In compliance with the Namibian Stock Exchange (\u2018NSX\u2019)\u00a0Listings Requirements, Oryx Properties Limited unitholders\u00a0are advised that the total comprehensive income for the year\u00a0ended 30 June 2015 will be substantially higher (greater than\u00a0a 30%) and the net asset value (\u2018NAV\u2019) per linked unit as at\u00a030 June 2015 will be materially higher (between 10% and 30%)\u00a0in relation to the comparative period. The positive fair value\u00a0adjustment\u00a0\u00a0 to\u00a0\u00a0 the\u00a0 investment\u00a0\u00a0 property\u00a0\u00a0 portfolio,\u00a0\u00a0 as \u00a0determined by an independent valuer, is the main reason for\u00a0the increase in the total comprehensive income and net asset\u00a0value per linked unit.<\/p>\n
The interest distribution will remain unaffected as the\u00a0changes in fair value of investment properties are unrealised\u00a0gains, which are transferred to non-distributable reserves.<\/p>\n
This trading statement has not been reviewed or reported on\u00a0by Oryx\u2019s external auditors. The release of the announcement\u00a0of the reviewed results for the year ended 30 June 2015 is\u00a0expected to be published on or about 24 August 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"
In compliance with the Namibian Stock Exchange (\u2018NSX\u2019)\u00a0Listings Requirements, Oryx Properties Limited unitholders\u00a0are advised that the total comprehensive income for the year\u00a0ended 30 June 2015 will be substantially higher (greater than\u00a0a 30%) and the net asset value (\u2018NAV\u2019) per linked unit as at\u00a030 June 2015 will be materially higher (between \u2026 Continue reading