ATLANTIC LEAF PROPERTIES LIMITED - Change in the nature of a director's holding of the company's securities

Change in the nature of a director's holding of the company's securities

Atlantic Leaf Properties Limited
(Incorporated in Jersey)
(Registration Number: 128426)
SEM share code: ALPL.N0000
JSE share code: ALP
ISIN: MU0422N00009
(“Atlantic Leaf” or “the Company”)

CHANGE IN THE NATURE OF A DIRECTOR’S HOLDING OF THE COMPANY’S SECURITIES

Shareholders are advised that on 3 December 2019 Peter Bacon, the chairperson of the Company, transferred
190,228 Atlantic Leaf ordinary shares at a price of ZAR 15.35 per share, (for a total value of ZAR
2,919,999.80) to Peter Bacon Family Holdings Ltd, an associate of Mr Bacon’s which is wholly-owned by
Island View Trust, of which Mr Bacon is a trustee and of which Mr Bacon, his spouse and his children are
discretionary beneficiaries. Accordingly, Mr Bacon’s interest in the 190,228 Atlantic Leaf ordinary shares
ceases to be a direct beneficial interest and becomes an indirect beneficial interest. The transaction was
conducted off-market and clearance to deal was obtained.

Atlantic Leaf has a primary listing on the Main Board of the Johannesburg Stock Exchange Limited (the
“JSE”) and a secondary listing on the Official Market of the Stock Exchange of Mauritius Ltd (the “SEM”).

By order of the Board

For further information please contact:


JSE sponsor
Java Capital                                               +27 11 722 3050

Corporate secretary
Ocorian Secretaries (Jersey) Limited                       +44 1534 507000

SEM authorised representative and sponsor
Perigeum Capital Ltd                                       +230 402 0890

5 December 2019

This notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rule 15.24 and Rule 5(1) of the
Securities (Disclosure Obligations of Reporting Issuers) Rules 2007. The board of directors of Atlantic Leaf
accepts full responsibility for the accuracy of the information contained in this announcement.

Date: 05-12-2019 12:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.