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EQUITES PROPERTY FUND LIMITED - Upsize of quantum and results of the accelerated book build

Release Date: 20/02/2020 16:14
Code(s): EQU     PDF:  
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Upsize of quantum and results of the accelerated book build

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”)


UPSIZE OF QUANTUM AND RESULTS OF THE ACCELERATED BOOK BUILD


Shareholders are advised that the book build is now closed, having raised c.R800 million by the issuance of
42 780 748 shares at 1870 cps. In light of the demand during the course of the book build, Equites increased
the amount of equity targeted to R800 million. The book was oversubscribed at this level.

Subject to approval by the JSE, listing and trading of the new Equites shares is expected to commence at
09:00 on Tuesday, 3 March 2020.

Java Capital acted as sole bookrunner.

20 February 2020

Sole bookrunner and sponsor
Java Capital

Date: 20-02-2020 04:14:00
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