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31-Aug-2018
(Official Notice)
Shareholders are hereby advised that the Company has entered into negotiations, 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 full announcement is made.
10-Aug-2018
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of the Company held at 11:00 today, Friday, 10 August 2018 at DoubleTree by Hilton, 31 Brickfield Road, Upper East side, Woodstock, Cape Town, (?AGM?), all of the resolutions were passed by the requisite majorities of the Company?s shareholders.
26-Jul-2018
(Official Notice)
Shareholders are referred to the company?s announcement released on SENS on 11 June 2018, in which it was communicated to shareholders that the company entered into a sale of shares agreement with High Mast Properties 30 (Pty) Ltd. (?Seller?), Webram Four (Pty) Ltd. (?Webram?) and Adam Lee Morze in terms of which the company will acquire from the Seller 100 ordinary shares in the issued share capital of Webram constituting 100% of the entire issued share capital of Webram, the sole owner of (i) erf 5248 Montague Gardens, measuring 5 900 square metres and held under deed of transfer T49977/2001 and (ii) erf 5254 Montague Gardens, measuring 7 136 square metres and held under deed of transfer T449977/2001, and all improvements thereon, situated at 1 Waterhouse, Century City (?Acquisition?).



The company announced that the conditions precedent to the Acquisition have been fulfilled. Accordingly, the Acquisition will be effective as from today, 26 July 2018.
19-Jul-2018
(Official Notice)
Shareholders are referred to the company?s announcement released on SENS on 13 March 2018, in which it was communicated to shareholders that the company, through its wholly-owned subsidiary, Spear Holdco (Pty) Ltd. (?Seller?), concluded a sale agreement with Arctigen (Pty) Ltd. (?Purchaser?) in terms of which the Purchaser will acquire the vacant property situated on Erf 142181, Cape Town, more commonly known as 142 Bree Street (?Property?) from the Seller (?Disposal?).



The company announced that the condition precedent to the Disposal has been fulfilled and that registration of the transfer of the Property into the name of the Purchaser occurred today, 19 July 2018. Accordingly, the Disposal will be effective as from today, 19 July 2018.
16-Jul-2018
(Official Notice)
The board of directors of the Company advised that Dr Rozett Phillips ("Roze") has been appointed as an independent non-executive director Company with effect from 16 July 2018.
03-Jul-2018
(Official Notice)
Shareholders are referred to the announcement published by the Company on 29 June 2018 in terms of which shareholders were advised that the Company has distributed its annual report, incorporating the notice of annual general meeting (?Notice of AGM?).



Further to the publication of the aforementioned SENS announcement and the distribution of the Notice of AGM, shareholders are hereby advised that it has come to the attention of the Company that the date upon which the proxy form must reach the transfer secretaries, as contained in the Notice of AGM has been erroneously stated as ?Thursday, 9 August 2018? instead of ?Tuesday, 7 August 2018?.



For the avoidance of doubt, the details are restated below:

The instrument appointing a proxy and the authority (if any) under which it is signed must reach the transfer secretaries of the Company at the address provided on the inside back cover of this Integrated report by not later than 11:00 on Tuesday, 7 August 2018, provided that any form of proxy not delivered to the transfer secretaries by this time may be handed to the chairman of the AGM prior to the commencement of the AGM, at any time before the appointed proxy exercises any shareholder rights at the AGM.
29-Jun-2018
(Official Notice)
Shareholders are hereby advised that Spear?s integrated report, containing the audited consolidated annual financial statements for the year ended 28 February 2018, was dispatched to shareholders today, 29 June 2018, and contains no modifications to the audited results which were announced on SENS on 17 May 2018. The annual report is also available at www.spearprop.co.za.



Notice of AGM

Notice is hereby given that the annual general meeting of Spear will be held at DoubleTree by Hilton, 31 Brickfield Road, Upper Eastside, Woodstock, Cape Town on Friday, 10 August 2018 at 11:00 to transact the business as set out in the notice of the annual general meeting.
28-Jun-2018
(Official Notice)
Shareholders are advised that Spear REIT?s corporate office has been relocated to the following new address:

* Physical address: 16th Floor, 2 Long Street, Cape Town, 8001.



All other contact details have also changed as follows:

* Postal address: PO Box 50, Observatory, 7935.

* Telephone: 021 286 2700

* Telefax: 021 035 1634



A change in the registered address of the Company to the above physical address has been registered with the Companies and Intellectual Property Commission.
11-Jun-2018
(Official Notice)
Shareholders were advised that on 8 June 2018, Spear entered into a sale of shares agreement (?Sale of Shares Agreement?) with High Mast Properties 30 (Pty) Ltd. (?Seller?), Webram Four (Pty) Ltd. (?Webram?) and Adam Lee Morze (?Morze?) in terms of which Spear will acquire from the Seller 100 ordinary shares in the issued share capital of Webram constituting 100% of the entire issued share capital of Webram, the sole owner of (i) erf 5248 Montague Gardens, measuring 5 900 square metres and held under deed of transfer T49977/2001 and (ii) erf 5254 Montague Gardens, measuring 7 136 square metres and held under deed of transfer T449977/2001, and all improvements thereon, situated at 1 Waterford Place, Century City (?Property?) (?Acquisition?).



Purchase consideration

In terms of the Sale of Shares Agreement, the purchase consideration payable by Spear to the Seller for the Acquisition is an amount equal to the sum of R112 500 000 plus (if the amount is positive) or minus (if the amount is negative) an amount equal to the net working capital of Webram as at the Effective Date (as defined below) (?Purchase Consideration?).



The Purchase Consideration will be settled as follows:

? a cash deposit in the sum of R 3 000 000 on the later of the date of signature of the Sale of Shares Agreement and Friday, 8 June 2018, which deposit will not be refundable to Spear despite the lapsing or termination of the Sale of Shares Agreement, unless such lapsing or termination is as a result of the fault of the Seller;

? the allotment and issue to the Seller by Spear on the Closing Date (as defined below) of 5 198 020 shares in the share capital of Spear at a price of R10.10 per share (?Consideration Shares?); and

? payment of the sum of R57 000 000 in cash.



In addition to the Purchase Consideration, the Purchaser shall pay agent?s commission of R2 000 000.



Effective date

The closing date shall be the third business day following the date on which the conditions precedent are fulfilled (?Closing Date?). Notwithstanding the Closing Date or the date of signature of the Sale of Shares Agreement, the effective date of the Acquisition will be 1 July 2018 (?Effective Date?).
01-Jun-2018
(Official Notice)
Spear REIT announced that it successfully completed a private placement and has received commitments to subscribe for R118.5 million of new equity. In terms of the private placement, a total of 11 850 000 new shares will be issued at a price of R10.00 per share. Subject to approval of the JSE, listing and issue of the new Spear shares will commence at 09:00 on Monday, 11 June 2018.
01-Jun-2018
(Official Notice)
Notice is hereby given that the company?s annual compliance report in terms of section 13G(2) of the Act has been published and is available on the company?s website at www.spearprop.co.za.
17-May-2018
(Official Notice)
Shareholders were advised that Quintin Rossi has succeeded Mike Flax as the new chief executive officer of Spear, with effect from 17 May 2018.



Mike Flax?s role within Spear has changed to that of executive deputy chairman, with effect from the same date. Going forward Mike will focus his energy on strategic growth plans for Spear?s development pipeline and on unlocking value for the portfolio. Mike will continue to be a key mentor to Quintin as he assumes the leadership of Spear.
17-May-2018
(C)
The following results are the maiden full twelve month results since listing therefore are incomparable. Total revenue came to R316.6 million whilst net operating profit was R211.6 million. Profit attributable to equity holders of R383.2 million was recorded. In addition, headline earnings per share were 92.6 cents per share.



Distribution

Notice was given of the declaration of a final distribution (number three) of 41.54992 cents per share for the year ended 28 February 2018 from income reserves.



Company prospects and guidance

The Western Cape property sector has for the most part continued to outperform the rest of South Africa and management's continued focus on regional investment has provided a level of insulation from the tougher trading conditions experienced in regions outside of the Western Cape. Spear continues to have a healthy pipeline of greenfield and brownfield development opportunities within the portfolio, which will unlock further value for the group in time.



Management remains confident that demand for its high-quality rental properties across the various sectors within the Western Cape will continue given its tenant-centric approach and hands-on asset management skills. In light of the recent acquisitions, improved cost of debt and other operational efficiencies created within the company, management advises that distribution per share for the year ending 28 February 2019 is anticipated to be 9-11% higher than the total distribution for the year ended 28 February 2018. The latter revision is premised upon the following assumptions:

* That a relatively stable macroeconomic environment will prevail

* That lease renewals are concluded as per the company forecast

* That no major tenant failures will take place and improved hospitality trading conditions

* That tenants will successfully absorb rising costs associated with utility consumption charges and municipal rates

* That the Western Cape experiences a wet winter that breaks the current drought.
08-May-2018
(Official Notice)
13-Mar-2018
(Official Notice)
Shareholders are hereby advised that the Company, through its wholly-owned subsidiary, Spear Holdco (Pty) Ltd. (?Seller?), concluded a sale agreement (?the Agreement?) with Arctigen (Pty) Ltd. (?Purchaser?), on or about 12 March 2018. In terms of the Agreement, the Purchaser will acquire the vacant property situated on Erf 142181, Cape Town, more commonly known as 142 Bree Street (?the Property?) (?the Disposal?).



Purchase consideration

* In terms of the Agreement, the purchase price for the Property is R150 000 000 (exclusive of VAT) (?Purchase Consideration?).

* The Purchase Consideration will be settled on the date of transfer of the Property into the name of the Purchaser, (?Transfer Date?), following the fulfilment or, where applicable, waiver of the condition precedent.

* In terms of the Agreement, the Purchase Consideration will be settled as follows:

** a deposit in an amount of R10 000 000 is payable on signature of the Agreement;

** the balance the Purchase Consideration in an amount of R140 000 000 (?Balance?) is payable in cash against registration of transfer of the Property into the name of the Purchaser; and

** the VAT on the Purchase Consideration in an amount of R22 500 000 is payable approximately 45 days prior to the registration of transfer of the Property.

* In respect of the Balance, the Purchaser has furnished the Seller with an acceptable guarantee.



Conditions precedent

The Disposal is subject to the fulfilment or, where applicable, waiver of the Condition Precedent that by no later than 1 June 2018, to the extent that such approval may be required, the Disposal be approved unconditionally by the competition authorities in terms of the Competition Act, No. 89 of 1998 or, in the event of a conditional approval, on terms acceptable to the parties to the Disposal.
02-Mar-2018
(Official Notice)
Shareholders are advised in terms of paragraph 3.78 of the JSE Listings Requirements that the company has been informed by its audit firm that there has been a change in its network firm from Grant Thornton Cape Inc. to BDO, as a result of the merger of BDO South Africa and Grant Thornton Cape Town. Accordingly, with effect from 1 March 2018, the audit firm of the company is now BDO, however the designated audit partner has remained unchanged. The change in audit firm was initiated by the audit firm as a result of the aforementioned merger.



The Audit Committee will in due course follow the process detailed in paragraph 3.84(g)(iii) of the JSE Listings Requirements relating to BDO. This process will be completed before the audit firm signs its next audit report. It is important to note, that whilst the designated audit partner has remain unchanged, the Audit Committee must request and consider the separate information about the receiving audit firm, as the company is deemed to be appointing BDO for the first time.
01-Mar-2018
(Official Notice)
Shareholders are hereby advised that Spear has appointed Mr. Cliff Toerien as Chief Operating Officer, with effect from today, 1 March 2018.
26-Jan-2018
(Official Notice)
Shareholders are hereby advised that at the general meeting of Spear held at 11:00 today, Friday, 26 January 2018 at Double Tree by Hilton Cape Town at the Upper Eastside, 31 Brickfield Road, Woodstock, Cape Town (?GM?), all of the resolutions were passed by the requisite majority of Spear shareholders.
26-Jan-2018
(Official Notice)
Shareholders are referred to the August 2017 interim results announcement published on 19 October 2017 whereby shareholders were advised that the revised forecast distribution per share for the year ended 28 February 2018 would be 77 cents.



Shareholders are hereby advised that, despite tough trading conditions in the tourism sector, Spear is on course to meet or exceed its revised forecast.
18-Jan-2018
(Official Notice)
Shareholders are referred to the Company?s announcement released on SENS on 19 September 2017 (?Announcement?), relating to the acquisition of Erf 23427 Parow, measuring 2.2322 hectares, held by deed of transfer T42314/2017 situated at 100 Fairway Close, Parow (?Property?) and the rental enterprise conducted in respect of the Property (?Transaction).



The Company is pleased to announce that all conditions precedent in relation to the Transaction have been fulfilled and the Transaction successfully closed on 18 January 2018.



The purchase consideration in respect of the Transaction has been settled through the assumption of liabilities and through the issue of 2 674 830 new ordinary shares of no par value (?Consideration Shares?).



Following the issue of the Consideration Shares, Spear now have a total of 165 190 689 shares in issue of which 1 084 469 are treasury shares.
15-Dec-2017
(Official Notice)
Shareholders are hereby advised that the Company has entered into a sale agreement (?the Agreement?) with PE Shelf Co No 193 (Pty) Ltd. (?Seller?) on 14 December 2017 (?Signature Date?). In terms of the Agreement, the Company will acquire the property known as Blackheath Park, situated at Erf 928 Blackheath, measuring 6.4973 hectares and held by the Seller under deed of transfer T26687/2007 (?the Property?) and the rental enterprise conducted by the Seller on the Property (?Rental Enterprise?), as a going concern (?the Acquisition?).



Purchase consideration

In terms of the Agreement, the purchase consideration for the Rental Enterprise, including the Property, is an amount of R110 500 000 which includes value added tax at the rate of zero percent (?Purchase Consideration?). The Purchase Consideration bears interest at the prime interest rate from 1 May 2017 to the date of transfer of the Property into the name of the Company (?Transfer Date?).



The Purchase Consideration will be paid by the Company in cash on the Transfer Date, following the fulfilment or waiver (to the extent applicable) of the conditions precedent to the Acquisition. The Purchase Consideration shall be funded by debt funding or a vendor consideration placing, or combination of both.



The Company will provide the Seller with normal guarantees for the payment of the Purchase Consideration, including the provision of a guarantee in the amount of R3 000 000, should the Agreement be cancelled by reason of a breach by the Company.



Conditions precedent

The Acquisition is subject to the fulfilment or waiver (to the extent applicable) of the following outstanding conditions precedent, namely that:

* within five days after the Signature Date, the investment committee of the Company's board of directors approves the Acquisition; and

* within a period of 120 days after the Signature Date, the Acquisition is approved unconditionally by the relevant competition authorities in terms of the Competition Act, No 89 of 1998.



Effective date

The Acquisition will become effective on the Transfer Date, anticipated to be 01 April 2018.
08-Dec-2017
(Official Notice)
19-Oct-2017
(C)
Spear REIT released their maiden interim results, therefore there are no comparable figures. Total revenue for the period came in at R120.7 million, profit attributable to equity owners of parent was R133 million, while headline earnings per share was recorded at 44.25 cents per share.



Dividend

The board approved and declared distribution number 2 of 36.95 cents per share on 19 October 2017. The distribution declared is an increase of 0.5% over the revised interim forecasted distribution of 36.77 cents per share and the Company is on target to achieve its revised forecast distribution of 77 cents per share for the financial year ending 28 February 2018.



Prospects and guidance

As at 17 May 2017 management had, in light of recent acquisitions, improved cost of debt, and other operational efficiencies within the Company. Management has also issued revised guidance for the full-year distribution per share for the year ending 28 February 2018 to be 77 cents premised upon the following assumptions:

? a stable macro-economic environment will prevail;

? lease renewals are concluded as per the Company forecast;

? no major tenant failures take place;

? tenants absorb rising tenancy costs; and

? all new acquisitions successfully transfer to Spear.



The interim distribution of 36.95 cents per share is in line with management's guidance set out for the period ending 31 August 2017.
13-Oct-2017
(Official Notice)
Shareholders are referred to the cautionary announcement dated 14 September 2017.



Shareholders are hereby advised that the negotiations have been terminated.



Accordingly, caution is no longer required to be exercised by shareholders when dealing in the Company?s securities.

19-Sep-2017
(Official Notice)
14-Sep-2017
(Official Notice)
Shareholders are hereby advised that the Company has entered into negotiations, 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 full announcement is made.

11-Aug-2017
(Official Notice)
Shareholders are hereby advised that all of the ordinary and special resolutions tabled at the annual general meeting of Spear held on 11 August 2017 at Double Tree by Hilton, 31 Brickfield Road, Upper Eastside, Woodstock, Cape Town were passed by the requisite majority.
03-Aug-2017
(Official Notice)
Shareholders are referred to the Notice of Annual General Meeting, distributed on Thursday,13 July 2017. Shareholders are hereby advised that special resolution number 1 contains an error in that the fee stipulated for a board member (not serving on a committee) is stated as an annual fee of R50 000.00, when in fact it is a quarterly fee of R50 000.00. Accordingly shareholders are advised that this resolution will be modified to reflect a quarterly fee at the annual general meeting to be held on Friday, 11 August 2017.
31-Jul-2017
(Official Notice)
Shareholders are referred to the company?s announcement released on SENS on 31 March 2017(?Announcement?), relating to the acquisition of Mega Park (?Transaction).



The company announced that all conditions precedent in relation to the Transaction have been fulfilled and the Transaction successfully closed today, 31 July 2017.



The purchase consideration in respect of the Transaction has been settled through the assumption of liabilities and through the issue of 15 675 740 new ordinary shares of no par value (?Consideration Shares?).



Following the issue of the Consideration Shares today, Spear now have a total of 162 515 859 shares in issue of which 189 557 are treasury shares.
26-Jul-2017
(Official Notice)
The board of directors of Spear is pleased to advise shareholders that the company, through its wholly-owned subsidiary Spear Holdco (Pty) Ltd. (?Purchaser?), has entered into a sale of letting enterprise agreement with Accelerate Property Fund Ltd. (?Seller?) dated 21 July 2017 (?the Agreement?)to acquire the property situated on Erf 34109, Bellville, City of Cape Town, known as Tyger Manor Retail Centre (?the Property?) and the letting enterprise conducted by the Seller as a going concern (?Letting Enterprise?) in respect of the Property (?the Acquisition?).



Rationale

The Acquisition is in line with Spear?s strategy to increase its investments in the Tygervalley node and is at a yield of 9.31%, which is accretive to shareholders. The Property is in very close proximity to Spear?s existing properties in the area and will allow Spear to enhance value to the Property given Spear?s acute understanding of tenant demands in the area.



Purchase consideration

In terms of the Agreement, the purchase price for the Property and the Letting Enterprise is R59 600 000 (inclusive of VAT at a rate of 0%) and will be funded by debt facilities and /or a vendor consideration placing.



Categorisation

The Acquisition is uncategorised in terms of the JSE Listings Requirements, and the information contained in this announcement has been voluntarily disclosed by the company.
13-Jul-2017
(Official Notice)
Shareholders are hereby advised that Spear?s annual report (?the annual report?), containing the audited consolidated financial statements for the four months ended 28 February 2017, was dispatched to shareholders today, 13 July 2017, and contains no modifications to the reviewed results which were announced on SENS on 17 May 2017. The annual report is also available at www.spearprop.co.za.



Notice of AGM

Notice is hereby given that the annual general meeting of Spear will be held at Double Tree by Hilton, 31 Brickfield Road, Upper Eastside, Woodstock, Cape Town on Friday, 11 August 2017 at 11:00 to transact the business as set out in the notice of the annual general meeting.



The date on which shareholders must be recorded as such in the share register to be eligible to vote at the annual general meeting is Friday, 4 August 2017, with the last day to trade being Tuesday, 1 August 2017
13-Jul-2017
(Official Notice)
Shareholders are hereby advised that Spear?s annual report (?the annual report?), containing the audited consolidated financial statements for the 4 months ended 28 February 2017, was dispatched to shareholders today, 13 July 2017, and contains no modifications to the reviewed results which were announced on SENS on 17 May 2017. The annual report is also available at www.spearprop.co.za.



Notice of AGM of PSG Group

Notice is hereby given that the annual general meeting of Spear will be held at Double Tree by Hilton, 31 Brickfield Road, Upper Eastside, Woodstock, Cape Town on Friday, 11 August 2017 at 11:00 to transact the business as set out in the notice of the annual general meeting. The date on which shareholders must be recorded as such in the share register to be eligible to vote at the annual general meeting is Friday, 4 August 2017, with the last day to trade being Tuesday, 1 August 2017.
03-Jul-2017
(Official Notice)
Spear announces that it successfully completed a private placement to raise R182.5 million, by way of a vendor consideration placement. In terms of the private placement, a total of 19 220 191 new shares will be issued at a price of R9.50 per share.



The consideration raised will be used to repay debt incurred in previous acquisitions and to fund acquisitions that have or are being concluded.



Subject to approval of the JSE, listing and issue of the new Spear shares will commence at 09:00 on Friday, 7 July 2017 (?New Issue?).



Following the New Issue, Spear will have a total of 146 840 119 shares in issue of which 193 693 will be treasury shares.



PSG Capital acted as the sole bookrunner in the capital raise.



29-Jun-2017
(Official Notice)
Shareholders are hereby advised that Mr Cormack Sean McCarthy has been appointed as a non-executive director to the board of Spear with effect from 28 June 2017.
05-Jun-2017
(Official Notice)
Shareholders are referred to the announcement published on SENS on 29 May 2017, advising that Spear REIT would be undertaking an investor roadshow as part of a capital raise, in order to fund acquisitions that have been concluded and announced on SENS. Spear REIT sought to raise up to R280 million in terms of the capital raise through the issue of new shares in terms of a vendor consideration placing.



Spear REIT is pleased to advise that it has received bids for R528 million in terms of the capital raise and that the capital raise was 1.89 times oversubscribed. Due to authority restraints, the size of the capital raise has not been increased and accordingly 29.3 million new Spear REIT shares will be issued at an issue price of R9.50 in terms of the capital raise.



Subject to approval of the JSE, listing and issue of the new Spear shares will commence at 09:00 on Monday, 12 June 2017 (?New Issue?). Following the New Issue, Spear REIT will have a total of 127 619 928 shares in issue of which 217 693 will be treasury shares. PSG Capital acted as the sole bookrunner in the capital raise.
29-May-2017
(Official Notice)
Spear REIT will be undertaking an investor roadshow as part of a capital raise in order to fund acquisitions that have been concluded and announced on SENS. During this roadshow an investor presentation will be provided to investors, a copy of which is available on the Spear website (www.spearprop.co.za).
17-May-2017
(C)
Spear REIT listed as a Real Estate Investment Trust ('REIT') on the AltX of the Johannesburg Stock Exchange ('JSE') on 11 November 2016. This represents the maiden final results for the four month period since listing, therefore there are no comparatives. Total revenue came in at R61.3 million. Profit from operations was recorded at R75.1 million while total comprehensive income for the period attributable to equity owners amounted R65.3 million. Headline earnings per share was recorded at 96.65cps.



Maiden distribution

Notice is hereby given of the approval and declaration of the maiden distribution of 23.51363 cents per share for the 4 months ended 28 February 2017, from income reserves.



Company prospects

The continued strong performance of the Western Cape property sector and the regional specialisation of Spear insulates the Company to a degree from the current weak economic climate. The Western Cape focus of the Company and management's proximity to assets will continue to stand the Company in good stead well into the future, given the continued and successful implementation of the Company strategy to only invest in high-quality assets in the Western Cape along with its healthy pipeline of greenfield and brownfield development opportunities.



The Board is confident that demand for quality rental properties across the various sectors within the Western Cape will continue as the effects of semigration will create additional demand for rental properties. Along with strong property fundamentals, and in line with the PLS issued on 21 October 2016, management's distribution forecast for the year ending 28 February 2018 is 74 cents per share. In the light of recent acquisitions and other operational efficiencies created within the Company, management advises that distribution per share for the year ending 28 February 2018 is anticipated to be higher than the original forecast of 74 cents per share by 2-4%. The latter revision is premised upon the following assumptions:

*that a relatively stable macro-economic environment will prevail

*that lease renewals are concluded as per the Company forecast

*that no major tenant failures will take place

*that tenants will successfully absorb rising costs associated with utility consumption charges and municipal rates

*that all acquisitions successfully transfer to Spear as per the subsequent events disclosure.

16-May-2017
(Official Notice)
Spear will announce its results for the 4 months ended 28 February 2017 on Wednesday, 17 May 2017.



A lunchtime presentation for shareholders and analysts will be held at Double Tree by Hilton at Upper Eastside, 31 Brickfield Road, Woodstock, Cape Town at 13h00 on Wednesday, 17 May 2017.



Shareholders and analysts that are not able to attend in person can log into the webcast presentation will take place at 13h00 on Wednesday, 17 May 2017, registration for which can be accessed via the following link: http://www.corpcam.com/Spear17052017.



For more details on the above please contact David Tosi, Willie Honeyball, or Thulani Madinginye of PSG Capital at the contact details below.



Shareholders and analysts are advised that a copy of the results presentation will be available on the company?s website (www.spearprop.co.za) from Wednesday, 17 May 2017, following the publication of the results on SENS.
21-Apr-2017
(Official Notice)
The Company previously adopted distribution per share as the applicable criteria for trading statement purposes. Accordingly, shareholders are advised that SpearREIT anticipates that its distribution per share for the 4-month period ended 28 February 2017 will be between 23.30 cents per share and 23.70 cents per share, being between 15.69% and 17.68% higher than the 20.14 cents per share forecast per the Spear Pre-Listing Statement issued on 21 October 2016.



Distribution growth was enhanced primarily due to strong portfolio revenue growth as well as prudent and active asset and financial management, resulting in rental income growth and operating expense savings. The financial results for the year ended 28 February 2017 will be published on or about 17 May 2017.
31-Mar-2017
(Official Notice)
Shareholders are hereby advised that the Company and its subsidiary, Spear Holdco Proprietary Limited (?Spear Holdco?), have entered into sale of letting enterprise agreement and share sale agreements (?the Agreements?) with Mega Park Investments Proprietary Limited (?Seller?). In terms of the Agreements, the Spear Holdco will acquire the property situated on Erf 40247 Bellville, City of Cape Town, known as Mega Park (?the Property?) and the letting enterprise conducted by the Seller as a going concern (?Letting Enterprise?) in respect of the Property (?the Acquisition?).



The Acquisition is subject to the fulfilment or waiver of the following outstanding conditions precedent, namely that:

*within a period of 21 business days following the signature date of the Agreements, the Spear Holdco confirms in writing that it is satisfied with its due diligence investigation of the Letting Enterprise, in its sole discretion;

*within a period of 5 business days after the fulfilment of the condition precedent in paragraph 4.1.1 above, the investment committee of the board of directors of Spear, approves the Acquisition on the terms and conditions set out in the Agreements;

*within a period of 20 business days after the fulfilment of the condition precedent in paragraph 4.1.1 above, the Lenders agree in writing, in terms reasonably acceptable to the Spear Holdco, to the assumption by the Spear Holdco of the Assumed Liabilities, with effect from the Transfer Date;

*within a period of 21 business days after the fulfilment of the condition precedent in paragraph 4.1.1 above, the Spear Holdco obtains a loan from a bank or financial institution in an amount of not less than R211 000 000 (being an amount approximately equal to the Assumed Liabilities on the Transfer Date) against security of a mortgage bond over the Property; and

*within a period of 120 days after the signature date of the Agreements, the Acquisition is approved unconditionally by the competition authorities in terms of the Competition Act, No 89 of 1998 or, in the event of a conditional approval, on terms acceptable to the parties to the Acquisition.



The Acquisition will become effective on the Transfer Date.

28-Mar-2017
(Official Notice)
Shareholders are referred to the SENS announcement released on 23 March 2017 relating to the acquisition of the 15 on Orange Hotel ("Announcement").



Shareholders are hereby advised that the wording ''weighted average gross rental'' in the table in paragraph 6 of the Announcement should have in fact stated ''weighted average net income''. For the avoidance of doubt, this figure represents the net income per square metre that will be attributable to the property for the first 365 days, due to the net income guarantee provided by the Sellers.
23-Mar-2017
(Official Notice)
Shareholders of the Company are advised that the Company acting through its subsidiary, Spear Holdco (Pty) Ltd. (?Spear Holdco?), has entered into a subscription agreement and a share purchase agreement (?Agreements?), on or about 17 March 2017 (?Signature Date?), to subscribe for and acquire 100% of the share capital (?Acquisition?) of Blend Property 15 (Pty) Ltd. (?Blend 15?) from Blend Property 17 (Pty) Ltd. and Platinum Hospitality Corporation (Pty) Ltd. (?Platinum?)(collectively, the ?Sellers?).



Blend 15 currently owns the immovable property comprising the portions of the 15 on Orange sectional title scheme that comprise the 15 on Orange Hotel and certain retail sections (?Property?).



Certain condominiums currently owned by Blend 15 are effectively excluded from the transaction and will be transferred to Blend 17 (?Condo Sales?) post the Acquisition.



Consideration

The consideration for the Acquisition is an effective amount of R298 000 000 (?Consideration?), plus or minus any working capital adjustments. The Consideration will be funded through a combination of loan funding and new equity that will be raised through a vendor consideration placement.



Effective date

The effective date of the entire Acquisition shall be the third business day following the registration of a mortgage bond over the Property in favour of the provider of the loan funding required for the Acquisition (?Effective Date?), which is expected to occur on or about 01 July 2017, subject to fulfilment or waiver, where applicable of all conditions precedent and the implementation of the Agreements.
20-Mar-2017
(Official Notice)
Shareholders are referred to the announcement released by the company on the Stock Exchange News Service of the JSE Ltd. (?SENS?) on 3 March 2017, in terms of which the company advised shareholders that it had, through its subsidiary, Spear One (Pty) Ltd., entered into an agreement (?sale of Letting Business agreement?) with Capital Propfund 1 (Pty) Ltd. (?Seller?) to acquire, as a going concern, the letting enterprise operated by the Seller on the property on Erf 9363 Cape Town, City of Cape Town, Western Cape, situated at 2 Long Street, Cape Town, Western Cape (?Property?) (?acquisition?).



As previously advised, Spear will hold a 70% interest in Spear One, with the balance being held by acquisition partners. The 30% interest that will be held by the acquisition partners will be funded by Spear at the prime interest rate plus 2% and will be secured by the acquisition partner?s interest in Spear One.



Addendum to the sale of Letting Business agreement

Shareholders are hereby advised that the company entered into an addendum to the sale of Letting Business agreement and that the terms of the acquisition have been amended as follows:

? the purchase consideration for the acquisition has been reduced to R389 000 000; and

? the Seller has provided an additional rental guarantee in respect of 87 parking bays on the Property that are unlet, Ltd. to R1 000 (excluding VAT) per parking bay, per month, for a maximum period of 18 months from the Effective Date.



Forecast financial information in respect of the acquisition

The forecast financial information relating to the acquisition for the financial periods ended 28 February 2018 and 28 February 2019 are set out in the relevant SENS note.



Withdrawal of cautionary announcement

Shareholders are advised that, as the forecast financial information relating to the acquisition have now been published, caution is no longer required to be exercised by shareholders when dealing in the company?s securities.
03-Mar-2017
(Official Notice)
27-Feb-2017
(Official Notice)
Spear announced that it successfully completed a private placement to raise R119.1 million, in terms of its general authority to issue shares for cash. The targeted amount of R119.1 million was raised through the placing of 12 812 211 new shares at a price of R9.30 per share.



The proceeds of the placement will be used to fund new acquisitions that the company is assessing.



The shares are expected to be issued and listed on Tuesday, 28 February 2017.



PSG Capital acted as sole bookrunner.
01-Dec-2016
(Official Notice)
Shareholders are advised that owing to the nature of the business conducted by Spear, being that of a Real Estate Investment Trust, the board of directors of Spear has decided to adopt ?distribution per share? as the relevant criteria for trading statement purposes as it is considered to be a more appropriate criteria to measure the performance of Spear than ?headline earnings per share? and ?earnings per share?. Accordingly, the Company has adopted this measurement criteria for trading statements.
29-Nov-2016
(Official Notice)
Shareholders are hereby advised that the Company, through its wholly- owned subsidiary Spear Holdco (Pty) Ltd. (?Purchaser?), has entered into a sale of letting enterprise agreement with Ingenuity Property Investments Ltd. (?Seller?) dated 25 November 2016 (?the Agreement?). In terms of the Agreement, the Purchaser will acquire the property situated on Erf 38063 Bellville, City of Cape Town, known as 142 Edward Street, Tygervalley (?the Property?) and the letting enterprise conducted by the Seller as a going concern (?Letting Enterprise?) in respect of the Property (?the Acquisition?).



Conditions precedent

The Acquisition is subject to the fulfilment or waiver by no later than 21 December 2016 of the following conditions precedent:

*the Purchaser being satisfied with the results of the due diligence investigation in respect of the Letting Enterprise (which includes the Property) and delivering written notice to the Seller of its satisfaction; and

*the investment committee of the Purchaser approving the Acquisition and delivering written notice to that effect to the Seller.

*The conditions precedent set out above are expressed solely for the benefit of the Purchaser, who shall be entitled to waive or relax fulfilment thereof upon written notice to the Seller.



The Acquisition will become effective on the Transfer Date, which is intended to be as close to 31 January 2017 as possible.

03-Jul-2018
(X)
Spear REIT Ltd. listed as a Real Estate Investment Trust (?REIT?) on the AltX of the Johannesburg Stock Exchange (?JSE?) on 11 November 2016 and moved to the main board of the JSE on 22 May 2017. Its main business is investing in high-quality income-generating real estate across all sectors within the Western Cape, predominantly in the Cape Town region.



The company conducts its business directly and through a number of subsidiaries, collectively referred to as the ?Group?. The company?s property and asset management functions are internally and directly managed by the Spear executive management team.


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