SA CORPORATE REAL ESTATE LIMITED - Results of the Accelerated Bookbuild
SAC 201610050023A
Results of the Accelerated Bookbuild
SA Corporate Real Estate Limited
(Incorporated in the Republic of South Africa)
(Registration number 2015/015578/06)
Share Code: SAC
ISIN Code: ZAE000203238
("SA Corporate" or the "Company")
REIT status approved
RESULTS OF THE ACCELERATED BOOKBUILD
Further to the announcement released by SA Corporate on the Stock Exchange News Service of the JSE
Limited (“JSE”) on 4 October 2016 regarding the placing of new ordinary shares in the Company (the
“Placing Shares”), by means of an accelerated bookbuild (the "Placing"), the Company is pleased to
advise that the Placing was successfully priced on 5 October 2016.
Due to substantial over subscription SA Corporate has increased the number of Placing Shares to
114 171 025, representing 4.9568% of the ordinary issued share capital of SA Corporate. The Placing will
price at ZAR5.30 per ordinary share (“Placing Price”), and raise gross proceeds of approximately
ZAR600 million.
The Placing Price represents a discount of 1.845% to the 30 day volume-weighted average price up to
and including 4 October 2016, being the day prior to the launch of the Placing.
Subject to approval by the JSE listing and trading of the Placing Shares on the JSE is expected to
commence at the opening of trade on 10 October 2016. Investors will have their CSDP and CDS
accounts credited with the new SA Corporate ordinary shares on 10 October 2016.
Following the issue of the Placing Shares, the Company will have a total of 2 417 481 790 ordinary
shares in issue.
Absa Corporate and Investment Bank, a division of Absa Bank Limited acted as sole bookrunner and
transaction sponsor.
5 October 2016
Sole Bookrunner and Transaction Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Sponsor
Nedbank Corporate and Investment Banking
Date: 05/10/2016 10:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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