INGENUITY PROPERTY INVESTMENTS LTD - Conclusion of the purchase of properties and issue of new Ingenuity shares
ING 201309130033A
Conclusion of the purchase of properties and issue of new Ingenuity shares
INGENUITY PROPERTY INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/018084/06)
ISIN: ZAE 000127411 JSE share code: ING
(“Ingenuity”)
Conclusion of the purchase of properties and issue of new Ingenuity shares
Further to the announcement released on SENS on 10 September 2013 relating to the transfer of the
properties (“the Properties”) into Ingenuity’s name (“the Acquisitions”), shareholders are notified that
the Acquisitions were funded as follows:
- through the issue of 233 602 550 new Ingenuity shares at 85 cents per share, which shares
were issued to one of the vendors of the Properties (200 000 000 Ingenuity shares) and a
number of parties who subscribed for shares in terms of a vendor placement (33 602 550
Ingenuity shares); and
- debt of R663 million.
Cape Town
13 September 2013
Sponsor
Nedbank Capital
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