Private Placement By Spear
SPEAR REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2015/407237/06)
Share Code: SEA
Approved as a REIT by the JSE
(‘Spear’ or ‘the Company’)
PRIVATE PLACEMENT BY SPEAR
Spear is pleased to announce that it has successfully completed a private placement and has
received commitments to subscribe for R164.7 million of new equity.
In terms of the private placement, a total of 16,814,997 new shares will be issued at a price of
R9.80 per share.
Subject to the approval of the JSE, the listing and issue of the new Spear shares will
commence at 09:00 on Friday, 21 June 2019.
PSG Capital acted as the sole bookrunner in the capital raise.
12 June 2019
Sponsor and Bookrunner
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