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12-Sep-2018
(Official Notice)
Shareholders are referred to the announcements released on SENS on 29 June 2018 and 8 August 2018, and to the circular distributed to Putprop shareholders on 8 August 2018. Terms defined in the circular shall, unless otherwise stated, bear the same meaning in this announcement.



Shareholders are advised that, at the general meeting, convened in terms of the notice of general meeting to shareholders dated 8 August 2018, which was held on 12 September 2018, all the resolutions were passed by the requisite majority of shareholders.
06-Sep-2018
(C)
Property rental revenue for the year increased to R62.4 million (2017: R57.3 million). Net profit from property operations lowered to R53 million (2017: R53.8 million). Profit and total comprehensive income for the year dropped to R7 million (2017: R39.3 million). Furthermore, headline earnings per share increased to 59.53 cents per share (2017: 55.91 cents per share).



Declaration of final dividend number 58

The board is pleased to announce the declaration of a dividend of 7 cents per ordinary share in respect of the year ended 30 June 2018 (2017: 7 cents), thus bringing the total dividend payable for the year to 13 cents (2017: 13 cents).



Company prospects

Available cash resources together with controlled gearing may still be utilised to acquire suitable rental generating properties if exceptional opportunities present themselves. One of the Group?s main strategies that of further diversification of its rental stream base in order to reduce risk from a limited number of tenants remains intact. In this review period the Group reduced its dependence on Larimar Ltd. from 48% to 38%, a pleasing result.



Looking ahead, we believe property fundamentals will be under pressure for the foreseeable future. Growth, if any, in gross domestic product is forecast by most economists to be in the region of 1.5% for the 2019 year. Trading conditions in the year ahead are expected to remain challenging with growth in the property sector around 5% to 6%.



Going forward it is the Group?s intention to continue to uphold its policy of strong tenant retention and focus on cost controls, whilst maintaining the value of its existing portfolio through aggressive maintenance and renovation policies. We will strive to establish and build sustainable partnerships and joint ventures with organisations of a similar philosophy.



The Group continues to be in discussions with several parties to investigate the possibility of developing certain of our geographically well-positioned rural properties into large retail outlets or residential areas, with a view to unlocking greater value for shareholders. Substantial progress has been made in this endeavour. Rezoning should be finalised within 6 months. A decision as to the feasibility of progressing with these projects is expected in the 2019 year. Suitable partners have also been identified and any project approved by the Board will be on a joint operations basis.
04-Sep-2018
(Official Notice)
Further to the trading statement released on SENS on 30 August 2018, a review of the financial results for the year ended 30 June 2018 by management has indicated that:

- the earnings per share (?EPS?) is expected to be between 11.17 cents and 19.97 cents (and not between 13.40 cents and 26.60 cents as previously stated), reflecting a decrease of between 87.3% and 77.3% compared to the EPS of 87.99 cents for the year ended 30 June 2017; and

- the headline earnings per share (?HEPS?) is expected to be between 56.73 cents and 62.33 cents (and not between 64.81 cents and 73.19 cents as previously stated), reflecting an increase of between 1.5% and 11.5% compared to the HEPS of 55.91 cents for the year ended 30 June 2017.



Putprop's financial results are expected to be released on SENS on or about 6 September 2018.
30-Aug-2018
(Official Notice)
A review of the financial results for the year ended 30 June 2018 by management has indicated that:

*the earnings per share (?EPS?) is expected to be between 13.40 cents and 26.60 cents, reflecting a decrease of between 84.8% and 69.8% compared to the EPS of 87.99 cents for the year ended 30 June 2017; and

*the headline earnings per share (?HEPS?) is expected to be between 64.81 cents and 73.19 cents, reflecting an increase of between 15.9% and 30.9% compared to the HEPS of 55.91 cents for the year ended 30 June 2017.



The financial information on which this trading statement is based has not been reviewed or reported on by Putprop?s auditors. Putprop's financial results are expected to be released on SENS on or about 5 September 2018.
08-Aug-2018
(Official Notice)
Shareholders are referred to the ?Specific Repurchase of 775 000 Putprop Shares? announcement released on SENS on 29 June 2018. Using the terms defined therein, unless otherwise stated, shareholders are hereby advised that the circular containing full details of the Specific Repurchase and incorporating a notice to convene a general meeting of Putprop shareholders in order to consider and, if deemed fit, to pass, with or without modification, the resolutions necessary to approve the Specific Repurchase, has been distributed today, 8 August 2018. The circular is available on the Company?s website at: www.putprop.co.za/circulars.html.



Notice is hereby given that the general meeting will be held at 10:00 on Wednesday, 12 September 2018 at the registered office of Putprop, 91 Protea Road, Chislehurston, Sandton, 2196, to consider, and, if deemed fit, to pass, with or without modification, the business stated in the notice of general meeting, which is contained in the circular.



The Board has determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the general meeting is Friday, 7 September 2018. Accordingly, the last day to trade in Putprop shares in order to be recorded in the Company?s securities register to be entitled to vote will be Tuesday, 4 September 2018.
29-Jun-2018
(Official Notice)
Shareholders are advised that Putprop has entered into a share buy-back agreement (?Agreement?) with Allan Gray (Pty) Ltd., in its capacity as the duly authorised agent of its clients (?the Sellers?) to repurchase 775 000 Putprop ordinary shares at a price of R4.90 per share for a total consideration of R3 797 500 (?Specific Repurchase?).



Circular

A circular containing full details of the Specific Repurchase and a notice to convene a general meeting of Putprop shareholders in order to consider and, if deemed fit, to pass with or without modification, the resolution necessary to approve and implement the Specific Repurchase, will be sent to Putprop shareholders in due course.
07-Jun-2018
(Official Notice)
The board of directors of Putprop (?the board?) notified its shareholders that Mr Gerrit van Heerden, Ms Ren? Styber and Ms Anna Lucia Carleo-Novello have been appointed to the board, with effect from 1 July 2018.
18-May-2018
(Official Notice)
The board of directors of Putprop (?the Board?) hereby notifies its shareholders that Mr Paul Nucci has resigned as an independent non-executive director of Putprop with immediate effect.



Putprop will commence the process to appoint an independent non-executive director to the board and the Company?s audit and risk committee, and shareholders will be advised once such an appointment has been made.
15-Mar-2018
(Official Notice)
Shareholders are advised that the Company?s annual compliance report in terms of Section 13G(2) of the Broad-Based Black Economic Empowerment Amendment Act No. 46 of 2013, is available on the Company?s website, www.putprop.co.za.
12-Mar-2018
(C)
Gross property revenue grew to R37.8 million (R32.0 million). Operating profit before finance costs was higher at R23.8 million (R20.6 million). However, profit and total comprehensive income for the year tumbled to R7.2 million (16.7 million). Furthermore, headline earnings per share dipped to 18.7 cents per share (28.7 cents per share).



Ordinary interim dividend number 57.

Notice is hereby given that the board has declared an interim gross cash dividend for the six months ended 31 December 2017 of 6 cents per ordinary share (6 cents per ordinary share).
06-Mar-2018
(Official Notice)
02-Mar-2018
(Official Notice)
Accordingly, a review of the financial results for the six months ended 31 December 2017 by management has indicated that:

*the earnings per share (?EPS?) is expected to be between 14.23 cents and 17.97 cents, reflecting a decrease of between 62% and 52% compared to the EPS of 37.4 cents for the six months ended 31 December 2016; and

*the headline earnings per share (?HEPS?) is expected to be between 17.27 cents and 20.14 cents, reflecting a decrease of between 39.8% and 29.8% compared to the HEPS of 28.7 cents for the six months ended 31 December 2016.



The financial information on which this trading statement is based has not been reviewed or reported on by Putprop?s auditors. Putprop's interim financial results are expected to be released on SENS on or about 12 March 2018.
09-Nov-2017
(Official Notice)
Shareholders are advised that, at the annual general meeting of Putprop held on 8 November 2017, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.



The number of shares voted in person or by proxy was 34 667 894, representing 78% of the total issued share capital of the same class of Putprop shares.



There were no shareholders that abstained from voting.

26-Sep-2017
(Official Notice)
Shareholders are advised that the integrated annual report for the year ended 30 June 2017 (?integrated annual report?) was distributed to shareholders on 26 September 2017 and contains no modifications to the Summarised Consolidated Results published on SENS on 19 September 2017. The integrated annual report is also available on the Company?s website, www.putprop.co.za.



Notice was given that the annual general meeting of shareholders of Putprop will be held at 11:00 on Wednesday, 8 November 2017 at the registered office of the Company at 91 Protea Road, Chislehurston, Sandton to transact the business stated in the notice of the annual general meeting, which is contained in the integrated annual report.



The board of directors of the Company determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 71 of 2008, as amended, the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the annual general meeting is Friday, 3 November 2017. Accordingly, the last day to trade Putprop shares in order to be recorded in the register to be entitled to vote will be Tuesday, 31 October 2017.
19-Sep-2017
(C)
Property rental revenue for the year increased to R57.3 million (2016: R51.4 million), net profit from property operations rose to R53.8 million (2016: R48.1 million), profit and total comprehensive income for the year attributable to owners of parent jumped to R39.3 million (2016: R20.8 million), while headline earnings per share lowered to 55.91 cents per share (2016: 69.4 cents per share).



Dividends

The board announces the declaration of a dividend of 7 cents per share in respect of the year ended 30 June 2017 (2016: 7 cents per share), thus bringing the total dividend payable for the year to 13 cents (2016: 17 cents).



Company prospects

Our strategy continues to be that of enhancing our property portfolio by investing in suitable industrial, retail and commercial properties to improve our income streams. To this end, the Group will continue to actively pursue the acquisition of additional investments.



Available cash resources together with controlled gearing will be utilised to acquire suitable rental generating properties to achieve one of the Group?s main strategies that of further diversification of its rental stream base in order to reduce risk.



Looking ahead, we believe property fundamentals will be under pressure for the foreseeable future. Growth, if any, in gross domestic product is forecast by most economists to be in the region of 1.5% for the 2018 year. Trading conditions in the year ahead are expected to remain challenging.



Going forward it is the Group?s intention to continue to uphold its policy of strong tenant retention and focus on cost controls, whilst maintaining the value of its existing portfolio through aggressive maintenance and renovation policies. We will strive to establish and build sustainable partnerships and joint ventures with organisations of a similar philosophy.



The Group continues to be in discussions with several parties to investigate the possibility of developing certain of our geographically well-positioned properties into large retail outlets or residential areas, with a view to unlocking greater value for shareholders. Progress has been made in this endeavour, and a decision as to the feasibility of progressing with these projects is expected in the 2018 year.
11-Sep-2017
(Official Notice)
A review of the financial results for the year ended 30 June 2017 by management has indicated that:

- the earnings per share (?EPS?) is expected to be between 85.67 cents and 90.32 cents, reflecting an increase of between 84.2% and 94.2% compared to the EPS of 46.50 cents for the year ended 30 June 2016; and

- the headline earnings per share (?HEPS?) is expected to be between 52.43 cents and 59.37 cents, reflecting a decrease of between 14.5% and 24.5% compared to the HEPS of 69.40 cents for the year ended 30 June 2016.



Putprop's financial results are expected to be released on SENS on or about 15 September 2017.
11-Jul-2017
(Official Notice)
06-Mar-2017
(C)
Property rental revenue increased to R27.5 million (2015: R24.3 million), net profit from property operations jumped to R25.5 million (2015: R20.6 million), profit attributable to owners of parent was lower at R16.7 million (2015: R17.1 million), while headline earnings per share came in at 28.7 cents per share (2015: 34.1 cents per share).



Payment of interim distribution - ordinary interim dividend number 55

Notice is hereby given that the Board has declared an interim gross cash dividend (?the dividend?) for the six-months ended 31 December 2016 of 6 cents per ordinary share (December 2015: 10 cents per ordinary share).



Prospects

Trading conditions during the next reporting period are expected to continue to be challenging. The property market both locally and internationally is expected to remain subdued in the second half of the year. Management will continue to focus on growing the portfolio, with the two strategies being to dispose of non-core and poorly- performing portfolio assets and replace them with higher grade, suitably-tenanted properties, as well as a more active approach, to rezone and develop, alongside suitable partners, certain properties where value can be unlocked.
02-Mar-2017
(Official Notice)
Shareholders are advised that one of Putprop?s associates, Belle Isle Investments (Pty) Ltd. (?Belle Isle?), has concluded an agreement with three property-owning entities, being Centurion 108 Beleggings (Pty) Ltd. (?Centurion 108?), Falsetto Investments (?Falsetto Investments?) (Pty) Ltd. and ERF 49 Menlyn (Pty) Ltd. (?ERF 49 Menlyn?) for the amalgamation of such entities into a single property portfolio company (?the Amalgamated Entity?) (?the Amalgamation?).



The board of directors of Putprop (?the Board?) wishes to inform shareholders that the Company has invested an additional R20 million into Belle Isle such that its equity holding has decreased from 27.5% of Belle Isle to 21% of the Amalgamated Entity (?the Investment?).



Investment Consideration

The total purchase consideration of R20 million will be settled by internally generated cash.



Effective Date

The effective date of the Investment is 3 February 2017.



Conditions Precedent

The Investment is not subject to any conditions precedent.



Classification of the acquisition

The Investment is classified as a Category 2 transaction in terms of the Listings Requirements of the JSE Ltd.





20-Dec-2016
(Official Notice)
Further to the announcements released on SENS on 27 October 2016 and 18 November 2016 (and using the terms defined therein unless otherwise stated) shareholders are advised that, at the general meeting of Putprop held today, convened in terms of the notice of general meeting to shareholders dated 18 November 2016 the resolutions to approve, inter alia, the ?Acquisition of the CAVI Rental Enterprise?, were passed by the requisite majority of shareholders.



The number of shares voted in person or by proxy was 33 395 932, representing 75% of the total issued share capital of the same class of Putprop shares. The number of shares which abstained from voting was nil representing nil% of the total issued share capital of the same class of Putprop shares.

18-Nov-2016
(Official Notice)
Shareholders are referred to the ?Acquisition of the CAVI Rental Enterprise? announcement released on SENS on 27 October 2016, and using the terms defined therein unless otherwise stated, are hereby advised that the Circular containing full details of the Acquisition and incorporating a notice to convene a general meeting of Putprop shareholders (?General Meeting?) in order to consider and, if deemed fit, to pass, with or without modification, the resolutions necessary to approve the Acquisitions, has been distributed today, 18 November 2016. The Circular is available on the Company?s website at: www.putprop.co.za.



Notice of GM

Notice is hereby given that the General Meeting will be held at 10:00 on Tuesday, 20 December 2016, at the registered office of Putprop, 91 Protea Road, Chislehurston, Sandton, Johannesburg, 2196 to consider and, if deemed fit, to pass with or without modification, the business stated in the notice of General Meeting, which is contained in the Circular.



The Board has determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, the record date for the purposes of determining which shareholders of the Company are entitled to receive notice of the General Meeting is Friday, 11 November 2016 and only shareholders who are registered in the securities register of the Company on Friday, 9 December 2016, will be entitled to participate in and vote at the General Meeting. Accordingly, the last day to trade in Putprop shares in order to be recorded in the Register to be entitled to attend, participate in and vote at the General Meeting is Tuesday, 6 December 2016.
02-Nov-2016
(Official Notice)
Shareholders are advised that, at the annual general meeting of Putprop held today, 2 November 2016, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.
27-Oct-2016
(Official Notice)
30-Sep-2016
(Official Notice)
Shareholders are advised that the integrated annual report for the year ended 30 June 2016 (?integrated annual report?) was distributed to shareholders today, 30 September 2016 and contains no modifications to the Summarised Consolidated Results published on SENS on 12 September 2016 (?Results Announcement?). The integrated annual report is also available on the Company?s website, www.putprop.co.za.



Shareholders are referred to the notice given in the Results Announcement and are reminded that the Annual General Meeting of shareholders of Putprop will be held at 11:30 on Wednesday, 2 November 2016 at the registered office of the Company at 91 Protea Road, Chislehurston, Sandton to transact the business stated in the notice of the annual general meeting, which is contained in the integrated annual report.



The board of directors of the Company determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the annual general meeting is Friday, 28 October 2016. Accordingly, the last day to trade Putprop shares in order to be recorded in the register to be entitled to vote will be Tuesday, 25 October 2016.
12-Sep-2016
(C)
02-Sep-2016
(Official Notice)
In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period.



Accordingly, a review of the financial results for the year ended 30 June 2016 by management has indicated that:

*the earnings per share (?EPS?) is expected to be between 36.3 cents and 55.7 cents, reflecting a decrease of between 81.3% and 71.3% compared to the EPS of 193.9 cents for the year ended 30 June 2015; and

*the headline earnings per share (?HEPS?) is expected to be between 64.8 cents and 73.3 cents, reflecting a decrease of between 23.9% and 13.9% compared to the HEPS of 85.1 cents for the year ended 30 June 2015.



The financial information on which this trading statement is based has not been reviewed or reported on by Putprop?s auditors. Putprop's financial results are expected to be released on SENS on or about 12 September 2016.

04-Jul-2016
(Official Notice)
28-Jun-2016
(Official Notice)
Shareholders are hereby advised that the board of directors of Putprop (?the Board?) declared a gross special dividend of 89.54 cents per ordinary share (?the Special Dividend?) payable to ordinary shareholders on Monday, 25 July 2016.



In February 2016, the Company sold one of its properties, Selby Depot, to the City of Johannesburg for an amount, net of expenses, of R60 million. Consequently the Board has decided to return a portion of these funds to the shareholders by way of the Special Dividend. The Company has obtained the relevant South African Reserve Bank Approval in respect of the Special Dividend.



The Special Dividend will be payable from income reserves. The current local Dividend Withholding Tax (?DWT?) rate is 15%. The gross local dividend amount is 89.54 cents per share for shareholders exempt from paying DWT whilst the net local dividend payable is 76.109 cents per share for shareholders liable to pay DWT. The issued share capital of Putprop is 44 672 279 shares. The Board has reasonably concluded that the Company will satisfy the solvency and liquidity test immediately after distribution of the Special Dividend and for the next 12 months. Putprop?s income tax reference number is 9100097717.



The proposed salient dates are as follows:

* Declaration date : Tuesday, 28 June 2016

* Last date to trade to participate : Tuesday, 19 July 2016

* Trading commences ex dividend : Wednesday, 20 July 2016

* Record date : Friday, 22 July 2016

* Date of payment : Monday, 25 July 2016



Share certificates may not be dematerialised or rematerialised between Wednesday, 20 July 2016 and Friday, 22 July 2016, both days inclusive.
28-Apr-2016
(Official Notice)
Shareholders are referred to the ?proposed delisting and cautionary announcement? released on SENS on 18 September 2015 (and using the terms defined therein unless otherwise stated) and the subsequent renewal of cautionary announcements, the last of which was dated 11 March 2016.



Shareholders are advised that due to the discount of Putprop?s share price to net asset value, the board of directors of Putprop has determined that it will be unable to obtain the required support from shareholders for the Delisting at a price that is satisfactory to the Company and has decided not to continue with the process. Accordingly, caution is no longer required when dealing in the Company?s securities.

11-Mar-2016
(Official Notice)
Shareholders are referred to the ?proposed delisting and cautionary announcement? released on SENS on 18 September 2015 and the subsequent renewal of cautionary announcements, the last of which was dated 29 January 2016. As the delisting process is ongoing, shareholders are advised to continue exercising caution when dealing in the Company?s securities, until a further announcement is made.
04-Mar-2016
(C)
Gross property revenue increased to R29.8 million (2014: R27.1 million), net profit from property operations rose to R20.6 million (2014: R19.6 million), but profit attributable to owners of parent decreased to R17.2 million (2014: R18 million), while headline earnings per share lowered to 34.1 cents per share (2014: 43.1 cents per share).



Payment of interim distribution

Notice is hereby given that the Board has declared an interim gross cash dividend (?the dividend?) for the six months ended 31 December 2015 of 10 cents per ordinary share (December 2014: 11 cents per ordinary share).



Proposed Delisting and Scheme of Arrangement

Shareholders were advised on 8 September 2015 on SENS that the Board was considering delisting the Group from the Johannesburg Stock Exchange. The Delisting would be implemented through a scheme of arrangement that would involve the repurchase of all shares (and subsequent cancellation of these shares) not held by Carleo Enterprises (Pty) Ltd., the Group?s largest shareholder. Further cautionary announcements in this regard were issued on 4 November 2015 and 29 January 2016, confirming that this process is still ongoing. Shareholders are advised that the process is close to finalisation and an offer to repurchase those shares affected will be forthcoming in the near future.
01-Mar-2016
(Official Notice)
A review of the interim financial results for the six months ended 31 December 2015 by management has indicated that:

*the earnings per share (?EPS?) is expected to be between 32.17 cents and 44.67 cents, reflecting a decrease of between 28.51% and 48.51% compared to the EPS of 62.48 cents for the six months ended 31 December 2014.

*the headline earnings per share (?HEPS?) is expected to be between 29.59 cents and 38.21 cents, reflecting a decrease of between 11.35% and 31.35% compared to the HEPS of 43.10 cents for the six months ended 31 December 2014.



The financial information on which this trading statement is based has not been reviewed or reported on by Putprop?s auditors. Putprop's interim financial results are expected to be released on SENS on or about 3 March 2016.





17-Feb-2016
(Official Notice)
The board of directors of Putprop (?the Board?) hereby notifies its shareholders that Mr Hayden Thompson Hartley (?Hayden?) has been appointed as an independent non-executive director of Putprop and member of the Audit and Risk Committee with immediate effect.



04-Feb-2016
(Official Notice)
In compliance with paragraph 3.59 of the Listings Requirements of JSE Ltd. and following the resignation of Mr Johann van Zyl as Independent Non-Executive Acting Chairman, as announced on SENS on 1 February 2016, the board of directors of Putprop hereby notifies its shareholders that Mr Daniele Torricelli, an Independent Non-Executive Director, will assume the role of Independent Non-Executive Chairman of Putprop with immediate effect.
01-Feb-2016
(Official Notice)
The board of directors of Putprop (?the board?) hereby notifies its shareholders that Mr Johann van Zyl has resigned as Independent Non-Executive Acting Chairman of Putprop with immediate effect.



The board has commenced the process to appoint a new chairperson and shareholders will be advised in due course once an appointment has been made.
29-Jan-2016
(Official Notice)
Shareholders are referred to the ?proposed delisting and cautionary announcement? released on SENS on 18 September 2015, the subsequent renewal of cautionary announcements, the last of which was dated 15 December 2015, and the ?Change to the board of directors announcements? released on SENS on 4 November 2015 and 3 December 2015, respectively.



As the delisting process is ongoing, shareholders are advised to continue exercising caution when dealing in the Company?s securities, until a further announcement is made.
15-Dec-2015
(Official Notice)
Shareholders are referred to the cautionary announcement released on SENS on 18 September 2015 and subsequent renewal thereof on 4 November 2015. Further to those announcements and the announcement released on SENS on 3 December 2015 wherein it was announced that two additional independent non-executive directors have been appointed to the board of directors of Putprop (?the Board?), shareholders are advised that, with the Board now being correctly constituted, the delisting process will now continue. Accordingly, shareholders are advised to continue exercising caution when dealing in the Company?s securities, until a further announcement is made.
03-Dec-2015
(Official Notice)
The board of directors of Putprop (?the board?) hereby notifies its shareholders that with effect from 3 December 2015:

* Daniele Torricelli has been appointed as an independent non-executive director and as a member of the Audit and Risk Committee. Daniele holds a Bachelor of Science (Mechanical Engineering) as well as an MBA from Wits Business School and is a member of the Exco team of one of the largest clay brick manufacturers in Africa. He brings extensive strategic and tactical skills to the board as well as broad general business experience; and

* Mr Paul Nucci has been appointed as independent non-executive director and as a member of the Audit and Risk Committee. Paul has previously served on the board of Putprop and been a member of the Groups various board Committees. He brings to the Group extensive marketing and operational skills gained in over 30 years of managing large organisations.
04-Nov-2015
(Official Notice)
Shareholders are referred to the ?proposed delisting and cautionary announcement? released on SENS on 18 September 2015 and the ?Change to the board of directors - Resignation of directors? announcement released on SENS on 3 November 2015, and are advised that the process will continue once the additional independent non-executive directors have been appointed.



As such, shareholders are advised to continue exercising caution when dealing in the company?s securities, until a further announcement is made.
03-Nov-2015
(Official Notice)
Shareholders are advised that, at the annual general meeting of Putprop held, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders save for the following which were withdrawn prior to the commencement of the meeting as per the Change to the board of directors - Resignation of directors announcement released on SENS earlier:



*To confirm the appointment of Mark William Gemmill as an independent non-executive director;

*To confirm the appointment of Kurawone Ndakashya Francis Chihota as an independent non-executive director;

*To confirm the appointment of Nonkululeko Immaculate Ntshona as an independent non-executive director;

*To approve the re-election as director of Anna Lucia Carleo-Novello who retires by rotation;

*To approve the appointment of Kurawone Ndakashya Francis Chihota as member and Chairperson of the Audit and Risk Committee;

*To approve the appointment of Mark William Gemmill as member of the Audit and Risk Committee; and

*To approve the appointment of Nonkululeko Immaculate Ntshona as member of the Audit and Risk Committee.



The number of shares voted in person or by proxy was 33 001 688, representing 73.88% of the total issued share capital of the same class of Putprop shares.
03-Nov-2015
(Official Notice)
The board of directors of Putprop (?the Board?) hereby notifies shareholders that with immediate effect:

*Mr Mark William Gemmill has resigned as independent non-executive director of the Board;

*Mr Kurawone Ndakashya Francis Chihota has resigned as independent non-executive director of the Board;

*Ms Nonkululeko Immaculate Ntshona has resigned as independent non-executive director of the Board; and

*Ms Anna Lucia Carleo-Novello has resigned as executive director of the Board.



Putrop will immediately commence the process to appoint independent non-executive directors so as to ensure that the Board and its sub-committees will continue to be constituted in accordance with the Companies Act, 2008 (Act 71 of 2008), as amended, and the JSE Listings Requirements.
25-Sep-2015
(Official Notice)
Shareholders are advised that the integrated annual report for the year ended 30 June 2015 was distributed to shareholders on 23 September 2015 and contains no modifications to the reviewed summarised consolidated results published on SENS on 16 September 2015 (?Results Announcement?).



Shareholders are referred to the notice given in the Results Announcement and are reminded that the Annual General Meeting of shareholders of Putprop will be held at 11:00 on Tuesday, 3 November 2015 at the registered office of the Company at 91 Protea Road, Chislehurston, Sandton to transact the business stated in the notice of the annual general meeting, which is contained in the integrated annual report.



The board of directors of the Company determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the annual general meeting is Friday, 23 October 2015. Accordingly, the last day to trade Putprop shares in order to be recorded in the register to be entitled to vote will be Friday, 16 October 2015.
18-Sep-2015
(Official Notice)
Shareholders are advised that the board of directors of Putprop is currently considering the delisting of the Company from the JSE (?Delisting?). It is envisaged that the Delisting will be implemented through the repurchase and cancellation of Putprop shares, excluding the shares held by Carleo Enterprises (Pty) Ltd. (?Carleo?), the Company?s largest shareholder.



An independent committee of the board of the Company has been appointed to consider any offer made by the Company to its shareholders.



Further details regarding the Delisting will be announced in due course. Accordingly, shareholders are advised to exercise caution when dealing in their Putprop shares until a further detailed announcement is made.
16-Sep-2015
(C)
14-Sep-2015
(Official Notice)
09-Sep-2015
(Official Notice)
Further to the trading statement released on SENS on 28 August 2015, wherein Putrop advised that its financial results for the year ended 30 June 2015 (?financial results?) are expected to be released on or about 9 September 2015, shareholders are advised that the Putprop?s financial results are now expected to be released on or before 16 September 2015.

31-Aug-2015
(Official Notice)
Shareholders are advised that Putprop has received a formal notification from Larimar Ltd. (?Larimar?), the major contributor of the Group?s contractual rental income, that they will not renew leases of four of the properties currently occupied by them. This will result in a loss of rental income of approximately 35% going forward from January 2016. Putprop is fortunate to have large cash reserves which are available to pursue suitable rental producing properties to counter this effect. In addition, the management of Putprop has begun the process of aggressively marketing these properties to source new tenants.
28-Aug-2015
(Official Notice)
Shareholders are advised that Putprop has received an offer and have accordingly entered into negotiations for the potential sale of a property which, if successfully concluded, may have a material effect on the price of the company?s securities.



Accordingly, shareholders are advised to exercise caution when dealing in the company?s securities, until a further announcement is made.
28-Aug-2015
(Official Notice)
A review of the financial results for the year ended 30 June 2015 by management has indicated that:

* the earnings per share (?EPS?) is expected to be between 169.07 cents and 218.73 cents, reflecting a decrease of between 11.90% and 31.90% compared to the EPS of 248.30 cents for the year ended 30 June 2014; and

* the headline earnings per share (?HEPS?) is expected to remain in line with the HEPS of 86.30 cents for the year ended 30 June 2014 and not breach the 20% threshold.



Putprop's financial results are expected to be released on SENS on or about 9 September 2015.
06-Aug-2015
(Official Notice)
The board of directors of Putprop notifies its shareholders that Mr Richard Tiefenthaler has resigned as an independent non-executive director with effect from 5 August 2015, due to the time constraints resulting from his other commitments.
08-Apr-2015
(Official Notice)
Further to the announcement released on SENS on 29 January 2015, wherein it was stated that Larimar Ltd. (?Larimar?), the major contributor of the Group?s contractual rental income, had exceeded the credit terms provided for in their lease agreements, that their rentals were in arrears, and that a payment plan had been agreed to ensure that all arrears and current rentals effective from 1 February 2015 be brought back into line with their lease agreements by no later than the end of April 2015, shareholders are advised that with effect from 3 April 2015 Larimar has completed the payment plan as provided and is now fully up to date with all rentals owing.



Future rentals due are expected to be in line with the credit terms as provided for in their lease agreements.
13-Mar-2015
(Official Notice)
Further to the Unaudited Condensed Interim Financial Results for the six months ended 31 December 2014 released on SENS on 3 March 2015, shareholders are advised that the earnings per share (?EPS?) for the period being reported on was 62.4 cents compared to the EPS of 56.4 cents for the six months ended 31 December 2013.
09-Mar-2015
(Official Notice)
Shareholders are referred to the announcement released on SENS on 6 February 2015 (?Declaration Announcement?) and 10 February 2015 (?Finalisation Announcement?) wherein shareholders were advised that Putprop intended to raise R100 039 703 from its shareholders by way of a partially underwritten renounceable rights offer (?Rights Offer?), in terms of which Putprop will offer a total of 15 879 318 new ordinary shares in Putprop (?Rights Offer Shares?) at a subscription price of 630 cents per Rights Offer Share in the ratio of 55.15 Rights Offer Shares for every 100 ordinary shares in Putprop held at the close of business on the record date for the Rights Offer, being Friday, 20 February 2015 (?Record Date?).



Shareholders are advised that, 11 991 130 Rights Offer Shares were subscribed for, equivalent to 76% of the total Rights Offer Shares. Excess applications of 195 430 Rights Offer Shares have been received, which will be allocated in full as per the applications. The balance of the Rights Offer Shares, not subscribed for by shareholders, has been taken up by the underwriter, Carleo Enterprises (Pty) Ltd. (?Carleo Enterprises?), equating to 23% of the Rights Offer Shares.



The results of the Rights Offer, which closed on Friday, 6 March 2015, are as follows:

Number of Rights Offer Shares - % of Rights Offer Shares:

* Rights Offer Shares available for subscription : 15 879 318 - 100%

* Rights Offer Shares subscribed for by Putprop shareholders : 11 991 130 - 76%

* Excess Rights Offer Shares to be allotted : 195 430 - 1%

* Rights Offer Shares taken up by the underwriter : 3 692 758 - 23%



Rights Offer Share certificates in terms of the Rights Offer will be posted to holders of Certificated Putprop Shares on or about Monday, 9 March 2015. The CSDP or broker accounts of holders of Dematerialised Putprop Shares will be credited with Rights Offer Shares and debited with payments due on Monday, 9 March 2015.



Rights Offer Share certificates in terms of the Rights Offer will be posted to holders of Certificated Putprop Shares, who have been allocated excess Rights Offer Shares on Wednesday, 11 March 2015. The CSDP or broker accounts of holders of Dematerialised Putprop Shares, who have been allocated excess Rights Offer Shares, will be credited with the excess Rights Offer Shares and debited with payments due on Wednesday, 11 March 2015.
03-Mar-2015
(C)
Rental revenue grew to R27.1 million (R25.7 million). Operating profit decreased to R16.9 million (R17.2 million). Profit attributable to equity holders rose to R18.0 million (R16.2 million). Furthermore, headline earnings per share were higher at 43.1cps (42.8cps).



Ordinary interim dividend number 51

Notice is hereby given that the board has declared an interim gross cash dividend (?the dividend?) for the six months ended 31 December 2014 of 11 cents per ordinary share (December 2013: 18 cents per ordinary share) reflecting a dividend cover of 2.4 times.



Prospects

Trading conditions during the next reporting period are expected to continue to be challenging. The property market both locally and internationally is expected to remain subdued in the second half of the year. Putprop will continue to focus on growing the portfolio, with the possibility of joint ventures with partners with similar strategies still under consideration.
24-Feb-2015
(Official Notice)
The board of directors of Putprop (?the Board?) notified its shareholders that Mr Mark W Gemmill (?Mark?), Mr Richard Tiefenthaler (?Richard?), Ms Nonku Ntshona (?Nonku?) and Mr Kura Chihota (?Kura?) have been appointed as independent non-executive directors with immediate effect.
10-Feb-2015
(Official Notice)
Shareholders are referred to the announcement released on SENS on 6 February 2015 (?Declaration Announcement?) wherein shareholders were advised that Putprop intends to raise R100 039 703 from its shareholders by way of a partially underwritten renounceable rights offer (?Rights Offer?), in terms of which Putprop will offer a total of 15 879 318 new ordinary shares in Putprop (?Rights Offer Shares?) at a subscription price of 630 cents per Rights Offer Share in the ratio of 55.15 Rights Offer Shares for every 100 ordinary shares in Putprop held at the close of business on the record date for the Rights Offer, being Friday, 20 February 2015 (?Record Date?).



Rights offer circular

Shareholders are advised that Putprop has received formal approval of the Rights Offer circular from the Issuer Regulation Division of the JSE Ltd. and accordingly, the Rights Offer can now be implemented in accordance with the salient dates and times as set out in the Rights Offer circular and the Declaration Announcement. The Rights Offer circular and accompanying Form of Instruction for use by certificated shareholders only, containing full particulars of the Rights Offer, will be posted on Tuesday, 17 February 2015 to certificated shareholders recorded in the share register on the Record Date. Certificated shareholders must complete the Form of Instruction and lodge it with the Transfer Secretaries, indicating how they wish to participate in the Rights Offer.



The Rights Offer circular, containing full particulars of the Rights Offer, will be distributed on Tuesday, 24 February 2015 to dematerialised shareholders (who have elected to receive such documents) recorded in the share register on the Record Date. Dematerialised shareholders will not receive a ?printed? Form of Instruction, but will have their accounts updated with their Rights Offer entitlement by their CSDP or broker. Holders of dematerialised Putprop Shares are required to notify their CSDP or broker of the action they wish to take in respect of the Rights Offer in the manner and by the time stipulated in the agreement governing the relationship between the dematerialised shareholder and his CSDP or broker. A copy of the Rights Offer circular will also be available on the Company?s website at www.putprop.co.za from Monday, 16 February 2015 up to and including Friday, 6 March 2015.
06-Feb-2015
(Official Notice)
02-Feb-2015
(Official Notice)
The board of directors of Putprop (?the board?) hereby notifies its shareholders of:

* the retirement of Mr Andrew Adrian as independent non-executive chairman with immediate effect; and

* the resignation of Mr Paolo Senatore as independent non-executive director with effect from 2 March 2015.



Furthermore, shareholders are advised that Mr Johann Van Zyl has been appointed as acting chairman until a full-time replacement is appointed. The process of replacing the independent non-executive directors is already underway and the appointments are expected be announced on SENS within the next two weeks.
29-Jan-2015
(Official Notice)
Shareholders are advised that Larimar Ltd. (?Larimar?), the major contributor of the Group?s contractual rental income, has exceeded the credit terms provided for in their lease agreements and their rentals are currently in arrears.



As a result of discussions held with Larimar?s management, a payment plan has been agreed with effect from 30 January 2015. This payment plan will ensure that all arrears and current rentals effective from 1 February 2015 will be brought back into line with their lease agreements by no later than the end of April 2015.



Shareholders are further advised that Putprop is continuing with its strategy of diversifying its property portfolio into commercial and retail properties and reducing the risk of its dependence on Larimar. The capital raising exercise, which was alluded to in the circular to shareholders dated 31 October 2014, will continue as planned without any change to the strategy or proposed use of funds.



Shareholders will be advised of any further developments in due course.
12-Dec-2014
(Official Notice)
Notification in terms of section 45(5) of the Companies Act



In accordance with the section 45(5) of the Companies Act 2008 (Act 71 of 2008), as amended, and pursuant to the special resolution passed at the annual general meeting of the Company held on 3 November 2014, authorising the Company to provide direct or indirect financial assistance to related or inter-related parties, shareholders are advised that the board of directors of Putprop (?the Board?) has resolved in terms of section 45(2) of the Act to authorise Putprop to provide financial assistance to Neotrend Khala-Cose Developers (Pty) Ltd. (?Neotrend?), a subsidiary company of Putprop, which financial assistance exceeds one-tenth of one percent of the Company?s net worth.



Putprop has granted financial assistance to Neotrend by binding itself to and in favour of Nedbank Limited as surety in solidum and as co-principal debtor, jointly and severally, with Neotrend, for the due and punctual performance by Neotrend in respect of its obligations to Nedbank Ltd., for the development of the property known as Value Mart, Secunda from time to time.



In accordance with section 45 of the Act, the Board is satisfied and acknowledges that:

*immediately after providing such financial assistance, Putprop would satisfy the solvency and liquidity test as provided for in section 4 of the Act, and

*the terms under which such financial assistance is to be given are fair and reasonable to Putprop.

12-Dec-2014
(Official Notice)
The board of directors of Putprop (?the board?) hereby notifies its shareholders that Mr Paul Nucci has resigned as independent non- executive director with effect from 31 December 2014.



The company is in the process of finding a suitable replacement to sit on the board and various committees including the audit - risk committee. Shareholders will be advised thereof in due course.
28-Nov-2014
(Official Notice)
Shareholders are advised that, at the general meeting of Putprop held today, 28 November 2014, all the resolutions as set out in the notice of general meeting were passed by the requisite majority of shareholders.



The number of shares voted in person or by proxy was 20 202 248, representing 70.16% of the total issued share capital of the same class of Putprop shares.



There were no shares which abstained from voting at the meeting.



The special resolutions will be lodged for registration at the Companies and Intellectual Property Commission in due course.
03-Nov-2014
(Official Notice)
Shareholders are advised that, at the annual general meeting of Putprop, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 20 054 441, representing 69.65% of the total issued share capital of the same class of Putprop shares. No shares abstained from voting on the resolutions proposed at the annual general meeting.
31-Oct-2014
(Official Notice)
Posting of circular

Putprop shareholders are hereby advised that a circular containing full details of, inter alia, the proposed amendments to the Company's memorandum of incorporation as well as a notice to convene a general meeting of Putprop shareholders in order to consider and, if deemed fit, to pass, with or without modification, the resolutions necessary to approve and implement, inter alia, the proposed amendments to the Company?s memorandum of incorporation, has been distributed today, 31 October 2014. The circular is also available on the Company's website, www.putprop.co.za.



Notice of general meeting

Notice is hereby given that the general meeting of shareholders of Putprop will be held at 10:00 on Friday, 28 November 2014 at the registered office of Putprop, 91 Protea Road, Chislehurston, Sandton, Johannesburg, 2196, to conduct the business stated in the notice of general meeting, which is contained in the circular.



The board of directors of the Company has determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), as amended, the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the general meeting is Friday, 21 November 2014. Accordingly, the last day to trade Putprop shares in order to be recorded in the Company?s securities register to be entitled to vote will be Friday, 14 November 2014.

16-Oct-2014
(Official Notice)
15-Sep-2014
(C)
27-Aug-2014
(Official Notice)
Further to the trading statement released on 12 August 2014, a review of the financial results for the year ended 30 June 2014 by management has indicated that the earnings per share is expected to be between 225 cents and 255 cents and the headline earnings per share is expected to be between 81 cents and 90 cents, compared to the earnings per share of 174 cents and the headline earnings per share of 86.8 cents for the year ended 30 June 2013. Putprop's financial results are expected to be released on SENS on or about 15 September 2014.
12-Aug-2014
(Official Notice)
Accordingly, a review of the financial results for the year ended 30 June 2014 by management has indicated that the earnings per share is expected to be between 225.0 cents and 255.0 cents and the headline earnings per share is expected to be between 142.0 cents and 158.0 cents, compared to the earnings per share of 174.0 cents and the headline earnings per share of 86.8 cents for the year ended 30 June 2013. The fair value measurement of the Group?s investments in its associated companies and the accounting for this in the review period contributed significantly to this increase in earnings. The financial information on which this trading statement is based has not been reviewed or reported on by Putprop?s auditors. Putprop's financial results are expected to be released on SENS on or about 15 September 2014.
10-Apr-2014
(Official Notice)
17-Mar-2014
(C)
Gross property revenue increased by 13.5% to R19.9 million (2012: R17.6 million). Operating profit before capital items rose by 13.6% to R18.6 million (2012: R16.4 million), while total comprehensive income and net profit attributable to owners of the parent dropped by 3.5% to R16.2 million (2012: R16.8 million). Furthermore, headline earnings per share weakened by 10.5% to 42.8cps (2012: 47.8cps).



Dividend

The board of directors have declared an interim gross cash dividend for the six months ended 31 December 2013 of 18cps (2012:18cps) reflecting a dividend cover of 2.4 times.



Prospects

Trading conditions during the next reporting period are expected to continue to be challenging. The property market both locally and internationally is expected to remain subdued in the second half of the year. Putprop will continue to focus on growing the portfolio, with the possibility of joint ventures with partners with similar strategies considered.
04-Nov-2013
(Official Notice)
Shareholders are advised that, at the annual general meeting of Putprop, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders. The special resolutions will be submitted for registration at the Companies and Intellectual Property Commission in due course.
23-Oct-2013
(Official Notice)
The board of directors of Putprop hereby notifies its shareholders that Mr Johann van Zyl has been appointed as a non-executive director with effect from 22 October 2013.
22-Oct-2013
(Official Notice)
Shareholders are referred to the announcement released on SENS on 20 September 2013 which, inter alia, detailed Putprop's Annual General Meeting to be held at 11:00 on Monday, 4 November 2013 at the registered office of the Company, 91 Protea Road, Chislehurston, Sandton, and are advised that the order of the resolutions to appoint Andrew Adrian and Paul Nucci as members of the Putprop Audit and Risk Committee were incorrectly transposed in the Notice of Annual General Meeting. Shareholders are advised that the correct order of the aforementioned resolutions, which appear as items number five and six, respectively, is set out in the Form of Proxy for the Annual General Meeting.
20-Sep-2013
(C)
15-Aug-2013
(Official Notice)
Shareholders were advised that Acorim (Pty) Ltd. has been appointed as Putprop's company secretary, replacing Mr James Smith who has resigned as company secretary, both with immediate effect.
13-Aug-2013
(Official Notice)
A review of the financial results for the year ended 30 June 2013 by management has indicated that the earnings per share is expected to be between 163.6 cents and 184.4 cents and the headline earnings per share is expected to be between 79.4 cents and 94.2 cents, compared to the earnings per share of 104.4 cents and the headline earnings per share of 74.1 cents for the year ended 30 June 2012.



The difference in the financial results for the year ended 30 June 2013 compared to the previous corresponding period is primarily due to the substantially higher fair value adjustment on properties in the 2013 financial year, which has a strong effect on both earnings per share and on headline earnings per share. Putprop's financial results are expected to be released on SENS on or about 18 September 2013.
13-Mar-2013
(C)
Gross property revenue was down 3.8% to R17.6 million (R18.2 million). Net attributable profit was 6.6% lower at R16.8 million (R18 million). In addition, headline earnings per share grew by 29.2% to 47.8cps (37cps).



Dividend

An interim gross ordinary dividend of 18cps has been declared.



Outlook

Trading conditions during the next reporting period are expected to continue to be challenging. The property market both locally and internationally is expected to remain subdued in the second half of the year. Putprop will continue to focus on growing the portfolio, with the possibility of joint ventures with partners with similar strategies considered. The board is of the opinion that a reasonable growth in earnings will still be achieved in the second half of the year and that Putprop's current dividend trend will continue.
21-Feb-2013
(Official Notice)
A review of the financial results for the six month period ended 31 December 2012 by management has indicated that the earnings per share is expected to be between 52.2 cents and 64.7 cents and the headline earnings per share is expected to be between 44.1 cents and 51.5 cents, compared to the earnings per share of 62.6 cents and the headline earnings per share of 37.0 cents for the six month period ended 31 December 2011.



Putprop's financial results are expected to be released on SENS on or about 19 March 2013.
23-Jan-2013
(Official Notice)
Notification was given of the following changes to the functions of directors serving on Putprop's board of directors ("the board"), with immediate effect.



Mr Andrew B Adrian has resigned as Chairman of the Audit and Risk Committee; however he will continue to serve in his capacity as Chairman of the board.



The board intends to fill this vacant position, however, in the interim period, Mr Paolo Senatore, an independent, non-executive board and Audit and Risk Committee member will act as the Chairman of the Audit and Risk Committee.
07-Nov-2012
(Official Notice)
Shareholders were advised that, at the annual general meeting of Putprop held today, 7 November 2012, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.



The special resolutions will be submitted for registration at the Companies and Intellectual Property Commission in due course.
20-Sep-2012
(C)
17-Sep-2012
(Official Notice)
Further to the trading statement released on SENS on 14 August 2012, a review of the financial results for the year ended 30 June 2012 by management has indicated that the earnings per share is expected to be between 89.1 cents and 119.8 cents and the headline earnings per share is expected to be between 62.6 cents and 75.8 cents, compared to the earnings per share of 153.3 cents and the headline earnings per share of 66.1 cents for the year ended 30 June 2011. Putprop's financial results are expected to be released on SENS on or about 19 September 2012.
14-Aug-2012
(Official Notice)
Accordingly, a review of the financial results for the year ended 30 June 2012 by management has indicated that the earnings per share is expected to be between 105.5 cents and 136.2 cents and the headline earnings per share is expected to be between 77.2 cents and 90.4 cents, compared to the earnings per share of 153.3 cents and the headline earnings per share of 66.1 cents for the year ended 30 June 2011.



The difference in the financial results for the year ended 30 June 2012 compared to the previous corresponding period is primarily due to the substantially lower fair value adjustment on properties in the 2012 financial year, which has a negative effect on earnings per share but a positive effect on headline earnings per share. Putprop's financial results are expected to be released on SENS on or about 18 September 2012.
13-Apr-2012
(Official Notice)
27-Mar-2012
(Official Notice)
Shareholders are referred to the unaudited interim results for the six months ended 31 December 2011 released on SENS on 23 March 2012 ("results announcement") and are advised that, as per the "Ordinary Interim Dividend number 45" paragraph, the dividend declared for the six months ended 31 December 2011 is 15.0 cents per share, and not 17.3 cents per share as incorrectly reflected in the reconciliation of headline earnings table.
23-Mar-2012
(C)
Gross property revenue for the interim period ending 31 December 2011 rose by 5% to R18.5 million (2010: R17.6 million). Net profit attributable to owners of the parent jumped by 29.3% to R18 million (2010: R13.9 million), while headline earnings per share fell by 4.4% to 37cps (2010: 38.7cps).



Dividend

Notice was given that the board of directors have declared an interim cash dividend ("the dividend") for the six months ended 31 December 2011 of 15cps (2010: 15cps) reflecting a dividend cover of 2.4 times.



Prospects

Trading conditions during the next reporting period are expected to continue to be challenging. As disclosed in the June 2011 annual financial statements, the company is busy renegotiating the lease with our major tenant, Putco. It is hoped this will be concluded prior to the issue of the June 2012 financial statements. The board is of the opinion that a reasonable growth in earnings will still be achieved in the second half of the year and our current dividend trend will continue.
15-Feb-2012
(Official Notice)
Accordingly, a review of the financial results for the six month period ended 31 December 2011 by management has indicated that the earnings per share is expected to be between 57.8 cents and 67.5 cents and the headline earnings per share is expected to be between 33.1 cents and 40.8 cents, compared to the earnings per share of 48.4 cents and the headline earnings per share of 38.7 cents for the six month period ended 31 December 2010. Putprop's financial results are expected to be released on SENS on or about 23 March 2012.
09-Nov-2011
(Official Notice)
Shareholders were advised that, at the annual general meeting of Putprop held on 9 November 2011, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.
28-Sep-2011
(Official Notice)
Shareholders are referred to the announcement released on SENS on 23 September 2011 ("the announcement") which, inter alia, detailed Putprop's annual general meeting to be held at 11:00 on Wednesday, 9 November 2011 at the registered office of the Company, 91 Protea Road, Chislehurston, Sandton.



Shareholders are advised that the record date for the purposes of determining which shareholders of the company are entitled to participate in and vote at the Annual General Meeting ("record date") was set out as Wednesday, 9 November 2011. Shareholders are advised that the correct record date is Friday, 28 October 2011 and accordingly the last day to trade to be entitled to vote will be Friday, 21 October 2011.
23-Sep-2011
(C)
Gross property revenue decreased by 1.3% to R35 million (R35.5 million). Operating profit before capital items decreased by 4.3% to R29 million (R30.3 million). Net attributable profit was up by 16.3% to R44.2 million (R38 million). In addition, headline earnings per share decreased by 10.3% to 66.1cps (73.7cps).



Dividend

A final ordinary dividend of 15cps has been declared.



Notice of annual general meeting

Notice is hereby given that the annual general meeting of shareholders of Putprop shares, as at the record date of Friday, 21 October 2011, will be held at 11:00 on Wednesday, 9 November 2011 at the registered office of the company, 91 Protea Road, Chislehurston, Sandton.



Outlook

Property fundamentals continue to remain fairly strong in spite of the constraints of a general slowdown of the economy and the volatility of local and international markets. Our strategy is to enhance our property portfolio by investing in suitable industrial, retail and commercial properties thus enhancing our income streams. To this end the company will continue to pursue suitable tenanted properties in the year ahead. The group expects to maintain its current growth in the year ahead.
20-Jun-2011
(Official Notice)
10-Mar-2011
(Official Notice)
Notification was given of the following changes to Putprop's board of directors:

*Mr Albino Carleo, after 23 years of service, has resigned as an executive director and as CEO, with effect from 31 March 2011, following his decision to retire.

*Mr Bruno Carleo, currently an executive director, has been appointed as the new CEO, with effect from 1 April 2011.
10-Mar-2011
(C)
Gross property revenue rose marginally to R17.6 million (R17.3 million) and operating profit before capital items improved by 15% to R15.9 million (R13.8 million). Net profit attributable to equity holders of the company increased slightly to R13.9 million (R13.4 million), while headline earnings per share grew to 38.7cps (31.5cps).



Dividend

The board of directors has declared an interim dividend for the six months ended 31 December 2010 of 15 cents per ordinary share.



Prospects

Trading conditions during the next reporting period are expected to continue to be challenging in the form of rising vacancies, longer collection times, a deterioration of rental escalations and existing rental agreements coming under pressure from tenants to renegotiate terms. As already indicated, maintenance and refurbishment costs will increase substantially for the six months to June 2011. The board is of the opinion however, that a reasonable growth in earnings will still be achieved in the second half of the year. The group will resume paying both interim and final dividends for the foreseeable future.
24-Feb-2011
(Official Notice)
In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period. Accordingly, a review of the financial results for the six month period ended 31 December 2010 by management has indicated that earnings per share is expected to be between 43.8 and 53.0 cents and headline earnings per share is expected to be between 35.5 and 41.8 cents, compared to earnings per share of 46.4 cents and headline earnings per share of 31.5 cents for the six month period ended 31 December 2009. The financial information on which this trading statement is based has not been reviewed or reported on by Putprop's auditors. Putprop's interim results are expected to be released on SENS on or about 15 March 2011.

03 Nov 2010 14:03:03
(Official Notice)
Shareholders are advised that, at the annual general meeting of Putprop, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.
05 Oct 2010 15:21:28
(Official Notice)
Shareholders are advised that the form of proxy incorporated in the annual report for the 2010 financial year did not include the ordinary resolution dealing with the ratification of the executive directors' remuneration for the year ended 30 June 2010 Accordingly, a revised form of proxy in respect of the annual general meeting to be held on Wednesday, 3 November 2010 at 11:00 at the registered office of the company, 91 Protea Road, Chislehurston, Sandton, will be sent to all shareholders, together with a copy of this announcement.
30 Sep 2010 12:05:25
(Official Notice)
Shareholders are advised that the annual report for the year ended 30 June 2010 was dispatched on 30 September 2010 and contains no modifications to the consolidated condensed preliminary audited results published on 27 September 2010. Notice is hereby given that the annual general meeting of shareholders of Putprop will be held on Wednesday, 3 November 2010 at 11:00 at the offices of Putprop, 91 Protea Road, Chislehurston, Sandton to transact the business stated in the notice of the annual general meeting, which is contained in the Annual Report.
27 Sep 2010 16:07:57
(C)
Gross property revenue increased by 7% to R35.5 million (R33.1 million). Operating profit before capital items improved by 5.2% to R30.3 million (R28.8 million). Net attributable profit was up by 7.5% to R38 million (R35.3 million). In addition, headline earnings per share grew by 5.3% to 73.7cps (70cps).



Dividend

A final ordinary dividend of 20cps has been declared.



Outlook

Property fundamentals continue to remain fairly strong in spite of the constraints of a general slowdown of the economy and the volatility of local and international markets. Management believes that signs are emerging that general business conditions could start improving in the year ahead. The group expects to maintain its current growth in the year ahead. The company's strategy is still to invest in suitable industrial and commercial properties to improve our income streams.
15 Mar 2010 07:29:30
(C)
Gross property revenue was up by 7.5% to R17.3 million (R16.1 million). Net profit from property operations rose by 5.8% to R15 million (R14.2 million). However, net attributable profit decreased by 14.4% to R13.4 million (R15.6 million). In addition, headline earnings on per share basis fell by 5.4% to 31.5cps (33.3cps).



Outlook

Trading conditions during the next reporting period are expected to continue to be challenging with costs being an area expected to come under pressure. Maintenance will increase substantially for the six months to June 2010. There are some indications that the economic activity is again starting to increase as is evidenced in the increase in output of the manufacturing sector which will flow into the consumer market and ultimately the property market both residential and commercial. However, growth options at best remain limited in the near term.
11 Nov 2009 13:41:06
(Official Notice)
Shareholders are advised that, at the annual general meeting of Putprop held, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.
29 Oct 2009 11:11:30
(Official Notice)
Shareholders are advised that Putprop has reached agreement to acquire a property named Montana Park from Ama Manufacturing (Pty) Ltd ("Ama") ("the acquisition"). The acquisition will enhance the commercial gross lettable area ("GLA") in Putprop's portfolio, and will provide an increase in the income stream of the company.



The acquisition



Details of the property

Montana Park

The Montana Park property is situated on Portion 14 of Erf 2570, Montana Park Ext 57, Registration Division JR, Province of Gauteng and together with all buildings and improvements thereon, measures 8 544 square metres. The GLA of the property is 3 640 square metres and the weighted average rental per square metre is R42.59. The current tenant on the property is a subsidiary of a national listed group.



Purchase consideration and effective date

The total purchase consideration, being R12 700 000, will be paid out of the cash reserves of the company on the date of transfer. An agent's commission of R1 000 000 and estimated legal costs of R50 000 have been incurred to effect the acquisition. The effective date of the acquisition will be the date of registration and transfer of the property to Putprop. A valuation of the property was performed prior to the acquisition by Putprop's directors, who are not registered as professional valuers in terms of the Property Valuers Profession Act, 2000 (No 47 of 2000). The property was valued at an amount of R15 670 000.



Conditions precedent

All conditions precedent in respect of the acquisition have now been fulfilled and the acquisition has now become unconditional.



Classification of acquisition

The acquisition is classified as a Category 2 transaction in terms of the Listings Requirements of the JSE Ltd.
29 Sep 2009 17:58:59
(Official Notice)
Shareholders are advised that the annual report for the year ended 30 June 2009 was dispatched on 29 September 2009 and contains no material modifications to the condensed preliminary audited results published on 22 September 2009.



The annual general meeting of shareholders of Putprop will be held on Wednesday, 11 November 2009 at 11:00 at the offices of Putprop, 91 Protea Road, Chislehurston, Sandton to transact the business stated in the notice of the annual general meeting, which is contained in the annual report.
22 Sep 2009 12:27:03
(C)
Revenue increased from R28.9 million to R33.1million in 2009. Operating profit increased to R28.7 million (2008:R27.7 million). Profit attributable to ordinary shareholders increased to R35.3 million (R32.4 million). Headline earnings on a per share basis increased to 70.0cps (66.20cps).



Dividends per share

A final dividend of 22 cps was declared for the period under review.



Prospects

Property fundamentals continue to remain fairly strong in spite of the constraints of a general slowdown of the economy and the volatility of local and international markets. We believe that property fundamentals remain positive and that signs are emerging that general business conditions could start improving in the year ahead. The group expects to maintain its current growth in the year ahead.
17 Jun 2009 14:27:29
(Official Notice)
Mr James Egerton Smith has been appointed as financial director with effect from 17 June 2009.
26 Mar 2009 13:37:20
(Official Notice)
24 Mar 2009 09:05:38
(C)
Putprop acquired two properties in Midrand and Roodepoort for a total purchase price of R28.4 million during the period under review. The combined property portfolio comprises 16 properties with a gross lettable area of 88 138 square metres. The spread by gross rental income comprises 1% commercial, 90% industrial and 9% retail. The company as at 31 December 2008 had no vacant properties. Putprop reported headline earnings of 33.3c per linked unit for the interim period ended December 2008.



Dividend

A dividend of R0.10 (R0.15) per ordinary share has been declared for the period.



Future prospects

The group's strategy is to invest in suitable industrial, retail and commercial properties in order to provide a consistent and growing income stream.
19 Nov 2008 14:32:21
(Official Notice)
Shareholders are advised that, at the annual general meeting of Putprop held, all the resolutions were passed by the requisite majority of shareholders. The special resolution will be submitted for registration at the Companies and Intellectual Property Registration Office in due course.
28 Oct 2008 18:02:59
(Official Notice)
Shareholders are advised that the annual report for the year ended 30 June 2008 was dispatched on 28 October 2008 and contains no material modifications to the provisional results published on 1 October 2008.



Notice was also given that the annual general meeting of shareholders of Putprop will be held on Wednesday, 19 November 2008 at 11:00 at the offices of Putprop, 91 Protea Road, Chislehurston, Sandton to transact the business stated in the notice of the annual general meeting, which is contained in the annual report.
01 Oct 2008 10:03:11
(C)
Revenue increased from R20.6 million to R33.2 million, when compared to the previous year. Headline earnings increased form 59.8cps to 66.2cps. The directors have resolved to declare a final dividend of 22cps.



Future Prospects

Centurion Gate, a major commercial and residential complex in Centurion, is still being developed and should produce an income flow for next year. Management's strategy is still to invest in suitable industrial and commercial properties to improve the group's income streams.
23 Sep 2008 09:35:09
(Official Notice)
A review of the financial results for the year ended 30 June 2008 by management has indicated that earnings per share are expected to be between 43% and 63% higher and headline earnings per share are expected to be up to 20% higher than the previous corresponding period. Putprop`s financial results are expected to be released on SENS on or about 30 September 2008.
07 May 2008 16:17:40
(Official Notice)
Shareholders are hereby advised that Putprop has appointed Merchant Sponsors (Pty) Ltd as Sponsor to the company, effective 1 May 2008.
27 Mar 2008 16:30:24
(C)
Gross rentals received decreased by 22%, from R14.8 million to R11.5 million, as compared to the same period last year. Interest received increased by 120% to R2.2 million. Operating expenditure increased by 18%, from R2.2 to R2.6 million. Profit before taxation increased by 61%, from R11.7 million to R18.8 million. Earnings per share increased by 79%, from 26.4c to 47.2c per share. The directors have decided to declare a dividend of 15c (15c) per share in respect of the six-month period ended 31 December 2007.
26 Mar 2008 16:11:17
(Official Notice)
Accordingly, Putprop shareholders are advised that it is anticipated that in respect of the half year ended 31 December 2007 and because the prior half year results were severely and adversely impacted by the cancellation and subsequent renewal of the company's major rental agreement, earnings per share are expected to be between 35% and 40% higher than the prior period. It is anticipated that Putprop's interim results will be released on or about Friday, 28 March 2008.
24 Mar 2006 16:50:37
(C)
28 Nov 2005 11:03:19
(Permanent)
Putco Properties Ltd changed its name to Putprop Ltd on 25 November 2005.
16 Nov 2005 17:54:08
(Official Notice)
At the annual general meeting of shareholders held at 12:00 on Wednesday, 16 November 2005 the requisite majority of shareholders approved the ordinary resolutions as contained in the notice convening that annual general meeting, relating to:

*the consideration of the financial statements for the financial year ended 30 June 2005 and to approve the remuneration of directors as reflected in those statements;

*the re-election of the following directors : Messrs A B Adrian and B C Carleo;

*the retention of the current auditors, Ernst - Young, and it was resolved that the auditors remuneration be left to the discretion of the directors;

*granting a general authority to place the unissued shares under the general control of the directors until the next AGM; and

*renewing the authority granted to the directors to issue the unissued shares of the company.



In addition, the following special resolutions were approved by the requisite majority of shareholders:

*the change of name from Putco Properties Limited to Putprop Limited; and

*the authorisation facilitating the future buy-back of the shares of the company.



The salient dates for the implementation of the change of name are as follows:

*Last day to trade under old name "Putco Pty Ltd" -- Friday, 25 November 2005

*Change of name effective from close of business on -- Friday, 25 November 2005

*Trade under the new name "Putprop Ltd" and new ISIN no. ZAE000072310 from commencement of trading on -- Monday, 28 November 2005

*Record date -- Friday, 2 December 2005

*New share certificates reflecting the change of name posted by registered post to Putprop certificated shareholders who have surrendered their documents of title -- Monday, 5 December 2005.

*Dematerialised Putprop shareholders' safe custody accounts updated with new name by their CSDP or broker -- Monday, 5 December 2005.
30 Sep 2005 15:45:03
(Official Notice)
As reported in the 2004 annual financial statements, the company wishes to change its name to more effectively describe and identify its core business. Shareholders are advised of the following timetable for the proposed name change of Putco Properties Ltd to Putprop Ltd (which currently trades under the abbreviated name "Putprop", JSE share code "PPR" and the ISIN code: ZAE000005567). The salient dates for the implementation of the change of name are as follows:

*Circular and notice of general meeting posted to shareholders Friday, 30 September 2005

*Annual general meeting of shareholders to be held at 12:00 and results of annual general meeting and finalisation data published on SENS on Wednesday, 16 November 2005

*Last day to trade under old name "Putco Properties Ltd" Friday, 25 November 2005

*Change of name effective from close of business on Friday, 25 November 2005

*Trade under the new name "Putprop Ltd" and new ISIN no. ZAE000072310 from commencement of trading on Monday, 28 November 2005

*Record date Friday, 2 December 2005
30 Sep 2005 15:36:43
(C)
Rental revenue decreased by 11.5% to R23.9m (R27m) compared to the previous year, despite a 9% escalation in rental charges. The reasons were that the Wembly, Lea Glen and Garthdale properties did not attract the 9% rental increase, as previously agreed to by the board. Further reasons were the losses of the Boksburg rental with its sale for R4.5m on 31 March 2004, the Wembly (Glenesk) rental with its sale for R5.5m on 21 December 2004 and the Alrode rental with its sale for R4.5m on 10 May 2005. These sales resulted in an increase in cash resources. A net profit for the year of R21.6m (R16.4m) was achieved. Although earnings per share rose to 75.1cps (57cps), headline earnings fell to 49.0cps (54.7cps). A dividend of 25cps has been declared.



Prospects

As reported in Putprop's 2004 annual financial statements, a strategic plan has been developed to grow the group into a fully-fledged property investment company by acquiring quality, income producing retail and office properties throughout South Africa and at the same time disposing of the currently owned properties that do not fall into its current client's long-term plans. The time is right to investigate diversification into other property development projects in industrial, commercial and residential markets. The board is of the opinion that this strategy needs to be reflected in the name of the company and have thus decided to propose that the name be changed in order to effectively describe and identify the company's core business and differentiate the brand of the company in a market perspective (being a property investment company) from that of Putco (Pty) Ltd (being a company previously listed on the JSE which provides daily commuter transport services primarily in the Gauteng and Mpumalanga areas). The proposed new name for the company is Putprop Ltd.



28 Sep 2005 10:14:07
(Official Notice)
Shareholders are advised that the earnings per share for the year ended 30 June 2005 will be between 30%-32% higher than that of the prior restated comparative period. Headline earnings per share for the year ended 30 June 2005 will be between 9- 11% lower than that of the prior restated comparative period. The above information has been based on the company`s audited results for the financial year ended 30 June 2005 which are expected to be published on or about 30 September 2005.
23 Sep 2005 14:38:04
(Official Notice)
The board of directors has resolved to declare a final dividend of 25cps to all ordinary shareholders. The dividend is declared out of estimated consolidated current year profits before tax of R30.084m.



The following dates are applicable:

*Last day to trade cum the dividend -- Friday, 14 October 2005

*Date trading commences ex the dividend -- Monday, 17 October 2005

*Record date -- Friday, 21 October 2005

*Date of payment -- Monday, 24 October 2005



The final distribution has not been audited.

The audited annual financial statements for the year ended 30 June 2005 are expected to be distributed and published on SENS on Friday, 30 September 2005.

24-Oct-2017
(X)
Putprop is a property investment company listed on the main board of the JSE Ltd. under the real estate sector. The Company invests in industrial, commercial and retail properties, deriving its income from contracted rentals. Putprop?s primary objective is to build a quality portfolio with strong contractual cash flows resulting in long-term sustainability and capital appreciation. Growth will come from strategic investments, focused on industrial, retail and commercial opportunities where yields are enhancing in the medium and long-term.



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