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COLLINS PROPERTY GROUP LIMITED - Trading statement

Release Date: 21/05/2024 12:36
Code(s): CPP     PDF:  
Wrap Text
Trading statement

Collins Property Group Limited
(previously Tradehold Limited)
(Registration number: 1970/009054/06)
Incorporated in the Republic of South Africa
JSE Share code: CPP ISIN: ZAE000152658
(Approved as a REIT by the JSE)
("Collins" or "the Company")


TRADING STATEMENT


Shareholders are referred to the announcement released on SENS on 19 February 2024 wherein
shareholders were advised that following Collins being granted REIT status, Collins had adopted
distribution per share ("DPS") as its key performance metric for trading statement purposes with effect from
the 29 February 2024 financial year end as well as the announcement released on SENS on 21 December
2023 wherein, inter alia, Collins shareholders were advised that Collins had been granted REIT status by
the JSE with effect from 21 December 2023.

Shareholders are advised that Collins expects its DPS for the year ended 29 February 2024 to be between
80 and 92 cents per share, being between 33.33% and 53.33% higher than the DPS for the year ended 28
February 2023 of 60 cents per share. This is as a result of Collins being granted REIT status.

It is expected that the financial results for the year ended 29 February 2024 will be published on or about
24 May 2024.

The financial information on which this trading statement is based has not been reviewed and reported on
by the Company's external auditors.

Cape Town
21 May 2024


Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 21-05-2024 12:36:00
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