Dec 5 (Reuters) - Stor-Age Property REIT Ltd ::PAUL THEODOSIOU HAS TAKEN DECISION TO RETIRE FROM BOARD AND ACCORDINGLY STEP DOWN AS CHAIRMAN.GRAHAM BLACKSHAW WILL ASSUME POSITION OF CHAIRMAN WITH EFFECT FROM THURSDAY, 2 JANUARY 2020.PAUL THEODOSIOU TO STEP DOWN AS CHAIRMAN, WITH EFFECT FROM 31 DECEMBER 2019.
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Nov 18 (Reuters) - Stor-Age Property REIT Ltd ::VOLUNTARY UK ACQUISITION ANNOUNCEMENT, DEVELOPMENT PIPELINE UPDATE AND SMALL RELATED PARTY TRANSACTIONS.AGREED TERMS ON WHICH BETTERSTORE WILL ACQUIRE 100% OF ISSUED SHARE CAPITAL OF FLEXI STORE SELF STORAGE LIMITED.DEAL FOR £13.4 MILLION.ACQUISITION REPRESENTS OPPORTUNITY TO ACQUIRE PORTFOLIO OF 5 SELF STORAGE PROPERTIES IN LOCATIONS WHICH SUPPORT EXISTING PORTFOLIO.ACQUISITION INCREASES TOTAL NUMBER OF OWNER OPERATED STORAGE KING PROPERTIES TO 21.ACQUISITION PROVIDES ADDITIONAL 157,062 SQUARE FEET OF GROSS LETTABLE AREA WITH A MAXIMUM LETTABLE AREA OF 190,520 SQF.
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Oct 1 (Reuters) - Stor-Age Property REIT Ltd ::JSE: SSS - NOTICE OF ACQUISITION OF A BENEFICIAL INTEREST IN SECURITIES.STOR-AGE PROPERTY REIT - BENEFICIAL INTEREST HELD BY PRUDENTIAL INVESTMENT MANAGERS AMOUNTS TO 5.54% OF TOTAL NUMBER OF SECURITIES IN ISSUE OF CO.
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March 12 (Reuters) - Stor-Age Property REIT Ltd ::JSE: SSS - UPDATE REGARDING THE BOOKBUILD.STOR-AGE PROPERTY REIT LTD - ANTICIPATES THAT QUANTUM TO BE RAISED THROUGH ISSUE OF NEW ORDINARY SHARES WILL BE INCREASED TO APPROXIMATELY R585 MILLION.
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March 11 (Reuters) - Stor-Age Property REIT Ltd ::VOLUNTARY ANNOUNCEMENT: ACQUISITION OF A SELF STORAGE PROPERTY IN WEYBRIDGE, UK AND INVESTOR PRESENTATION.PROPOSED DEAL FOR £11.49 MILLION.BETTERSTORE WILL ACQUIRE 100% OF ISSUED SHARE CAPITAL OF STORAGE POD.ACQUISITION HAS NO IMPACT ON COMPANY'S DIVIDEND GUIDANCE FOR YEAR ENDING 31 MARCH 2019.
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Feb 12 (Reuters) - Stor-Age Property REIT Ltd ::FURTHER DETAILS IN RESPECT OF THE PROPOSED CONDITIONAL SHARE PLAN.OVERALL LIMIT IN CONDITIONAL SHARE PLAN IS 8.7 MILLION SHARES (ABOUT 2.5% OF SHARES IN ISSUE).ANTICIPATED THAT FIRST AWARD WILL BE MADE IMMEDIATELY POST APPROVAL OF CSP IN RESPECT OF 2018/19 FY.FIRST AWARD IS ANTICIPATED TO BE 1.25 MILLION SHARES.SECOND AWARD, IN RESPECT OF 2019/20 FY, WILL BE MADE POST FINALISATION OF 2019 ANNUAL RESULTS.
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Oct 1 (Reuters) - Stor-Age Property REIT Ltd ::STOR-AGE PROPERTY REIT LTD - RECEIVED NOTIFICATION FROM OLD MUTUAL LIMITED THAT IT HAS ACQUIRED A BENEFICIAL INTEREST IN SECURITIES OF CO.STOR-AGE PROPERTY REIT LTD - OLD MUTUAL'S ENTIRE BENEFICIAL INTEREST AMOUNTS TO 10.14% OF TOTAL NUMBER OF SECURITIES IN ISSUE IN CO.
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Sept 10 (Reuters) - Stor-Age Property REIT Ltd ::ACQUISITION OF MANAGED PORTFOLIO.DEAL FOR AN AGGREGATE PURCHASE CONSIDERATION OF R58.0 MILLION.ENTERED INTO SALES OF SHARES AGREEMENTS FOR ACQUISITION OF ROELAND STREET INVESTMENTS AND ROELAND STREET INVESTMENTS.DEAL CONSIDERATION WILL BE SETTLED IN CASH, BEING FUNDED FROM STOR-AGE'S EXISTING DEBT FACILITIES.
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June 12 (Reuters) - Stor-Age Property REIT Ltd ::FY LIKE-FOR-LIKE GROWTH IN RENTAL INCOME AND NET PROPERTY OPERATING INCOME OF 10.6% AND 11.8%.ANTICIPATES DIVIDEND GROWTH OF APPROXIMATELY 9 - 10 PERCENT FOR YEAR ENDING 31 MARCH 2019.SAYS FY HEADLINE EARNINGS PER SHARE 162.35 CENTS.INVESTMENT PROPERTY VALUED AT R3.85 BILLION (1), UP 87% IN FY.FY TOTAL PROPERTY REVENUE INCREASED BY 86.1% TO R310.2 MILLION (2017: R166.7 MILLION).
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