FPF - Finbond Property Finance Limited - Results o
JSE
FPF
FPF - Finbond Property Finance Limited - Results of Private Placement
Finbond Property Finance Limited
(Previously Quantum Leap Investments 527 (Proprietary) Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2001/015761/06)
Share code: FPF ISIN: ZAE000097259
("Finbond" or "the Company")
Results of Private Placement
With reference to the abridged prospectus of Finbond published on SENS on
29 May 2007, the private placement closed on Friday, 8 June 2007. The
private placement was substantially oversubscribed and the 82 500 000
shares offered in terms thereof have been fully allocated raising R182 625
000. In terms of the `book building` process the price was set at 225
cents per share based on an analysis of market demand and after having
taken factors into account such as the achievement of the JSE`s spread
requirements and the promotion of liquidity, tradability and the creation
of an orderly after-market in Finbond shares.
The JSE Limited ("the JSE") has formally approved the listing of 229 802
000 ordinary shares in the share capital of Finbond on the Alternative
Exchange of the JSE with effect from the commencement of trade on Friday,
15 June 2007.
Pretoria
13 June 2007
Merchant Bank
Grindrod Bank Ltd
Designated Adviser
Exchange Sponsors (Pty) Ltd
Date: 13/06/2007 10:47:30 Produced by the JSE SENS Department.
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