DGAP-Adhoc: Dexus Finance Pty Limited: Successful completion of Security Purchase Plan

DGAP-Ad-hoc: Dexus Finance Pty Limited / Key word(s): Real Estate 
Dexus Finance Pty Limited: Successful completion of Security Purchase Plan 
 
03-Jun-2019 / 03:24 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation 
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
*Dexus (ASX: DXS)* 
 
*ASX release* 
 
*3 June 2019* 
 
*NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES* 
 
*Dexus announces successful completion of Security Purchase Plan * 
 
Dexus Funds Management Limited as responsible entity of Dexus ("*Dexus*") 
refers to its announcements made to the Australian Securities Exchange 
("*ASX*"): 
 
- on 2 May 2019, relating to a fully underwritten $900 million institutional 
placement ("*Institutional* *Placement*"), and a non-underwritten Security 
Purchase Plan ("*SPP*") to eligible Dexus Security holders in Australia and 
New Zealand to raise up to $50 million and 
 
- on 8 May 2019, relating to the despatch of the SPP booklet to eligible 
Dexus Security holders in Australia and New Zealand. 
 
Dexus Funds Management Limited as responsible entity for Dexus confirms the 
successful completion of the SPP following the closing of the SPP offer at 
5pm (Sydney time) on 29 May 2019. 
 
The SPP closed oversubscribed raising approximately $63.9 million. As 
permitted under clause 3.7 of the terms of the SPP, Dexus has decided to 
increase the $50 million cap on securities issued under the SPP to allow for 
all valid applications to be satisfied. 
 
The issue and allotment of the new securities ("*New Securities*") will 
occur on Wednesday, 5 June 2019 at an issue price of $12.10 per security 
("*Issue Price*"). The Issue Price is the same price paid by institutional 
investors under the Institutional Placement completed on 3 May 2019. 
 
The New Securities will rank equally with existing fully paid Securities and 
will carry the same voting rights and entitlement to receive distributions, 
including the full distribution for the six months ending 30 June 2019. 
 
The SPP offer was sent to 26,774 eligible Security holders and valid 
applications totalling approximately $63.9 million were received from 
approximately 4,640 Security holders. This represents a participation rate 
for those eligible Security holders of 17.3% and an average application 
worth $13,800. 
 
Holding statements will be issued to eligible applicants on Thursday, 6 June 
2019. 
 
In relation to the A$425 million Guaranteed Exchangeable Notes issued 19 
March 2019 ("*Notes*"), Dexus advises that the issue and allotment of new 
Dexus Stapled Securities under the SPP will not result in an adjustment to 
the exchange price of the Notes. 
 
*For further information please contact:* 
 
Investor Relations       Media Relations 
Rowena Causley           Louise Murray 
[phone]          [phone] 
[phone]          [phone] 
[e-mail] [e-mail] 
 
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* 
Download the Dexus IR app to your preferred mobile device to gain instant 
access to the latest stock price, ASX Announcements, presentations, reports, 
webcasts and more. 
 
Dexus Funds Management Ltd ABN 24 060 920 783, AFSL 238163, as Responsible 
Entity for Dexus (ASX: DXS) 
 
*Important notice and disclaimer * 
 
*Important information * 
 
This announcement is issued by Dexus Funds Management Limited ('*DXFM*') in 
its capacity as responsible entity of Dexus (ASX:DXS) ('*Dexus*'), 
comprising Dexus Diversified Trust, Dexus Industrial Trust, Dexus Office 
Trust and Dexus Operations Trust. 
 
*Not an offer * 
 
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 
institutional placement and security purchase plan offer by DXFM ('*New 
Securities*') set out in this announcement ('*Offer*') have not been and 
will not be registered under the 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 security 
purchase plan offer by DXFM 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. 
 
03-Jun-2019 CET/CEST The DGAP Distribution Services include Regulatory 
Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:    English 
Company:     Dexus Finance Pty Limited 
             264 George Street 
             2193 Sydney 
             Australia 
Phone:       [phone] 
Fax:         [phone] 
E-mail:      [e-mail] 
Internet:    www.dexus.com 
ISIN:        XS1961891220 
WKN:         A2RZHG 
Listed:      Regulated Unofficial Market in Frankfurt 
EQS News ID: 818187 
 
End of Announcement DGAP News Service 
 
818187 03-Jun-2019 CET/CEST 
 
 

(END) Dow Jones Newswires

June 02, 2019 21:24 ET (01:24 GMT)