Vukile book build closed, oversubscribed

7th May 2013

By: Idéle Esterhuizen

  

Font size: - +

JSE-listed property loan stock company Vukile has closed its accelerated book build after strong demand resulted in it having been oversubscribed by some R150-million.

This resulted in the company raising R400-million instead of the initially planned R250-million.

The equity raise was offered to selected investors through an accelerated book build process and was subject to a minimum application of R1-million per investor. 

The new Vukile linked units to be issued pursuant to the accelerated book build process have been priced at R19.50 apiece. A total of 20.51-million new Vukile linked units were expected to be issued and listed on May 16.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION