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VUKILE PROPERTY FUND LIMITED - Results of the dividend reinvestment alternative

Release Date: 17/12/2024 10:00
Code(s): VKE     PDF:  
Wrap Text
Results of the dividend reinvestment alternative

VUKILE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/027194/06)
JSE share code: VKE NSX share code: VKN
ISIN: ZAE000180865
(Granted REIT status with the JSE)
("Vukile" or the "Company")


RESULTS OF THE DIVIDEND REINVESTMENT ALTERNATIVE


Shareholders are referred to the declaration of a cash dividend of 55.18051 cents per share (the "cash
dividend") with an election to reinvest the cash dividend in return for new Vukile shares (the "new shares")
(the "dividend reinvestment alternative"), announced on SENS on Tuesday, 26 November 2024 for the six
months ended 30 September 2024 and the announcement of the reinvestment price per new share (being
R18.00 per share) applicable to Vukile shareholders electing the dividend reinvestment alternative, released
on SENS on Tuesday, 3 December 2024.

Shareholders holding 484 953 001 Vukile shares or 39.43% of Vukile shares (prior to the election) qualifying
to receive the cash dividend elected to receive the dividend reinvestment alternative, resulting in the issue of
14 696 769 new shares, retaining R264 541 842.00 in new equity for Vukile. Accordingly, the total number
of shares in issue post the issue of the new shares pursuant to the dividend reinvestment alternative will be
1 244 630 392.

Certificated shareholders who did not elect the dividend reinvestment alternative in respect of some or all of
their shares and who have provided their bank details to Vukile's transfer secretaries will have their bank
accounts credited with the cash dividend on Tuesday, 17 December 2024. Share certificates in respect of
certificated shareholders who did elect the dividend reinvestment alternative in respect of some or all of their
shares will be posted on Thursday, 19 December 2024 to certificated shareholders at their risk.

The Central Securities Depository Participants ("CSDP") or broker custody accounts of dematerialised
shareholders who did not elect the dividend reinvestment alternative in respect of some or all of their shares
will be credited with the cash dividend on Tuesday, 17 December 2024 and the CSDP or broker custody
accounts of dematerialised shareholders who did elect the dividend reinvestment alternative in respect of some
or all of their shares will be credited on Thursday, 19 December 2024 with their new shares.

17 December 2024


Corporate advisor and JSE sponsor                         NSX sponsor
Java Capital                                              IJG Securities (Pty) Ltd

Date: 17-12-2024 10:00:00
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