Edition:
India

Vukile Property Fund Ltd (VKEJ.J)

VKEJ.J on Johannesburg Stock Exchange

2,008.00ZAc
22 Mar 2019
Change (% chg)

13.00 (+0.65%)
Prev Close
1,995.00
Open
1,980.00
Day's High
2,030.00
Day's Low
1,979.00
Volume
1,570,226
Avg. Vol
1,194,142
52-wk High
2,300.00
52-wk Low
1,869.00

Latest Key Developments (Source: Significant Developments)

Vukile Property Says Edcon Stores In Co's Portfolio To Decrease By 11 By Aug. 1
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Vukile Property Fund Ltd ::UPDATE ON EDCON RESTRUCTURE.VUKILE IS PARTICIPATING IN PROPOSED RECAPITALISATION AND RESTRUCTURING OF EDCON LIMITED.AGREED TO A R37 MILLION CAPITAL INVESTMENT IN EDCON IN EXCHANGE FOR EQUITY IN RETAILER.VUKILE EXPECTS COMPANY'S EXPOSURE TO EDCON TO ACCOUNT FOR ONLY 2.0% OF VUKILE'S GROUP RENTAL INCOME BY 1 AUGUST 2019.PARTICIPATION IN EDCON RESTRUCTURING WILL NOT IMPACT COMPANY'S DISTRIBUTION GUIDANCE FOR ITS FULL YEAR ENDING 31 MARCH 2019.NUMBER OF EDCON STORES IN CO'S PORTFOLIO SET TO DECREASE BY 11 TO 43 STORES BY 1 AUGUST 2019, WHICH WILL ALSO BE SMALLER ON AVERAGE.  Full Article

Vukile Property Fund reports NAV/Share 2,027 Cents As Of Sept 30
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Vukile Property Fund Ltd ::7.5 PCT INCREASE IN DIVIDENDS IN LINE WITH GUIDANCE TO 78.10 CENTS PER SHARE.NET ASSET VALUE PER SHARE 2 027 CENTS AS OF SEPT 30.  Full Article

Vukile Property Fund Appoints Elton Bosch As CFO
Monday, 3 Sep 2018 

Sept 3 (Reuters) - Vukile Property Fund Ltd ::APPOINTED MR ELTON BOSCH AS CFO DESIGNATE WITH EFFECT FROM 1 SEPTEMBER 2018.MICHAEL POTTS, FINANCIAL DIRECTOR WILL RETIRE AS FINANCIAL DIRECTOR ON 31 MARCH 2019.  Full Article

Vukile Property Fund Ltd Closes Accelerated Bookbuild
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Vukile Property Fund Ltd ::ADVISED THAT VUKILE HAS CLOSED ITS BOOKBUILD ANNOUNCED EARLIER TODAY.AMOUNT OF CAPITAL RAISED WAS R1,630 MILLION THROUGH PLACING OF AN AGGREGATE OF 86.7 MILLION NEW SHARES.JAVA CAPITAL ACTED AS SOLE BOOKRUNNER.BOOK WAS SIGNIFICANTLY OVERSUBSCRIBED.  Full Article

Vukile Property Fund Proposes Equity Raise Of About 1.3 Bln Rand
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Vukile Property Fund Ltd ::PROPOSES AN EQUITY RAISE OF APPROXIMATELY R1,300 MILLION THROUGH ISSUE OF NEW SHARES.  Full Article

Vukile Property Fund Says Acquisition Of Interest In Company Owning Four Shopping Centres In Spain
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Vukile Property Fund Ltd ::ACQUISITION OF INTEREST IN A COMPANY OWNING 4 SHOPPING CENTRES IN SPAIN.CONCLUDING AGREEMENT TO SUBSCRIBE FOR SHARES IN MORZAL PROPERTIES FOR AN AGGREGATE SUBSCRIPTION CONSIDERATION OF EUR152 MILLION.INTEREST REPRESENTING A 66% INTEREST IN MORZAL AT TIME VUKILE SHARE SUBSCRIPTION IS IMPLEMENTED.  Full Article

Vukile Property Fund ‍says HY dividend rose 7.4 pct to 72.6535 cents per share​
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Vukile Property Fund Ltd ::‍DIVIDEND FOR SIX MONTHS ENDED 30 SEPTEMBER 2017 HAS INCREASED BY 7.4% TO 72.6535 CENTS PER SHARE​.‍NET PROFIT AVAILABLE FOR DISTRIBUTION AMOUNTED TO R578.5 MILLION FOR SIX MONTHS TO 30 SEPTEMBER 2017​.  Full Article