VKE - Vukile Property Fund Limited - Change to the Board of directors
VKE
VKE
VKE - Vukile Property Fund Limited - Change to the Board of directors
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")
Change to the Board of directors ("the Board")
Unitholders in Vukile are advised that Mr. G Van Zyl, CEO and Executive
Director of Vukile, has resigned. His last day in office will be 31 March
2011 or earlier by mutual agreement when a replacement CEO is appointed.
Mr van Zyl was Vukile`s first CEO and he led the company from its inception
in 2004. During his tenure, Vukile`s assets increased from R1.8 billion to
R4.9 billion. The total return to unitholders over this period was
approximately 28% per annum. The Board wishes to express its sincere
gratitude to Mr. van Zyl for his service and valuable contribution to
Vukile`s success.
The Board also wishes him and his family well in the future.
Anton Botha
Chairman
Roodepoort
28 May 2010
JSE Sponsor
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
NSX Sponsor
IJG Securities (Pty) Limited
Date: 28/05/2010 14:30:02 Produced by the JSE SENS Department.
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