SPEAR REIT LIMITED – Private Placement By Spear

2019/06/12 14:06:00
SENS announcement for JSE listed company: SEA
                        

SEA 201906120030A
Private Placement By Spear

SPEAR REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2015/407237/06)
Share Code: SEA
ISIN: ZAE000228995
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.

Cape Town
12 June 2019

Sponsor and Bookrunner
PSG Capital

Date: 12/06/2019 02:06:00 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
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