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INVESTEC PROPERTY FUND LIMITED - Update regarding the final dividend for the period 1 October 2016 to 31 March 2017

Release Date: 26/05/2017 11:39
Code(s): IPF     PDF:  
Wrap Text
Update regarding the final dividend for the period 1 October 2016 to 31 March 2017

INVESTEC PROPERTY FUND LIMITED
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
(Registration Number 2008/011366/06)
Share code: IPF      ISIN: ZAE000180915
(“Investec Property Fund” or “IPF”)


UPDATE REGARDING THE FINAL DIVIDEND FOR THE PERIOD 1 OCTOBER 2016 TO 31
MARCH 2017


In its financial results for the year ended 31 March 2017 announced on Wednesday 17 May 2017
(“results announcement”), Investec Property Fund advised its shareholders that the board was
considering offering shareholders a dividend re-investment alternative in terms of which a shareholder
would be entitled to elect to receive the final dividend of 66.738 cents per share (“Cash Dividend”) for
the period 1 October 2016 to 31 March 2017, in return for IPF shares.

Shareholders are now advised that, based on current market conditions and pricing of IPF shares, the
board has decided not to offer the election for shareholders to re-invest the Cash Dividend in return for
IPF shares. Accordingly, shareholders are advised that they will only be able to receive their dividend
in cash.

The salient dates in respect of the Cash Dividend remain unchanged from those set out in the results
announcement.


Johannesburg
26 May 2017

Sponsor

Investec Bank Limited

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