JSE Sens
LIGHTHOUSE CAPITAL LIMITED - Issue of new shares, directors and associates of directors dealing in shares of the company
2020/08/12 10:00:00Download PDF Stock report
Issue of new shares, directors and associates of directors dealing in shares of the company
LIGHTHOUSE CAPITAL LIMITED
(Incorporated in the Republic of Mauritius on 14 August 2014)
(Registration number: C124756 C1/GBL)
SEM share code: GFP.N0000
JSE share code: LTE
ISIN: MU0461N00015
LEI: 549300UG27SWRF0X2U62
(“Lighthouse” or the “Company”)
ISSUE OF NEW SHARES, DIRECTORS AND ASSOCIATES OF DIRECTORS DEALING IN SHARES OF THE COMPANY
ISSUE OF NEW SHARES
Shareholders are referred to the announcement released by the Company on Friday, 22 May 2020, wherein
Lighthouse confirmed that it would be issuing new shares to both related and non-related parties.
A total of 1 721 429 new Lighthouse shares will be issued to related parties for cash on Wednesday, 12 August 2020.
Shareholders are further informed that 475 493 470 new Lighthouse shares will be issued to related parties of the
Company on Wednesday, 12 August 2020, as consideration for the acquisition of shares in NEPI Rockcastle plc.
The 477 214 899 newly issued Lighthouse shares will be listed on the Main Board of the JSE Limited (“JSE”) and
the Official Market of the Stock Exchange of Mauritius Ltd (“SEM”) at commencement of trade on Thursday, 13
August 2020. The new Lighthouse shares will, when issued, be fully paid up and rank pari passu in all respects with
existing Lighthouse shares.
The Company now has 1 207 790 136 ordinary shares in issue.
DIRECTORS’ DEALINGS
Shareholders are referred to the Company’s announcements released on 18, 19 and 20 May 2020 with regard to an
equity raise whereby Lighthouse raised circa ZAR4.2 billion through the issue of 600 000 000 new Lighthouse shares
at an issue price of ZAR7.00 (the “Equity Raise”), and the subsequent announcement released on 22 May 2020
regarding participation in the Equity Raise by related parties (“Related Party Participation”), which Related Party
Participation was subject to shareholder approval. At the general meeting of the Company held on Friday, 7 August
2020, shareholders approved the Related Party Participation.
The following information is disclosed with regard to dealings in securities by associates of directors of the Company
pursuant to the Equity Raise:
Name of associate: Boabab Consulting cc
Name of director and relationship to director: Stephen Delport is the sole member of Boabab Consulting cc
Transaction date: 12 August 2020
Class of securities: Ordinary shares
Number of securities: 1 500 000
Weighted average price per security: ZAR 7.00
Total value: ZAR 10 500 000.00
Nature of transaction: Acquisition of shares in terms of the Equity Raise
Nature and extent of director’s interest: Indirect beneficial
Clearance to deal received: Yes
Name of associate: Thistle Trust
Name of director and relationship to director: Mark Olivier is a beneficiary of the Thistle Trust
Transaction date: 12 August 2020
Class of securities: Ordinary shares
Number of securities: 221 429
Weighted average price per security: ZAR 7.00
Total value: ZAR1 550 003.00
Nature of transaction: Acquisition of shares in terms of the Equity Raise
Nature and extent of director’s interest: Indirect beneficial
Clearance to deal received: Yes
Name of associate: Delsa Investments Proprietary Limited
Name of director and relationship to director: Des de Beer is a beneficiary of the Grove Trust, which is the
sole shareholder of Delsa Investments Proprietary Limited
Transaction date: 12 August 2020
Class of securities: Ordinary shares
Number of securities: 62 250 000
Weighted average price per security: ZAR 6.88
Total value: ZAR 428 500 000.00
Nature of transaction: Acquisition of shares in terms of the Equity Raise
Nature and extent of director’s interest: Indirect beneficial
Clearance to deal received: Yes
Name of associate: Grace Investments One Nine Five Proprietary Limited and
Fletcher Road Investments Proprietary Limited
Name of director and relationship to director: Barry Stuhler is an associate of Grace Investments One Nine
Five Proprietary Limited and Fletcher Road Investments
Proprietary Limited
Transaction date: 12 August 2020
Class of securities: Ordinary shares
Number of securities: 66 368 460
Weighted average price per security: ZAR 6.88
Total value: ZAR 456 849 560.00
Nature of transaction: Acquisition of shares in terms of the Equity Raise
Nature and extent of director’s interest: Indirect beneficial
Clearance to deal received: Yes
Lighthouse has primary listings on both the Official Market of the Stock Exchange of Mauritius Ltd (“SEM”) and
the Main Board of the Johannesburg Stock Exchange Limited (“JSE”).
By order of the Board
12 August 2020
This notice is issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations
of Reporting Issuers) Rules 2007. The Board accepts full responsibility for the accuracy of the information in
this announcement.
SEM authorised representative
JSE sponsor and sponsor Company Secretary
Java Capital Perigeum Capital Intercontinental Trust Ltd
Tel: +27 11 722 3050 Tel: +230 402 0890 Tel: +230 403 0800
Date: 12-08-2020 10:00:00
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
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.