as a Substantial Transaction in accordance with the Listing Rules of the SEM. As a result, the acquisition of Tranche 2 will require Atleaf to seek shareholders' approval to complete this acquisition and to comply with the Listing Rules of the SEM relating to Substantial Transactions.



In line with the relevant provisions of Chapter 13 of the Listing Rules of the SEM, a Substantial Transaction Circular will be issued in due course and a summary thereof will be published accordingly. Shareholders and the investing public are advised to exercise caution when dealing in the shares of the company.
16-Apr-2014
(Official Notice)
Shareholders and the investing public are advised to exercise caution when dealing in the shares of the company.
16-Apr-2014
(Official Notice)
The Board of Directors of Atleaf informed shareholders and the public in general that the company has identified an opportunity to invest indirectly in fixed property assets, through the proposed acquisition of the entire issued share capital of Seahawk Investments Ltd. ("Seahawk") whose registered address is at St Georges Court, Upper Church Street, Douglas, Isle of Man IM1 1EE (the "Acquisition").



Seahawk is an investment holding company which holds a 30% interest in a portfolio of 30 retail warehouse properties located in the United Kingdom, currently tenanted by Booker Group PLC (the "Booker Portfolio"). The Acquisition is in line with the company's primary objective of investing in quality, investment grade real estate assets and companies which deliver suitable returns for investors through both income and capital growth.



The Acquisition will be undertaken in two tranches:

* Pursuant to the first tranche, Atleaf will acquire 60% of the issued share capital of Seahawk for a total purchase consideration of GBP6 921 131.47 ("Tranche 1"); and

* Upon completion of Tranche 1, the company will also be granted an option to acquire the remaining 40% of the issued share capital of Seahawk ("Tranche 2").



Tranche 1 is expected to be completed on or about 17 April 2014 and this transaction is categorised as a Disclosable Transaction under Chapter 13 of the Listing Rules of the Stock Exchange of Mauritius Ltd. ("SEM"). In line with the relevant provisions of Chapter 13, a Disclosable Transaction Circular will be issued in due course and a summary thereof will be published accordingly.



If the company elects to exercise its option to acquire Tranche 2, such acquisition will be aggregated with Tranche 1 and may be categorised as a Substantial Transaction in terms of the Listing Rules of the SEM, which would require Atlantic Leaf to seek shareholders? approval to complete the acquisition of Tranche 2. The company will release further announcements in this regard if and when the Board of Directors decides to exercise the option to acquire Tranche 2.
07-Apr-2014
(Official Notice)
Investors are referred to Atleaf?s listing particulars issued on 7 March 2014 ("the listing particulars") in respect of the company's listing on the Stock Exchange of Mauritius Ltd. ("SEM"), Atleaf's pre-listing statement issued on 28 March 2014 ("the pre-listing statement") in respect of the company's listing on the Alternative Exchange of the JSE Ltd. and the announcement released by the company on 1 April 2014. In accordance with the authority granted to them, the directors of Atleaf are pleased to announce that it has closed a private placement of Atleaf shares to invited investors ("the private placement").



Through the private placement, the company has placed 10 000 000 new Atleaf shares with investors ("the new Atleaf shares") at GBP 1.00 per share, raising GBP 10 000 000 through the company's Mauritian share register. No new Atleaf shares were placed through the company's South African share register. The proceeds raised from the private placement brings the total capital raised pursuant to the private placement and the various private placements related to the listing of the company's shares on the SEM and the JSE to GBP 15 293 583.



The new Atleaf shares are expected to list and trade with effect from Friday, 11 April 2014. Investors that participated in the private placement will have their CDS accounts credited with the new shares on or before Friday, 11 April 2014. The new Atleaf shares will rank pari passu in all respects with existing Atleaf shares in issue. As a result of the private placement, the company's total shares in issue has increased to 15 294 583. Atleaf has its primary listing on the SEM and a secondary listing on the JSE.
03-Apr-2014
(Official Notice)
The Board of Directors of Atleaf wishes to inform its shareholders and the public in general that as a result of a proposed private placement of 10 000 000 new Atleaf shares ("New Shares") which shares will be issued through the company's Mauritian share register (the "Private Placement"), one of the investors participating in the Private Placement (the "Controlling Shareholder") is expected to hold 65.38% of the voting shares of the company after the issue of the New Shares, resulting in it effectively controlling Atleaf. This result is a consequence typical of newly-formed companies in their initial capital raising phase, and the Controlling Shareholder's shareholding is expected to be diluted over time as the company raises further equity capital from other investors. Effective control is defined in Rule 2 of the Mauritian Securities (Takeover) Rules 2010 as the holding of securities by any person which will result in that person having the right to exercise more than 30% of the rights attached to the voting shares of an entity.



Following implementation of the Private Placement, Rule 33(2) of the Mauritian Securities (Takeover) Rules 2010 will be triggered and the Controlling Shareholder will be required to make a mandatory offer in accordance with these Rules, on all voting shares of the company held by the minority shareholders. However, the company has made an application to the Financial Services Commission in Mauritius under Rule 42 of the Securities (Takeover) Rules 2010, for an exemption from Rule 33(2) in the case of the above Private Placement on the basis that since Atleaf has been recently incorporated and is still in its initial capital raising phase. The shareholders and the investing public are advised to exercise caution when dealing in the shares of Atleaf and will be kept informed of further developments in respect of this matter.
02-Feb-2018
(X)
Atlantic Leaf?s primary objective is to provide attractive returns to investors, through long-term investments in quality real estate assets in the United Kingdom which have sound property fundamentals and stable contracted income.


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