FAIRVEST LIMITED - Results of accelerated book build

Results of 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")


RESULTS OF ACCELERATED BOOK BUILD


Further to the SENS announcement published on 24 March 2025, shareholders are advised that the book build
is now closed, having raised c. R400 million at R4.70 per Fairvest B share (representing a discount of 1.05%
to the 30-day volume weighted average price per Fairvest B share of R4.75. 85 106 382 Fairvest B shares will
be issued pursuant to the existing general authority to issue shares for cash and in terms of a vendor
consideration placement. The book was oversubscribed at this level.

The funds raised will be applied by the Company to various capital allocation opportunities, which are
strategically aligned and accretive to Fairvest.

Subject to approval by the JSE, listing and trading of the new Fairvest B shares is expected to commence at
09:00 on Wednesday, 2 April 2025.

25 March 2025

Corporate advisor and sponsor
Java Capital

Date: 25-03-2025 08:50:00
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