TEXTON PROPERTY FUND LIMITED - Change Statement and Notice of AGM

Change Statement and Notice of AGM

TEXTON PROPERTY FUND LIMITED
Granted REIT status by the JSE
(Incorporated in the Republic of South Africa)
(Registration number 2005/019302/06)
Share code: TEX
ISIN: ZAE000190542
(“Texton” or “the Company”)



CHANGE STATEMENT AND NOTICE OF AGM

1.   CHANGE STATEMENT
Shareholders of Texton ("Shareholders”) are advised that the Company’s audited consolidated annual financial
statements for the financial year ended 30 June 2015 ("Consolidated Annual Financial Statements”) contains no
modification from the reviewed consolidated financial statements published on SENS on 27 August 2015 other than
as detailed below for the Statement of Cash flows:
                                                                                    GROUP
                                                                  Reviewed               Audited          Difference
R’000                                                                  2015                 2015                2015
Cash flows from operating activities
Cash generated by operations                                        217 300              255 393              38 093
Net cash inflow/(outflow) from operating activities                 (22 424)              15 669              38 093
Cash flow from financing activities
Advance of other financial liabilities                              446 387              408 294             (38 093)
Net cash inflow from financing activities                           696 364              658 271             (38 093)


The difference in cash flow from cash generated by operations and net cash inflow/(outflow) from operating
activities relates to the currency conversion in working capital as a result of the movement in working capital of the
foreign subsidiaries being included in the closing balance of trade and other payables.

The difference in net cash inflow from financing activities relates to unrealised movement in foreign loans to
subsidiaries.

The Consolidated Annual Financial Statements are available on the Company’s website at www.texton.co.za and
will be posted to Shareholders on 19 October 2015.

The Consolidated Annual Financial Statements have been audited by KPMG and their unmodified report is available
for inspection at the Company’s registered offices.


2.   NOTICE OF AGM

Notice is hereby given that the annual general meeting of Shareholders will be held at 9:00 on Tuesday, 17
November 2015 in the boardroom at Texton, 54 Bompas Road, Dunkeld West, Johannesburg, 2196 (“AGM”), to
transact business as stated in the notice of AGM.

The last date to trade in order to be recorded in the Shareholder’s register to vote at the AGM is Friday, 30 October
2015. The record date to be entitled to attend, participate in and vote at the AGM is Friday, 6 November 2015.
Forms of proxy must be received by Texton’s transfer secretary, being Computershare Investor Services Proprietary
Limited, by 9:00 on Friday, 13 November 2015.


Dunkeld West
19 October 2015

Sponsor
Investec Bank Limited

Date: 19/10/2015 04:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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