Dexus Finance Pty Limited
Dexus Finance Pty Limited: Institutional placement allotment and cleansing statement
Dexus Finance Pty Limited / Key word(s): Corporate Action/Corporate Action NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES 8 May 2019 Dexus announces issue and allotment under institutional placement and adjustment to exchange price of convertible notes Dexus Funds Management Limited (“DXFM“) as responsible entity of Dexus (“Dexus“) refers to its announcements made to the Australian Securities Exchange (“ASX“):
Allotment of Dexus Stapled Securities under the Placement In relation to the Placement, Dexus has received the offer proceeds of approximately $900 million and now attaches the cleansing notice under section 1012DA(5)(e) of the Corporations Act 2001 (Cth) in relation to the issue and allotment of new Dexus Stapled Securities. Adjustment of Exchange Price of Notes In relation to the Notes, Dexus advises that the issue and allotment of new Dexus Stapled Securities under the Placement results in an adjustment to the Exchange Price of the Notes. Dexus advises that the adjusted Exchange Price is A$15.00. Dexus also advises that there may be a further adjustment to the Exchange Price under the Notes on the date that any new Dexus Stapled Securities are issued under the SPP. The full announcement including a copy of the cleansing statement is available at www.dexus.com/investors/all-news-and-media For further information please contact:
[1] DXFM may (in its absolute discretion) in a situation where total demand exceeds $50 million, decide to increase the amount to be raised under the SPP to reduce or eliminate the need for a scale back. Important notice and disclaimer This announcement is issued by Dexus Funds Management Limited (“DXFM“) in its capacity as responsible entity of Dexus (ASX:DXS) comprising Dexus Diversified Trust, Dexus Industrial Trust, Dexus Office Trust and Dexus Operations Trust. This announcement is for information purposes only and is not, and does not constitute, an invitation, solicitation, recommendation or offer of securities for subscription, purchase or sale in any jurisdiction. This announcement is not financial product advice and does not and will not form any part of any contract or commitment for the acquisition of Dexus Stapled Securities. This announcement is not a prospectus, product disclosure statement or other offering document under Australian law (and will not be lodged with the Australian Securities and Investments Commission) or any other law. No action has been (or will be) taken to register Dexus Stapled Securities or otherwise permit a public offering of the Dexus Stapled Securities in any jurisdiction outside of Australia and New Zealand. This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in the United States and may not be distributed or released in the United States. The stapled securities to be offered and sold under the Placement and SPP offer by DXFM of the New Securities set out in this announcement (“Offer“) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act“), or under the securities laws of any state or other jurisdiction of the United States and may not be offered or sold, directly or indirectly, in the United States except in compliance with the registration requirements of the U.S. Securities Act and any other applicable securities laws of any state or other jurisdiction of the United States (which Dexus has no obligation to do or procure) or pursuant to an exemption from, or in a transaction exempt from or not subject to, such registration requirements and any other applicable securities laws. In addition, the New Securities to be offered and sold under the SPP will only be offered and sold to eligible Security Holders in Australia and New Zealand in “offshore transactions” (as defined in Regulation S under the Securities Act) in reliance on Regulation S under the Securities Act. There will be no public offer of securities in the United States.
Information and Explanation of the Issuer to this News: About Dexus Dexus is one of Australia’s leading real estate groups, proudly managing a high quality Australian property portfolio valued at $28.9 billion. We believe that the strength and quality of our relationships is central to our success, and are deeply committed to working with our customers to provide spaces that engage and inspire. We invest only in Australia, and directly own $13.9 billion of office and industrial properties. We manage a further $15.0 billion of office, retail, industrial and healthcare properties for third party clients. The group’s $5.0 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. With 1.7 million square metres of office workspace across 53 properties, we are Australia’s preferred office partner. Dexus is a Top 50 entity by market capitalisation listed on the Australian Securities Exchange (trading code: DXS) and is supported by 27,000 investors from 19 countries. With more than 30 years of expertise in property investment, development and asset management, we have a proven track record in capital and risk management, providing service excellence to tenants and delivering superior risk-adjusted returns for investors. www.dexus.com Download the Dexus IR app
08-May-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Dexus Finance Pty Limited |
264 George Street | |
2193 Sydney | |
Australia | |
Phone: | +61 2 9017 1100 |
Fax: | +61 2 9017 1101 |
E-mail: | ir@dexus.com |
Internet: | www.dexus.com |
ISIN: | XS1961891220 |
WKN: | A2RZHG |
Listed: | Regulated Unofficial Market in Frankfurt |
EQS News ID: | 808377 |
End of Announcement | DGAP News Service |