NEPI ROCKCASTLE PLC – Salient dates and times with regard to an election to receive either a cash dividend or a return of capital

2019/03/14 15:45:00
SENS announcement for JSE listed company: NRP
                        

NRP 201903140047A
Salient dates and times with regard to an election to receive either a cash dividend or a return of capital

NEPI Rockcastle plc
Incorporated and registered in the Isle of Man
Registered number 014178V
JSE and Euronext share code: NRP
ISIN: IM00BDD7WV31
(‘NEPI Rockcastle’ or ‘the company’)

SALIENT DATES AND TIMES WITH REGARD TO AN ELECTION TO RECEIVE EITHER A CASH DIVIDEND OR A RETURN OF CAPITAL

Shareholders are referred to the condensed consolidated financial results for the year ended 31 December 2018
released on SENS and Euronext on 27 February 2019 (the ‘results announcement’), wherein it was stated
that the board of directors of NEPI Rockcastle had declared a distribution of 26.37 euro cents per share for the
second half of 2018. The results announcement stated further that shareholders would be afforded the
opportunity to elect to receive the distribution either in cash or as an issue of fully-paid shares (the ‘election’)
based on a ratio between the distribution declared and the reference price, which would be calculated using a
maximum 5% discount to the five-day volume-weighted average traded price, less the distribution, of NEPI
Rockcastle shares on the JSE.

Shareholders are advised that a circular to shareholders in this regard is in the process of being finalised, but
in the interim the following information is provided.

SALIENT DATES AND TIMES

For shareholders holding shares traded on the JSE

2019
Announcement on SENS regarding an election to receive either a Wednesday, 20 March
cash dividend or a return of capital and issue of circular
Announcement on SENS of the reference price and exchange rate Tuesday, 9 April
before 11:00 South African time
Last day to trade on the JSE in order to be eligible for the cash Tuesday, 9 April
dividend or return of capital
Shares commence trading on the JSE ex the dividend Wednesday, 10 April
Announcement on SENS of cash payment applicable to fractional Thursday, 11 April
entitlements before 11:00 South African time
Record date for receipt of cash dividend or return of capital Friday, 12 April
Return of capital elections to be made no later than 12:00 South Friday, 26 April
African time
Announcement on SENS of the number of new NEPI Rockcastle Monday, 29 April
shares issued pursuant to the return of capital
Payment of cash dividend, CSDP/broker accounts credited/updated Tuesday, 30 April
and new NEPI Rockcastle shares listed on the JSE

Notes:
1. The above dates and times are subject to change. Any changes will be released on SENS and the website of the company at
www.nepirockcastle.com.
2. For the avoidance of doubt, only those shareholders who hold NEPI Rockcastle shares on the record date will receive the
cash dividend or be entitled to elect to receive the return of capital.
3. New NEPI Rockcastle shares should not be traded until they are issued and reflect in CSDP broker accounts on
Tuesday, 30 April 2019.
4. Transfers of shares between the JSE and Euronext Amsterdam may not take place between Tuesday, 9 April 2019 and Friday,
12 April 2019, both days inclusive. Accordingly, the above dates and times will apply in respect of all shares traded on
the JSE at the commencement of trade from Tuesday, 9 April 2019.
5. Shares may not be dematerialised or rematerialised between Wednesday, 10 April 2019 and Friday, 12 April 2019, both days
inclusive.

For shareholders holding shares traded on Euronext Amsterdam

2019
Announcement on the company website of reference price and Tuesday, 9 April
exchange rate
Shares commence trading on Euronext Amsterdam ex the dividend Thursday, 11 April
Distribution of the Technical Information Memorandum Thursday, 11 April
Start of election period Thursday, 11 April
Record date for receipt of cash dividend or return of capital Friday, 12 April
Accounts at Euroclear Nederland of the Admitted Institutions will Monday, 15 April
be credited with dividend rights
Close of election period Friday, 26 April
Payment of cash dividend, broker/custodian accounts Tuesday, 30 April
credited/updated and new NEPI Rockcastle shares listed on
Euronext Amsterdam

Notes:
1. The above dates and times are subject to change. Any changes will be released on the website of the company at
www.nepirockcastle.com.
2. For the avoidance of doubt, only those shareholders who hold NEPI Rockcastle shares on the record date will receive the
cash dividend or be entitled to elect to receive the return of capital.
3. New NEPI Rockcastle shares should not be traded until they are issued and reflect in, broker custodian accounts on
Tuesday, 30 April 2019.
4. Transfers of shares between the JSE and Euronext Amsterdam may not take place between Tuesday, 9 April 2019 and Friday,
12 April 2019, both days inclusive. Accordingly, the above dates and times will apply in respect of all shares traded on
Euronext Amsterdam at the commencement of trade from Tuesday, 9 April 2019.

A further announcement containing additional information with regard to the election will be released by the
company once the circular in this regard has been posted on Wednesday, 20 March 2019.
NEPI Rockcastle has a dual primary listing on the Main Board of the JSE and Euronext Amsterdam.

For further information please contact:

NEPI Rockcastle plc
Mirela Covasa +40 21 232 1398

JSE sponsor
Java Capital +27 11 722 3050

Euronext Listing Agent
ING Bank +31 20 563 6799

Media Relations +44 20 7404 5959
Brunswick Group +27 11 502 73 00
nepirockcastle@brunswick.com

14 March 2019

Date: 14/03/2019 03:45:00 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.

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