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EQUITES PROPERTY FUND LIMITED - Results of dividend reinvestment alternative

Release Date: 03/06/2019 13:00
Code(s): EQU     PDF:  
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Results of dividend reinvestment alternative

EQUITES PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/080877/06)
JSE share code: EQU   ISIN: ZAE000188843
(Approved as a REIT by the JSE)
("Equites" or "the company")


RESULTS OF DIVIDEND REINVESTMENT ALTERNATIVE


Shareholders are referred to the declaration of a cash dividend of 70.31469 cents per share (the "cash dividend") with
an election to reinvest the cash dividend in return for Equites shares (the "dividend reinvestment alternative"),
announced on SENS on Thursday, 9 May 2019 for the six months ended 28 February 2019 and the announcement of
the reinvestment price per new share (being R19.50 per share) applicable to Equites shareholders electing the dividend
reinvestment alternative, released on SENS on Tuesday, 21 May 2019.

Shareholders holding 106 765 786 Equites shares or 21.2% of Equites shares (prior to the election) qualifying to receive
the cash dividend elected to receive the dividend reinvestment alternative, resulting in the issue of 3 839 423 new Equites
shares, retaining R74 875 919.45 in new equity for Equites. Accordingly, the total number of shares in issue post the
issue of the additional shares pursuant to the dividend reinvestment alternative will be 507 256 209.

Certificated shareholders who did not elect the dividend reinvestment alternative in respect of some or all of their shares
and who have provided their bank details to Equites' transfer secretaries will have their bank accounts credited with the
cash dividend on Monday, 3 June 2019. Share certificates in respect of certificated shareholders who did elect the
dividend reinvestment alternative in respect of some or all of their shares will be posted on Wednesday, 5 June 2019 to
certificated shareholders at their risk. The Central Securities Depository Participants or broker custody accounts of
dematerialised shareholders who did not elect the dividend reinvestment alternative in respect of some or all of their
shares will be credited with the cash dividend on Monday, 3 June 2019 and the Central Securities Depository Participants
or broker custody accounts of dematerialised shareholders who did elect the dividend reinvestment alternative in respect
of some or all of their shares will be credited on Wednesday, 5 June 2019 with their new Equites shares.

3 June 2019


Corporate advisor and sponsor
Java Capital

Date: 03/06/2019 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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