Declared Dividend • May 14
Final dividend increased to R0.65 Dividend of R0.65 is 4.0% higher than last year. Ex-date: 27th May 2026 Payment date: 1st June 2026 Dividend yield will be 8.2%, which is lower than the industry average of 9.2%. Announcement • Feb 25
AJPG Property 1 Proprietary Limited entered into an agreement to acquire Killarney Mall from Octodec Investments Limited (JSE:OCT) for approximately ZAR 400 million. AJPG Property 1 Proprietary Limited entered into an agreement to acquire Killarney Mall from Octodec Investments Limited (JSE:OCT) for approximately ZAR 400 million on February 24, 2026. A cash consideration of ZAR 397.5 million will be paid by AJPG Property 1 Proprietary Limited.
As of August 31, 2025, Killarney Mall reported net liabilities of ZAR 38.58 million.
The transaction is subject to subject to the Purchaser is satisfied with the outcome of its due diligence investigation, by not later than 45 days after the fulfilment or waiver of the condition the Purchaser has furnished Octodec’s conveyancer with an unconditional and irrevocable banker’s guarantee from a recognized major bank in South Africa for the payment of the Disposal Consideration, by not later than 30 days after the fulfilment or waiver (as the case may be) of the condition precedent contemplated that Nedbank Limited has, to the extent required, provided such consents or releases as may be required to enable the cancellation of the existing mortgage and registration of any new security, and to the extent necessary, the release of (i) the sale claims from any existing encumbrance in favour of Nedbank and (ii) Octodec from any suretyship in favour of Nedbank and by not later than 90 days after the filing with the Competition Authorities, the Disposal is approved by the Competition Authorities. The proceeds from the disposal will be allocated towards the reduction in debt and deployment towards future projects.
Cliffe Dekker Hofmeyr acted as legal advisor for Octodec Investments Limited. Announcement • Feb 20
Octodec Investments Limited to Report First Half, 2026 Results on May 12, 2026 Octodec Investments Limited announced that they will report first half, 2026 results on May 12, 2026