BRIEF-Vukile Property to raise about r300 mln via accelerated bookbuild

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  • Stock Market News
BRIEF-Vukile Property to raise about r300 mln via accelerated bookbuild

April 13 (Reuters) - Vukile Property Fund Ltd VKEJ.J
* Proposes an equity raise of approximately r300 million
through issue of new shares
* New shares will be issued under Vukile's general authority
to issue shares for cash
* Equity raise is to be offered to selected investors
through an accelerated bookbuild process
* Java Capital is acting as sole bookrunner

Source text for Eikon: ID:nJseM0003a
Further company coverage: VKEJ.J

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