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Voluntary SENS Announcement - Placement of NewRiver REIT plc Shares
Growthpoint Properties Limited
Approved as a REIT by the JSE
Incorporated in the Republic of South Africa
Registration number 1987/004988/06
ISIN: ZAE000179420
JSE Share code: GRT
JSE Bond issuer code: GRTI
("Growthpoint")
VOLUNTARY SENS ANNOUNCEMENT - PLACEMENT OF NEWRIVER REIT PLC (NEWRIVER) SHARES
The Board is pleased to announce that on 13 August 2025, Growthpoint
successfully placed all of its shares (67.4 million ordinary shares) in NewRiver Reit
plc ("NewRiver"), which it acquired as part consideration for selling its stake in
Capital & Regional plc, at a price of 75 pence per share, raising gross sale proceeds
of £50.5 million:
- 47.7m NewRiver shares were acquired by NewRiver in terms of a share
buyback by the company; and
- The remaining 19.7m NewRiver shares were placed in the market by means
of an Accelerated Book Build program.
The cash proceeds from the placement will be utilised by Growthpoint to
strengthen its current balance sheet position and/or pursue select investment
opportunities in line with its communicated strategy.
Shareholders are also referred to the relevant announcement made by NewRiver
which can be obtained via the link below:
https://otp.tools.investis.com/clients/uk/newriver_retail1/rns/regulatory-
story.aspx?cid=1683&newsid=1976982
Sandton
14 August 2025
Sponsor: Investec Bank Limited
Date: 14-08-2025 03:48:00
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