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aReit PROP LIMITED - Listing of aReit Prop on the Main Board of the JSE Limited (the JSE)

Release Date: 25/02/2022 17:26
Code(s): APO     PDF:  
Wrap Text
Listing of aReit Prop on the Main Board of the JSE Limited (“the JSE”)

AREIT PROP LIMITED
Approved as a REIT
(Incorporated in the Republic of South Africa)
(Registration number 2021/837953/06)
(“aReit Prop” or “the Company”)
ISIN Code: ZAE000306585 | JSE Code: APO


LISTING OF AREIT PROP ON THE MAIN BOARD OF THE JSE LIMITED (“THE JSE”)


Investors are referred to the announcement released on SENS on 10 February 2022. The
Company is pleased to advise that will be listing as a REIT on the Main Board of the JSE on
Tuesday, 1 March 2022.

Shareholders are also advised that the audit for the year ended 31 December 2021 is nearing
completion and a separate announcement of the results will be made on SENS. The audited
financial statements are similar to the pro forma financial effects as presented in the prospectus
issued on 11 January 2022 and reflect the acquisition of the leasehold properties only, as the
acquisition of the tenant leases was with effect from 1 January 2022. Rental collections
commenced on 2 January 2022.

Shareholders are also advised that the Board has agreed a dividend policy of paying quarterly
dividends. It is expected that the first dividend will be declared in April 2022.


BY ORDER OF THE BOARD
Cape Town
25 February 2022

Sponsor
AcaciaCap Advisors

Date: 25-02-2022 05:26:00
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