GRT - Growthpoint - Announcement Of Distribution Reinvestment Ratio And
GRT
GRT
GRT - Growthpoint - Announcement Of Distribution Reinvestment Ratio And
Confirmation Of Finalisation Information
Growthpoint Properties Limited
(Incorporated in the Republic of South Africa)
(Registration number 1987/004988/06)
Linked unit code: GRT ISIN ZAE000037669
("Growthpoint")
ANNOUNCEMENT OF DISTRIBUTION REINVESTMENT RATIO AND CONFIRMATION OF
FINALISATION INFORMATION
Further to the announcement of the declaration of the cash distribution and
distribution reinvestment alternative included in Growthpoint`s annual results
("Results Announcement") released on the Securities Exchange News Service on
Wednesday, 26 August 2009 and in the newspapers on Thursday, 27 August 2009, the
ratio applicable to linked unitholders electing the distribution reinvestment
alternative and recorded in the register on Friday, 18 September 2009, equates
to 4.51938 Growthpoint linked units for every 100 Growthpoint linked units held
("the Ratio").
The price of R12.90 on which the Ratio is based is a 2.7% discount to the 5 day
volume weighted average price (ex the distribution for the half year ended 30
June 2009 of 58.3 cents) as at the close of business on Thursday, 3 September
2009. Included in the R12.90 is an antecedent divestiture of 26.7 cents per
linked unit for the period 1 July 2009 to 21 September 2009 in respect of the
2010 interim distribution period 1 July 2009 to 31 December 2009.
The salient dates, timetable and all other information relating to the cash
distribution and distribution reinvestment alternative disclosed in the Results
Announcement remain unchanged.
4 September 2009
Sponsor to Growthpoint
Investec Corporate Finance
Date: 04/09/2009 09:45:02 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.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
