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FAIRVEST LIMITED - Accelerated book build

Release Date: 24/03/2025 17:41
Code(s): FTB FTA     PDF:  
Wrap Text
Accelerated book build

Fairvest Limited
(Incorporated in the Republic of South Africa)
(Registration number 2007/032604/06)
JSE share code: FTA ISIN: ZAE000304788
JSE share code: FTB ISIN: ZAE000304796
LEI: 378900E93AFC4D1CAD45
(Granted REIT status with the JSE)
("Fairvest" or the "Company")


ACCELERATED BOOK BUILD


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN 
OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO

Fairvest announces an equity raise targeting approximately R400 million through the issue of new Fairvest B
shares (the "equity raise") subject to pricing acceptable to the Company.

The equity raise will be implemented through an accelerated book build process (the "book build"). The book
build is now open and the Company reserves the right to close it at any time and to increase the size of the
equity raise subject to demand.

Pricing and allocations will be announced as soon as is reasonably practicable following the closing of the
book build.

The new shares, when issued, will be credited as fully paid and will rank pari passu in all respects with existing
shares.

The equity raise is being offered to qualifying investors through the book build process.

Java Capital is acting as sole bookrunner.

Java Capital contact details:

 Andrew Brooking                          Thys de Beer
 Fairvest@javacapital.co.za               Fairvest@javacapital.co.za
 Tel: (083) 642 0113                      Tel: (083) 351 7683

24 March 2025


Corporate advisor and sponsor
Java Capital

Date: 24-03-2025 05:41:00
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