Trading Statement
Trading statementMaterial
In brief
For the year ended 31 August 2026, distributable income per share is expected to rise by 11.0% to 13.0% to between 190.37 cents and 193.80 cents. Full-year dividends per share are expected to increase to between 147.95 cents and 151.99 cents.
The announcement
Trading Statement OCTODEC INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1956/002868/06) JSE share code: OCT JSE alpha code: OCTI ISIN: ZAE000192258 LEI: 3789I36JI0BKTUSZ8813 (Approved as a REIT by the JSE) (“Octodec” or “the company” or “the group”) TRADING STATEMENT Shareholders and noteholders are advised that Octodec expects distributable income per share (“DIPS”) for the year ended 31 August 2026 (“FY2026”) to increase by between 11.0% and 13.0%, exceeding the growth guidance of between 3.0% and 5.0% communicated in the interim results announcement released on 12 May 2026. The stronger-than-anticipated performance reflects the settlement of the loss of income insurance claim relating to the gas explosion in the Johannesburg CBD, together with lower required expenditure on repairs and maintenance and further savings in finance costs. DIPS for FY2026 is expected to be between 190.37 cents and 193.80 cents, compared with 171.51 cents for the year ended 31 August 2025 (“FY2025”), corresponding to an increase in dividends per share (“DPS”) of between 10.0% and 13.0%. DPS for FY2026 is expected to be between 147.95 cents and 151.99 cents, compared with 134.5 cents for FY2025. The DPS payout ratio is in line with the prior year of approximately 78%. As a result, the final dividend for the year is expected to be between 83.45 cents and 87.49 cents per share compared to a final dividend paid of 72.50 cents per share for FY2025, representing an increase of between 15.1% and 20.7%. The financial information on which this trading statement is based has not been reviewed or reported on by the group’s auditors. The audited FY2026 results are scheduled for release on 24 November 2026. 9 November 2026 Equity and Debt sponsor Investor relations advisor Hudson Sandler (Pty) Ltd Date: 09/11/2026 08:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.