Edition:
United Kingdom

Texton Property Fund Ltd (TEXJ.J)

TEXJ.J on Johannesburg Stock Exchange

400.00ZAc
7:48am GMT
Change (% chg)

-16.00 (-3.85%)
Prev Close
416.00
Open
400.00
Day's High
400.00
Day's Low
400.00
Volume
371
Avg. Vol
141,987
52-wk High
660.00
52-wk Low
390.00

Latest Key Developments (Source: Significant Developments)

Texton Property FY HEPS 26.80 CENTS
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Texton Property Fund Ltd ::TEXTON PROPERTY FUND LTD - FY REBASED DIVIDEND PER SHARE 89,31 CENTS (2017: 102,80 CENTS). DOWN 13,1%.TEXTON PROPERTY FUND LTD FY RESTATED NET TANGIBLE ASSET VALUE 659,57 CENTS PER SHARE (2017: 781,93 CENTS PER SHARE).TEXTON PROPERTY FUND LTD - FY HEADLINE AND DILUTED EARNINGS PER SHARE 26.80 CENTS.TEXTON PROPERTY FUND LTD FY REVENUE R588.9 MILLION VERSUS R598.8 MILLION.TEXTON - EXPECTS TO NOT MEET REQUIREMENTS OF JSE LISTINGS REQUIREMENTS AND COMPANIES ACT, WON'T BE IN POSITION TO REPURCHASE SHARES PUT TO CO BY PIC.  Full Article

Equites Property Fund Says Transaction Cancelled As Texton Breached Some Material Terms Of Legal Agreements
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Equites Property Fund Ltd ::TRANSACTION WITH TEXTON CANCELLED BY COMPANY AS A RESULT OF TEXTON BREACHING CERTAIN MATERIAL TERMS OF LEGAL AGREEMENTS.  Full Article

Texton Says Property Portfolio Acquisition Agreements Terminated
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Texton Property Fund Ltd ::RENEWAL OF CAUTIONARY ANNOUNCEMENT AND CANCELLATION OF THE ACQUISITION OF PROPERTY PORTFOLIO.MATTER REGARDING PIC'S EXERCISING OF PUT OPTION IS ONGOING AND MAY HAVE A MATERIAL EFFECT ON PRICE OF COMPANY'S SECURITIES.PROPERTY PORTFOLIO ACQUISITION AGREEMENTS HAVE BEEN TERMINATED BY EQUITES DUE TO TEXTON BEING UNABLE TO PERFORM UNDER AGREEMENTS.  Full Article

Texton Property Fund Says Nosiphiwo Balfour Steps Down As Chief Executive
Friday, 14 Sep 2018 

Sept 14 (Reuters) - Texton Property Fund Ltd ::RESIGNATION OF CHIEF EXECUTIVE OFFICER.NOSIPHIWO BALFOUR HAS RESIGNED AS TEXTON'S CHIEF EXECUTIVE OFFICER.RESIGNATION OF CHIEF EXECUTIVE WILL NOT IMPACT RELEASE OF RESULTS ON 28 SEPTEMBER.AN INTERIM CHIEF EXECUTIVE OFFICER IS IN PROCESS OF BEING APPOINTED.  Full Article

Texton Got Communication From PIC Relating To Funding Granted By GEPF
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Texton Property Fund Ltd ::GOT COMMUNICATION FROM PIC RELATING TO FUNDING GRANTED BY GEPF TO TEXTON BROAD-BASED EMPOWERMENT (RF) PROPRIETARY LIMITED.PIC HAS NOTIFIED CO THAT THERE IS A DEFAULT EVENT BY BEE SPV UNDER LOAN AGREEMENT.PIC HAS INDICATED THAT IT INTENDS EXERCISING ITS RIGHTS UNDER A PUT OPTION AGREEMENT.  Full Article

Texton Property Fund ‍Sees Widely Flat Trend Across All Sectors In Tenant Demand In UK
Monday, 5 Mar 2018 

March 5 (Reuters) - Texton Property Fund Ltd ::HY ‍NET PROPERTY INCOME R212.4 MILLION, UP 2.0%.HY ‍NET ASSET VALUE 891.49 CENTS, DOWN 8.8%​​.‍INTERIM DIVIDEND OF 47.95 CENTS PER SHARE FOR SIX MONTHS ENDED 31 DECEMBER 2017​.HY ‍REVENUE R303.2 MILLION, UP 1.0%​.IN UK ‍SEEING WIDELY FLAT TREND ACROSS ALL SECTORS IN TENANT DEMAND.IN UK RETAIL SECTOR CONTINUES TO STRUGGLE IN TERMS OF BOTH RENTAL GROWTH EXPECTATIONS AND CAPITAL VALUE​.  Full Article