» Issue of Equity

Issue of Equity

Posted on: 20 October 2009


Further to the announcement dated 5 October 2009, the Company advises that it has issued a total of 9,014,781 new ordinary shares at a price of approximately Eur2.03 per share ("the New Shares"), pursuant to the acquisition of the holding company of the European Retail Park in Braila (the issue price having been agreed in June 2009). Application has been made for the New Shares to be admitted to trading on AIM and the JSE Limited and the shares are expected to be admitted to trading tomorrow. Following the issue of the New Shares, the Company`s issued ordinary share capital is comprised of 40,022,995 ordinary shares of Eur0.01 each.