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FAIRLIMA:  1,970   0 (0.00%)  15/10/2026 19:00

FAIRVEST LIMITED - Accelerated book build

Release Date: 15/10/2026 17:33
Code(s): FTA FTB FTB01 FTB02     PDF:  
Wrap Text
Accelerated book build

FAIRVEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/032604/06)
JSE share code: FTA ISIN: ZAE000304788
JSE share code: FTB ISIN: ZAE000304796
Bond Issuer Code: FTAI
LEI: 378900E93AFC4D1CAD45
(Granted REIT status with the JSE)
("Fairvest")

ACCELERATED BOOK BUILD

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR ANY 
JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO

Fairvest proposes to issue new Fairvest B shares to raise capital (the "capital raise"), subject to pricing and applicable
share issuance authorities governing issues for cash and to fund acquisitions. Initially, Fairvest proposes to raise
approximately R500 million, which amount may be increased or decreased. Fairvest intends this capital raise to be a
component of the funding that positions Fairvest to close on strategic retail acquisitions under negotiation.

The capital raise will be by book build managed by Java Capital as bookrunner. Participation will be by invitation from
Java Capital, which will provide invitees with the terms and conditions of participation. Any agreements reached with
participants will be subject to the approval of Fairvest in its discretion.

Related parties may participate in an issuance of shares for cash at the price at which the book closes (subject to their
maximum bid price).

Fairvest will allocate shares to participants on a basis that Fairvest in its discretion considers equitable, which will
consider factors including existing shareholdings in Fairvest, pricing and sizing of bids, receipt of early submissions of
commitments and due process.

New shares, when issued, will be credited as fully paid and will rank pari passu in all respects with existing shares.

The book build is now open and Fairvest may close it at any time.

Java Capital contact details:
 Andrew Brooking                             Thys de Beer
 Fairvest@javacapital.co.za                  Fairvest@javacapital.co.za
 Tel: (083) 642 0113                         Tel: (083) 351 7683

15 October 2026

Bookrunner and sponsor                             Debt sponsor
Java Capital									   Absa Bank Limited, acting through its 
												   Corporate and Investment Banking Division


The capital raise is not an offer to the public as contemplated under the South African Companies Act, No.71 of 2008
as amended ("Companies Act"), nor an offer of securities in any other jurisdiction. Participation in the capital raise is
reserved for invited investors only and subject to the terms and conditions provided to the invited investors. Potential
investors are only permitted to apply for shares with a minimum total acquisition cost, per single addressee acting as
principal, of greater than or equal to ZAR1 000 000, unless the potential investor is a person, acting as principal, whose
ordinary business, or part of whose ordinary business, is to deal in securities, whether as principal or agent (in reliance
on Section 96(1)(a)(i) and 96(1)(b) of the Companies Act) or such applicant falls within one of the other specified
categories of persons listed in section 96(1) of the Companies Act.
Date: 15/10/2026 05:33:28
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