FilingReader Intelligence

Vukile winds up share plan, redirects R280m capital

July 15, 2025 at 09:02 PM UTCBy FilingReader AI

Vukile Property Fund Limited has fully wound up its Share Purchase Plan, redirecting approximately R280 million of unproductive capital into earnings-accretive opportunities.

Several associates of directors and officers sold shares on-market on July 11, 2025, at R19.60 per share. Glenway Investments sold 1.49 million shares for R29.2 million, while Business Venture Investment 2108 disposed of 1.18 million shares for R23.2 million. Other associates sold smaller parcels totaling approximately R39.5 million.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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