NEXTDC Issues Offer Booklet

NEXTDC Limited successfully completed an underwritten placement raising $297 million (the Placement). The Placement consisted of a $147 million placement to existing and new institutional investors at $6.81 per share (Placement Price), and a $150 million cornerstone placement to UniSuper at $6.98 per share, being 102.5% of the Placement Price.

An associated share purchase plan was also announced under which NEXTDC will offer existing eligible shareholders the opportunity to increase their equity participation in NEXTDC (the SPP).

The funds raised via the Placement and the SPP will be used to fund the purchase of three new commercial property sites for future data centre developments: Sydney (S3), Melbourne (M3), Perth (P2) (collectively, the New Sites), together with the initial development of the P2 site and general corporate purposes.

In response to continued very strong demand for its premium data centre services, NEXTDC has taken the strategic decision to prepare for future growth and to mitigate the risks of the Company running out of new capacity in its key markets by purchasing these New Sites.

In doing so, NEXTDC will be able to quickly respond to market demand and optimally sequence the deployment of capital and construction of each of the new data centre facilities over the longer term.

The SPP gives you the opportunity to acquire up to $15,000 worth of ordinary shares in NEXTDC (New Shares). The SPP issue price will be the lower of the Placement Price of $6.81 per share or the volumeweighted average price (VWAP) of NEXTDC shares traded on the Australian Securities Exchange (ASX) over the five trading days up to (and including) the day on which the SPP offer is closed (SPP Closing Date), rounded down to the nearest cent (Issue Price). Therefore, the maximum price that Eligible Shareholders will pay is the Placement Price of $6.81 per share.

NEXTDC Directors have all committed to take up their full entitlement of $15,000 worth of shares under the SPP.

Participation in the SPP is optional and is open to eligible shareholders, being holders of NEXTDC shares at 7.00pm (Sydney time) on 16 April 2018 and whose registered address is in Australia or New Zealand (excluding Shareholders who are in the United States, or acting for the account or benefit of a person in the United States) (Eligible Shareholders). Eligible Shareholders who are custodians can participate in the SPP on behalf of certain beneficiaries on the terms and conditions set out in this Offer Booklet.

Your right to participate in the SPP is not transferable. All SPP shares will rank equally with existing Shares in NEXTDC.

NEXTDC will make an announcement as to the outcome of the SPP and the number of New Shares issued on or around 22 May 2018.


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