VUKILE PROPERTY FUND LIMITED - Trading statement

Trading statement

VUKILE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/027194/06)
JSE share code: VKE NSX share code: VKN
ISIN: ZAE000180865
Bond company code: VKEI
(Granted REIT status with the JSE)
(“Vukile” or “the Company”)


TRADING STATEMENT


Following a strong operating recovery in both South African and Spain, together with reduced COVID-19 related
rental discounts granted to tenants, the performance of Vukile has significantly improved for the six months ended
30 September 2021 (“HY2022”) when compared to the six months ended 30 September 2020 (the “previous
corresponding period”).

Accordingly, shareholders are advised that Vukile expects distributable earnings per share for HY2022 to be between
75.00 cents per shares and 80.00 cents per share, being between 60.84% and 71.56% higher than the distributable
earnings per share of 46.63 cents for the previous corresponding period.

Vukile further expects the dividend per share for HY2022 to be at least 40.00 cents per share, whilst no dividend was
declared for the for the previous corresponding period.

Vukile’s results for the six months ended 30 September 2021 will be published on 30 November 2021.

The financial information on which this trading statement is based has not been reviewed or audited by the Company’s
auditors.

26 November 2021


JSE sponsor                                               NSX sponsor
Java Capital                                              IJG Securities (Pty) Ltd

Date: 26-11-2021 09:30:00
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