ABACUS GROUP ASX ANNOUNCEMENT
Successful completion of Retail Entitlement Offer
Abacus Property Group (Abacus) has successfully completed the retail component (Retail Entitlement Offer) of the accelerated non-renounceable entitlement offer (Entitlement Offer) announced on Monday 16 March 2015. Under the Entitlement Offer, eligible Abacus securityholders were offered entitlements on the basis of 1 new security for 12 existing securities held on the record date. The offer was conducted at a fixed price of $2.82. New securities issued will rank equally with existing securities and will be entitled to the distribution for the six months ending 30 June 2015.
The Retail Entitlement Offer saw applications for entitlements and additional new securities via the top up facility for approximately $10.7 million. All eligible retail securityholders who subscribed for additional new securities under the Top-Up Facility were allocated the full amount of their eligible application. The Retail Entitlement Offer was not underwritten.
Together with the approximately $97 million raised under the Institutional Entitlement Offer, total gross proceeds raised under the Entitlement Offer is approximately $107.6 million.
New securities issued under the Retail Entitlement Offer are expected to be allotted on Monday 13
April 2015 and commence trading on Tuesday 14 April 2015.
9 April 2015
Ellis Varejes
Company Secretary
Neil Summerfield
Head of Investor Relations (+61) 2 9253 8600 www.abacusproperty.com.au
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