Enhanced Investments - Financial Portal

Withdrawal of the Entitlement to elect the Share Re-Investment Alternative

Published: 2023-10-02 18:18:19 ET

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



WITHDRAWAL OF THE ENTITLEMENT TO ELECT THE SHARE RE-INVESTMENT ALTERNATIVE

Shareholders of Texton (“Shareholders”) are referred to the announcement regarding the Audited Financial
Results and Cash Dividend Declaration for the year ended 30 June 2023 released on SENS on Friday, 22
September 2023, in terms of which Shareholders were advised that the directors of Texton (“Board”) had
resolved to declare a final gross dividend of 19.26 cents per share, with a dividend re-investment alternative
(“Share Re-Investment Alternative”).



Shareholders are now advised that, based on current market conditions the Board has resolved to withdraw
the entitlement to elect the Share Re-Investment Alternative with immediate effect. Accordingly,
shareholders are advised that they will receive their final dividend in full, in cash.

Accordingly, the salient details are as follows:



 Salient dates and times                                                                            2023
 Last day to trade (“LDT”) cum dividend                                              Tuesday, 17 October
 Shares to trade ex-dividend                                                       Wednesday, 18 October
 Record date                                                                           Friday, 20 October
 Payment date                                                                        Monday, 23 October


Sandton

2 October 2023

JSE Equity Sponsor: Investec Bank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.