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Audited Consolidated Annual Financial Statements, Cash Dividend Declaration, Distribution of Integrated Annual Report, Notice of AGM for the year ended 30 June 2026 and Availability of B-BBEE Annual Compliance Report
Putprop Limited
Incorporated in the Republic of South Africa
(Registration number 1988/001085/06)
Share code: PPR ISIN: ZAE000072310
(“Putprop” or “the Group”)
AUDITED CONSOLIDATED ANNUAL FINANCIAL STATEMENTS, CASH DIVIDEND
DECLARATION, DISTRIBUTION OF INTEGRATED ANNUAL REPORT, NOTICE OF ANNUAL
GENERAL MEETING FOR THE YEAR ENDED 30 JUNE 2026 AND AVAILABILITY OF B-BBEE
ANNUAL COMPLIANCE REPORT
FINANCIAL PERFORMANCE
Financial capital
• Rentals and recoveries R138.160m (2025: R140.363m)
• LPS 206.89 cents (2025: EPS 119.31 cents)
• HEPS 67.10 cents (2025: 60.86 cents)
• Cost-to-income ratio 39.9% (2025: 35.7%)
• Total loan liabilities to third parties R399.7m (2025: R411.4m)
• Operating Profit R82.3m (2025: R90.3m)
• Operating profit margin 60% (2025: 64.3%)
• Net asset value of 1 500 cents per share (2025: 1 777 cents per share)
• Loans to value ratio (LTV) of 39.6% (2025: 29.6%)
Manufactured capital
• Total GLA 82 117m² (2025: 88 042m²)
• Leverage Ratio 0.3 times (2025: 0.3 times)
• DPS 17.0 cents (2025: 15.5 cents)
• 57% A Grade Tenants (2025: 73%)
DECLARATION OF FINAL DIVIDEND NO. 74
The Board is pleased to announce the declaration of a final dividend of 8.50 cents per ordinary share in
respect of the year ended 30 June 2026 (2025: 8.50 cents), thus bringing the total dividend payable for
the year to 17.00 cents per ordinary share (2025: 15.50 cents).
Additional information:
This is a dividend as defined in the Income Tax Act, 1962, and is payable from income reserves. The
dividend withholding tax (“DWT”) rate is 20%. The net amount payable to shareholders who are not
exempt from DWT is 6.80 cents per share, while the gross amount is 8.50 cents per share to those
shareholders who are exempt from DWT.
There are 42 405 133 (2025: 42 405 133) ordinary shares in issue; the amount payable in respect of this
final dividend is R3 604 436 (2025: R3 604 436). Putprop’s tax reference number is 9100097717 and its
company registration number is 1988/001085/06.
The salient dates in respect of the final dividend are as follows:
Declaration date Wednesday, 23 September 2026
Last date to trade to participate in the dividend Tuesday, 13 October 2026
Trading commences ex dividend Wednesday, 14 October 2026
Record date Friday, 16 October 2026
Date of payment Monday, 19 October 2026
Share certificates may not be dematerialised or rematerialised between Wednesday, 14 October 2026
and Friday, 16 October 2026, both days inclusive..
By order of the Board
RESULTS ANNOUNCEMENT
The content of this announcement is the responsibility of the directors of Putprop. This results
announcement does not include full or complete details of the audited consolidated and separate annual
financial statements for the year ended 30 June 2026 (“2026 AFS”) released on SENS on 23 September
2026. Any investment decision by investors or shareholders in relation to the Group’s shares should be
based on the consideration of the 2026 AFS as a whole, which are available as detailed below. The
information contained in this results announcement has not been reviewed or reported on by the Group’s
auditors.
The 2026 AFS have been audited by the Group’s external auditors, HLB CMA South Africa Incorporated,
who expressed an unmodified audit opinion thereon. The audit opinion, which is included in the 2026
AFS, is available on the JSE’s cloudlink at:
https://senspdf.jse.co.za/documents/2026/jse/isse/ppr/ye26.pdf and on the Group’s website at:
https://putprop.co.za/wp/investors/#latest-reports
DISTRIBUTION OF INTEGRATED ANNUAL REPORT
Shareholders are advised that Putprop’s integrated annual report for the year ended 30 June 2026
(“IAR”), which incorporates the audited consolidated and separate annual financial statements, the notice
of annual general meeting and the form of proxy, has been distributed to shareholders today, Wednesday,
23 September 2026.
The IAR is available on the Group’s website at: https://putprop.co.za/wp/investors/#latest-reports
NOTICE OF ANNUAL GENERAL MEETING
Notice is hereby given, in terms of section 59(1) of the Companies Act, 2008 (Act 71 of 2008), as
amended, that the annual general meeting of shareholders of Putprop (“AGM”) will be held at 11:30 on
Thursday, 5 November 2026 at Boardroom 1, 22 Impala Road, Chislehurston, Sandton, for the purpose
of considering and, if deemed fit, passing, with or without modification, the resolutions set out in the notice
of AGM contained in the IAR.
The record date on which shareholders of the Group must be registered as such in the Group’s securities
register in order to attend, speak and vote at the AGM is Friday, 30 October 2026. The last day to trade
in order to be eligible to attend, speak and vote at the AGM is accordingly Tuesday, 27 October 2026.
The salient information pertaining to the AGM is set out below:
Issuer name Putprop Limited
Type of instrument Ordinary shares
ISIN number ZAE000072310
JSE code PPR
Meeting type Annual General Meeting
Boardroom 1, 22 Impala Road,
Meeting venue Chislehurston, Sandton
Record date – to determine which shareholders are Friday, 18 September 2026
entitled to receive the notice of AGM
Publication/Posting date Wednesday, 23 September 2026
Last day to trade – last day to trade to determine eligible
shareholders that may attend, speak and vote at the AGM Tuesday, 27 October 2026
Record date – record date to determine eligible
shareholders that may attend, speak and vote at the AGM Friday, 30 October 2026
Meeting deadline date – (for administrative purposes),
forms of proxy for the AGM to be lodged by 11:30 on Tuesday, 3 November 2026
AGM date 11:30 on Thursday, 5 November 2026
Publication of results of AGM Thursday, 5 November 2026
Website link https://putprop.co.za
AVAILABILITY OF B-BBEE ANNUAL COMPLIANCE REPORT AND CERTIFICATE
Shareholders are advised that, in accordance with paragraph 12.7(g) and Appendix 1 to Section 6 of the
JSE Limited Listings Requirements, the Group's annual compliance report in terms of section 13G(2)
of the Broad-Based Black Economic Empowerment Act, 2003 (Act 53 of 2003), as amended, has been
published and is available on the Group's website at:
https://putprop.co.za/wp/investors/#latest-reports
Johannesburg
23 September 2026
For and on behalf of the Board
Directors:
Janys Ann Finn*^ (Chairperson)
Darryl Mayers (Chief Executive Officer)
Alicia Nolte (Chief Financial Officer)
Hayden Hartley*^
Khumbelo Nevhorwa*^
Paolo Senatore^
* Independent ^ Non-executive
Registered and Postal Address:
Putprop House, 22 Impala Road, Chislehurston, Sandton, 2196
Company Secretary:
Acorim Proprietary Limited, 13th Floor, Illovo Point, 68 Melville Road, Illovo, Sandton, 2196
External Auditors:
HLB CMA South Africa Incorporated, No. 1 2nd Road, Halfway House Estate, Midrand, 1685
Transfer Secretaries:
Computershare Investor Services Proprietary Limited, Rosebank Towers, 15 Biermann Avenue,
Rosebank, 2196
Sponsor
Merchantec Capital, 13th Floor, Illovo Point, 68 Melville Road, Illovo, Sandton, 2196
www.putprop.co.za
Date: 23/09/2026 04:26:00
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