| Thu 12 May 2011, 9:25 | | REB - Rebosis - Listing on the Main Board of the JSE Limited and Results of the |
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JSE
REB
REB - Rebosis - Listing on the Main Board of the JSE Limited and Results of the
Private Placement
Rebosis Property Fund Limited
(formerly Business Venture Investments No.1389 (Proprietary) Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2010/003468/06)
JSE share code: REB ISIN Code: ZAE0000156147
("Rebosis" or "the company")
LISTING ON THE MAIN BOARD OF THE JSE LIMITED AND RESULTS OF THE PRIVATE
PLACEMENT
Java Capital is authorised to announce the results of the private placement of
linked units in the company.
Reference is made to the pre-listing statement, dated 3 May 2011, and the
abridged pre-listing statement released on SENS on 3 May 2011, relating to the
private placement by Rebosis, to qualifying investors ("Private Placement"), of
up to 165 851 703 Rebosis linked units at R10 per linked unit ("Private
Placement Units").
The Private Placement was over-subscribed, and the company successfully placed
165 851 703 Private Placement Units for an aggregate amount of R1 658 517 030.
Successful applicants will be advised of their allocation of Private Placement
Units by no later than Thursday, 12 May 2011.
The allocated Private Placement Units will be transferred to successful
applicants on a `delivery-versus-payment` basis on the date of listing being
Tuesday, 17 May 2011.
Accordingly, a minimum of 218 984 713 linked units in the company will be listed
in the "Real Estate - Real Estate Holdings and Development" sector of the Main
Board of the JSE Limited ("JSE") with effect from the commencement of trade on
the JSE on Tuesday, 17 May 2011. The linked units will trade under the
abbreviated name "REBOSIS" with the JSE code "REB" and ISIN: ZAE000156147.
On registration of transfer of the Victoria Mxenge building, which is in
process, a further 760 000 linked units will be issued by the company in partial
consideration for the acquisition of the property.
12 May 2011
Joint corporate advisor, joint bookrunner, sponsor and trustee for debenture
holders
Java Capital
Joint corporate advisor and joint bookrunner
Rand Merchant Bank (a division of FirstRand Bank Limited)
Date: 12/05/2011 09:25:28 Produced by the JSE SENS Department.
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