VKE
VKE
VKE - Vukile Property Fund Limited - Announcement
Vukile Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration number 2002/027194/06)
JSE Share code: VKE & ISIN: ZAE000056370
NSX Share code: VKN
("Vukile" or "the company")
ANNOUNCEMENT
Unitholders of Vukile are referred to the announcement dated 27 March 2008 which
set out details of a new retention scheme whereby a third party, Sanlam Capital
Markets Limited ("Sanlam Capital Markets") was required to invest 60% of the
cash value of the previous incentive scheme to acquire linked units in Vukile.
Unitholders are advised that a distribution of 48 cents per linked unit
amounting to R 632 799.36 has been received by Sanlam Capital Markets in respect
of the linked units previously acquired. Sanlam Capital Markets are required to
utilize the said amount to acquire Vukile linked units.
Accordingly, unitholders are advised that on 23 June 2008, Sanlam Capital
Markets acquired 74 000 Vukile linked units at R 8.48 per linked unit.
Johannesburg
23 June 2008
JSE Sponsor
BJM Corporate Finance (Pty) Limited
NSX Sponsor
IJG Securities (Pty) Limited
Date: 23/06/2008 15:46:01 Produced by the JSE SENS Department.
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