VKE - Vukile Property Fund Limited - Fulfilment of conditions precedent
VKE
VKE
VKE - Vukile Property Fund Limited - Fulfilment of conditions precedent
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")
FULFILMENT OF CONDITIONS PRECEDENT
Holders of Vukile linked units ("Vukile Linked Unitholders") are referred to
the circular issued by Vukile on 31 January 2012 and the following
announcements released on SENS:
* the general meeting results announcement released on 29 February 2012;
* the fulfilment of conditions precedent and early distribution
announcement released on 9 March 2012;
* the early distribution declaration for the six months ended 31 March
2012 announcement released on 16 March 2012;
* the reduction of the vendor placement size announcement released on 30
March 2012; and
* the vendor placement of Vukile linked units and the vendor placement
results announcements released on 11 April 2012.
The above all relate to the acquisition by Vukile of 20 properties from
Sanlam Life Insurance Limited and the issue and allotment of Vukile linked
units as part consideration for the acquisition in terms of a vendor
placement (the "Transaction").
Vukile Linked Unitholders are advised that all conditions precedent to the
Transaction have now been fulfilled and that the property transfers have
been effected.
Johannesburg
26 April 2012
Merchant bank and transaction sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 26/04/2012 16:17:01 Produced by the JSE SENS Department.
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