COMMUNIQUÉ

Further to its communiqué dated 1st July 2022, the Board of United Docks Ltd ("the Company") wishes to inform its shareholders and the public in general that the Company has successfully raised Rs. 750 million under a Note Programme via private placements.

The Board of United Docks Ltd is also pleased to report that the offer was oversubscribed and the Company has issued secured fixed rate notes over a tenor of 7 years ("Notes") to sophisticated investors for an aggregate amount of Rs. 750 million.

The proceeds from these Notes will be used to finance the construction of two additional towers forming part of The Docks namely Tower 3 and Tower 4.

The Company shall now apply for a listing of the Notes on the debt board of the Stock Exchange of Mauritius.

Shareholders of the Company and the public will be kept informed of any further developments.

By order of the Board

ECS Secretaries Ltd

Company Secretary

1st August 2022

This Communiqué is issued pursuant to Listing Rule 11.3 and as per the Securities Act 2005.

The Board of Directors of the Company accepts full responsibility for the accuracy of the information contained in this Communiqué.

BRN : C07009846

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

United Docks Ltd.. published this content on 01 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2022 10:54:02 UTC.