Sharenet Sites 
Sharenet Sites
Trading statement
HYPROP INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/005284/06)
JSE share code: HYP ISIN: ZAE000190724
JSE bond issuer code: HYPI
(Approved as a REIT by the JSE)
("Hyprop" or "the Company" or "the Group")
TRADING STATEMENT
Shareholders and Noteholders are advised that Hyprop expects its distributable income per share ("DIPS") for
the year ended 30 June 2024 ("FY2024") to be approximately 370 cents, a decrease of 8.7% compared to the
DIPS for the year ended 30 June 2023 ("FY2023") of 405.4 cents. The decrease in DIPS is less than the guidance
provided in March 2024, which was for a decrease in DIPS of 15 – 20% compared to FY2023.
The higher than expected DIPS compared to the guidance is mainly due to the strong operational performance of
the South Africa (SA) and Eastern Europe (EE) portfolios and lower than expected interest costs.
In line with Hyprop's dividend policy to pay a total dividend for the financial year equivalent to 75% of the
Group's distributable income from the SA and EE portfolios, Hyprop expects its dividend per share for FY2024
to be approximately 280 cents.
The Group's annual results for the year ended 30 June 2024 will be released on 17 September 2024.
A live webcast will be held at 11:00 (SAST) on 17 September 2024. To pre-register, please use this link:
https://www.corpcam.com/hyprop17092024
The financial information on which this trading statement is based has not been reviewed or reported on by
Hyprop's auditors.
11 September 2024
Sponsor
Java Capital
Date: 11-09-2024 03:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
