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INVESTEC PROPERTY FUND LIMITED - Posting of Share Re-Investment Alternative Circular

Release Date: 28/05/2019 17:05
Code(s): IPF     PDF:  
 
Wrap Text
Posting of Share Re-Investment Alternative Circular

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”)


POSTING OF SHARE RE-INVESTMENT ALTERNATIVE CIRCULAR


INTRODUCTION

In its financial results for the twelve months ended 31 March 2019 announced on Tuesday, 14 May 2019, 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 reinvest the cash dividend of 73.50878 cents per share after the deduction of the applicable
dividend withholding tax , in return for IPF shares ("Share Re-investment Alternative"), failing which they would receive the net
cash dividend in respect of all or part of their shareholding.

Shareholders are advised that a circular (“Circular”) containing details of the Share Re-investment Alternative has been posted to
IPF shareholders today, Tuesday 28 May 2019. The Circular is also be available on the IPF website
(https://www.investecproperty.com/en_za/investec-property-fund/investor-relations.html). The record date to receive the Circular is
Friday, 17 May 2019.

The Share Re-Investment Alternative issue price and finalisation information will be released on the Stock Exchange News Service
of the JSE Limited on Tuesday, 4 June 2019.

Johannesburg
28 May 2019

Investment Bank and Sponsor
Investec Bank Limited

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