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VUKILE PROPERTY FUND LIMITED - Conference call for Vukile Noteholders

Release Date: 12/09/2017 16:35
Code(s): VKE05 VKC20 VKE08 VKE09 VKE10 VKE06 VKC21 VKE07 VKE11     PDF:  
Wrap Text
Conference call for Vukile Noteholders

VUKILE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/027194/06)
Company code: BIVKEI
(Granted REIT status with the JSE)
(“Vukile”)


CONFERENCE CALL FOR VUKILE NOTEHOLDERS


Following the recent announcement and submission through your respective CSDP’s requesting consent
through the Consent Notice for the:

-   VKE06, VKE07, VKE09 and VKE10 Senior Secured Noteholders to provide consent by proxy for an
    amendment to the threshold of the Loan to Valuation Ratio (Group 1) of the Group 1 Property Portfolio
    from 40% to 45%; and

-   the VKE05 and VKE08 Senior Unsecured Noteholders to provide consent by proxy for an amendment to
    the threshold of the Loan to Valuation Ratio of the Vukile Group Property Portfolio from 45% to 50% and
    to include the market value of equity accounted investments to this calculation.

The CEO of Vukile, Laurence Rapp, and the management team invite you to participate in a conference call
where they will take Noteholders through the business strategy and the intention behind the request submitted.

The call is scheduled as follows:
Date:                                                  14 September 2017
Time:                                                  11h15 to 12h00
Dial in:                                               +27(0)11 535 3640
Guest pin:                                             3180109#

The Consent Notice has been sent to your respective CSDP’s and we ask that you look out for this and respond
accordingly by submitting your completed Consent by Proxy to the registered office of your relevant CSDP
before but no later than 17h00 on Wednesday, 27 September 2017, in order for the CSDP to submit to Strate
ahead of the noteholders meeting scheduled for 29 September 2017.

12 September 2017


Debt sponsor
Java Capital

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