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VUKILE PROPERTY FUND LIMITED - Results of the dividend reinvestment alternative

Release Date: 01/07/2024 13:13
Code(s): VKE VKE16 VKE21 VKE18 VKE27 VKE26 VKE25 VKE22 VKE19 VKE20     PDF:  
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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
Company code: VKEI
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 72.17501 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 Wednesday, 5 June 2024 for the year
ended 31 March 2024 and the announcement of the reinvestment price per new share (being R14.50 per share)
applicable to Vukile shareholders electing the dividend reinvestment alternative, released on SENS on
Tuesday, 18 June 2024.

Shareholders holding 745 474 832 Vukile shares or 67.5% 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
36 978 550 new shares, retaining R536 200 095.46 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
1 141 698 329.

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 Monday, 1 July 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 Wednesday, 3 July 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 Monday, 1 July 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 Wednesday, 3 July 2024 with their new shares.

1 July 2024


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

Date: 01-07-2024 01:13:00
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