VKE - Vukile Property Fund Limited - Notice of an acquisition and a
VKE
VKE
VKE - Vukile Property Fund Limited - Notice of an acquisition and a
corresponding disposal of a beneficial interest in Vukile Linked units
Vukile Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration number 2002/027194/06)
ISIN: ZAE000056370
JSE share code: VKE
NSX share code: VKN
("Vukile")
NOTICE OF AN ACQUISITION AND A CORRESPONDING DISPOSAL OF A BENEFICIAL INTEREST
IN VUKILE LINKED UNITS ("LINKED UNITS")
In terms of section 122(3)(b) of the Companies Act, 71 of 2008, as amended
("Act") and paragraph 3.83(b) of the JSE Limited Listings Requirements,
holders of Linked Units are advised that Sanlam Life Insurance Limited
("Sanlam Life")has purchased Linked Units ("Acquisition") from Lazarus Capital
(Proprietary) Limited ("Lazarus"), Vukile`s former Black Economic Empowerment
shareholding company. The Acquisition is in terms of an internal transfer and
does not change the Sanlam Group`s total beneficial interest in Vukile.
Accordingly, Sanlam Life`s direct beneficial interest, as defined in the Act,
is 12.56% of the Linked Units in issue.
Following the Acquisition:
- the total of all beneficial interests in Linked Units held by Sanlam Life
is now 12.56% of the total Linked Units in issue, of which 4.85% is held
by policy holders; and
- the total of all beneficial interests in Linked Units held by Lazarus is
now 0% of the total Linked Units in issue.
Roodepoort
2 December 2011
JSE sponsor: One Capital
NSX sponsor: IJG Securities (Proprietary) Limited
Date: 02/12/2011 14:15:06 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.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.