PAP - Pangbourne Properties Limited - Trading upda
PAP
PAP
PAP - Pangbourne Properties Limited - Trading update
Pangbourne Properties Limited
(Registration number: 1987/002352/06)
ISIN: ZAE000005252 & Share Code: PAP
("Pangbourne" or "the company")
Trading update
Pangbourne unitholders are advised that the board of directors of the
company expects that the distribution per combined unit for the six month
period from 1 July to 31 December 2006 will be 10% to 11% greater than the
distribution per combined unit for the period 1 July to 31 December 2005,
showing double digit growth for the first time since 1998.
The above financial information has not been reviewed and reported on by
the company`s auditors in accordance with paragraph 3.4(b)(vi)(1)(bb) of
the Listings Requirements of JSE Limited.
Further, attention is drawn to the trading update published by Calulo
Property Fund Limited ("Calulo") today. Pangbourne unitholders are advised
that Calulo`s financial performance for the six month period ended 31
December 2006 will be immaterial to Pangbourne`s distribution per combined
unit for the same period.
Craighall
19 January 2007
Sponsor
Standard Bank
Date: 19/01/2007 07:07:01 Produced by the JSE SENS Department.
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