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Epp NV (EPPJ.J)

EPPJ.J on Johannesburg Stock Exchange

1,879.00ZAc
11:35am BST
Change (% chg)

19.00 (+1.02%)
Prev Close
1,860.00
Open
1,830.00
Day's High
1,887.00
Day's Low
1,830.00
Volume
188,140
Avg. Vol
379,017
52-wk High
2,199.00
52-wk Low
1,315.00

Latest Key Developments (Source: Significant Developments)

Epp Says Conditions For Phase II Of Symetris Business Park Deal Fulfilled
Friday, 27 Jul 2018 

July 27 (Reuters) - Epp NV ::ALL OUTSTANDING CONDITIONS PRECEDENT TO ACQUISITION OF PHASE II OF SYMETRIS BUSINESS PARK HAVE NOW BEEN FULFILLED.  Full Article

Epp NV Announces Equity Raising Of About 700 Mln Rands
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Epp NV ::ACCELERATED BOOKBUILD.EPP ANNOUNCES AN EQUITY RAISING OF APPROXIMATELY ZAR 700 MILLION THROUGH ISSUE OF NEW ORDINARY SHARES.REDEFINE PROPERTIES COMMITTED TO PARTICIPATE IN BOOKBUILD AND TO APPLY FOR SHARES TO A VALUE OF NOT LESS THAN ZAR EQUIVALENT OF EUR 45 MILLION.  Full Article

EPP NV Posts Qtrly HEPS Of 2.77 EUR Cents
Monday, 25 Jun 2018 

June 25 (Reuters) - Epp NV ::QTRLY HEADLINE EARNINGS AND DILUTED HEADLINE EARNINGS PER SHARE 2.77 EUR CENTS.BOARD REMAINS CONFIDENT EPP WILL DELIVER ON ITS STATED FULL YEAR DISTRIBUTION PER SHARE GUIDANCE OF BETWEEN EUR11.6 AND EUR11.8 CENTS.  Full Article

EPP Announces Postponement Of Bookbuild For Unsecured Corporate Bond
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Epp NV ::POSTPONEMENT OF BOOKBUILD FOR UNSECURED CORPORATE BOND.DECIDED TO POSTPONE BOOKBUILD FOR AN UNSECURED 5-YEAR CORPORATE BOND ISSUE DUE TO ADVERSE MARKET CONDITIONS.AT CURRENT PRICING LEVELS IT DID NOT MAKE ECONOMIC SENSE TO PROCEED WITH CORPORATE BOND AT THIS TIME.  Full Article

Redefine Properties Says •Krych Not Involved In Any Of Day-To-Day Activities Of EPP
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Echo Polska Properties Nv ::"WE ARE GIVEN TO UNDERSTAND THAT INVESTIGATION RELATES TO MR. KRYCH IN HIS PERSONAL CAPACITY AND NOT AS A NON-EXEC DIR OF EPP".KRYCH IS NOT INVOLVED IN ANY OF DAY-TO-DAY ACTIVITIES OF EPP.REDEFINE HAS REQUESTED EPP TO PROCURE MR. KRYCH'S RESIGNATION AS A NON-EXECUTIVE DIRECTOR OF EPP.  Full Article

Echo Polska Properties Says 9-Months ‍Distribution Per Share At 8.41 Euro Cents​
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Echo Polska Properties Nv ::‍DISTRIBUTION PER SHARE FOR NINE MONTHS TO SEPT 30 AT 8.41 EURO CENTS​.FOR 9 MONTHS TO SEPT 30, ‍PROFIT BEFORE TAXATION 65.2 MILLION EUROS VERSUS 21 MILLION EUROS​.  Full Article

Echo Polska to buy portfolio of retail properties for 692.1 million euros​
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Echo Polska Properties Nv ::ECHO POLSKA PROPERTIES - EPP REACHED AGREEMENT TO BUY PORTFOLIO OF RETAIL PROPERTIES FOR COMBINED CONSIDERATION THAT VALUES PORTFOLIO AT EURO 692.1 MILLION​.ECHO POLSKA PROPERTIES NV - ‍SPECIFIED PORTFOLIO COMPRISES TWELVE RETAIL PROPERTIES OF WHICH EIGHT COMPRISE SHOPPING CENTRES AND FOUR RETAIL PARKS​.ECHO POLSKA PROPERTIES NV - ‍SALE WILL OCCUR IN THREE SEPARATE TRANCHES​.  Full Article

Echo Polska says disposal of portfolio of office properties tryton business house
Wednesday, 4 Oct 2017 

Oct 4 (Reuters) - Echo Polska Properties Nv :DISPOSAL OF A PORTFOLIO OF OFFICE PROPERTIES TRYTON BUSINESS HOUSE IN GDANSK, A4 BUSINESS PARK IN KATOWICE AND WEST GATE IN WROCLAW​.‍AGREED ESTIMATED TRANSACTION PRICE FOR SHARES IN COMPANIES CONTROLLING OFFICE PORTFOLIO SHALL AMOUNT TO EUR 160 MILLION​.‍COMPANY INTENDS UTILISING SALE PROCEEDS FROM DISPOSAL TO FINANCE FURTHER RETAIL ACQUISITIONS​.  Full Article

Echo Polska Properties posts H1 net profit of 39.6 mln euros
Tuesday, 5 Sep 2017 

Sept 5 (Reuters) - Echo Polska Properties: :H1 NET PROFIT EUR39.555 MILLION.H1 DISTRIBUTION PER SHARE 5.19 EURO CENTS.H1 NAV PER SHARE EUR1.23.ON TRACK TO DELIVER 10.8 EURO CENTS DISTRIBUTION PER SHARE FOR YEAR 2017.  Full Article

EPP updates on acquisition of Galeria Solna
Thursday, 13 Jul 2017 

July 13 (Reuters) - Echo Polska Properties Nv ::Concluded acquisition agreement to acquire another retail asset, Galeria Solna in Inowroclaw, North West Poland.Purchase consideration for acquisition of Galeria Solna was eur 22.4 million, based on asset value of eur 55.4 million.  Full Article

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Polish shopping center operator EPP looks to small cities to drive growth

EPP is looking to expand in smaller Polish cities, as rising wages and a state child benefit program drive consumer spending in less affluent provincial areas, the shopping center operator's chief executive said on Thursday.