View Full Version : St John Balanced Property Fund (SJBPF)

Armillary Private Capital
24-09-2010, 04:01 PM
St John Balanced Property Fund Limited AGM Presentation

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1762

Armillary Private Capital
29-09-2010, 03:59 PM
Trading Halt
At the request of St John Balanced Property Fund its securities have been placed in trading halt.

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1765

Armillary Private Capital
01-10-2010, 09:03 AM
St John Board Considers Capital Distribution and Halts Share Trading

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1766

Armillary Private Capital
06-10-2010, 09:07 AM
St John Balanced Property Fund Limited Appoints New Director

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1768

Armillary Private Capital
20-10-2010, 10:40 AM
St John Board Announces Share Buy Back Offer - Trading Halt lifted

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1777

Armillary Private Capital
02-11-2010, 02:13 PM
St John Balanced Property Fund Limited Appoints Alternate Director

St John Balanced Property Fund Limited (St John) has announced today that Sandra Ann Lee has been appointed as an alternate director for Mr Kevin Podmore, to the St John board.

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1786

Armillary Private Capital
17-11-2010, 10:09 AM
St John Board Announces Approval of Share Buy Back Offer

St John Balanced Property Fund Limited (St John, the “Company”) has announced that at the meeting of Shareholders held in Auckland on 15 November, the special resolution to approve the Company’s offer to acquire up to six shares in the Company for every ten shares held, on a pro rata basis, was passed by 99.84 per cent of the voting shares.

The offer follows the recent sale of St John’s Bunnings property in Manukau, Auckland which resulted in St John having cash reserves of approximately $17 million.

St John Chairman Kevin Podmore says, “This offer represented an opportunity for St John Shareholders to realise some of the shares they were issued by the Company in July last year when their mortgage bonds were converted to shares. The buy back price of $1.75 per share is the same price as the conversion ratio used at that time.”

8,590,020 shares were repurchased under the offer and have been immediately cancelled. Consequently the Company now has 7,182,781 shares on issue.

Following the repurchase majority shareholder Irongate Property Limited’s holding has reduced from 59.49 per cent to 52.25 per cent.

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1794

Armillary Private Capital
31-01-2011, 04:17 PM
St John Board Announces Changes to Property Portfolio
St John Balanced Property Fund Limited (St John, the “Company”) announced today that its wholly owned subsidiary, St John Whangarei Limited, has sold Walton Plaza, Whangarei for $12.55 million and purchased 450 Queen Street, a multi, level office building located in the upper Queen Street area of Auckland, for $14.5 million.

The sale of Walton Plaza was at a 4.2 percent discount to its book value and involved St John providing $550,000 of short term funding assistance.

St John Whangarei Limited Director Chris Minty says “450 Queen Street represents an attractive added value opportunity for the Company. The Vendor, St Laurence Properties Limited, had recently negotiated a new 12 year to the existing major tenant, Whitirea Community Polytechnic, subject to certain leasing costs.

These leasing costs are budgeted to total $3.1 million and include the provision of new air-conditioning and a facelift to the building. The market value of the property on completion of the works and commencement of the new lease has been assessed by valuers, Jones Lang LaSalle at $20 million.

St John has raised $5 million of bank debt to assist funding the acquisition and associated leasing costs.

“The repositioning of the portfolio has improved the quality of earnings for the Company and its shareholders. The Weighted Average Lease Duration will increase to 8.9 years and pre-tax earnings per share is forecast to increase to 15 cents per share. The unaudited net asset backing of St John shares is forecast to increase to $2.00 following commencement of the new lease.” Mr Minty said.

Mr Minty also advised that there had recently been a change in property manager, as a result of Cambridge Asset Management Limited acquiring from St Laurence Funds Management Limited, St John’s management contract late in 2010. All information, including St John’s published Annual Reports can now be found at www.cambridgemanagement.co.nz.


For further information, please contact:

Kevin Podmore
St John Balanced Property Fund Limited

Phone 04-903-4826 DDI
Mobile 021 273 2723

St John Balanced Property Fund Limited was established in 1999. Active property investment company, Irongate Property Limited is majority shareholder with 52.25 percent ownership. More information on St John can be found in the website of the Manager of the Company, Cambridge Asset Management Limited at http://cambridgemanagement.co.nz/Our+Investments/St+John+Balanced+Property+Fund+Limited

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1819

Armillary Private Capital
10-05-2011, 11:00 AM
St John Balanced Property Fund Limited announces half year distribution
Please see attached.

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1847

Armillary Private Capital
16-05-2011, 02:44 PM
St John Announces Director Resignation

St John Balanced Property Fund Limited (St John) has announced today that Mr Peter McGuinness has resigned from the St John Board.

St John Chairman Kevin Podmore says: “I would like to take this opportunity to thank Mr McGuinness for his contribution to the board.”


For further information, please contact:

Kevin Podmore
St John Balanced Property Fund Limited
04 903 4826 DDI
021 2732 723 Mobile


St John Balanced Property Fund Limited, a commercial property syndicate company, was established in 1999. St John is managed by Cambridge Asset Management Limited – www.cambridgemanagement.co.nz (http://www.cambridgemanagement.co.nz).

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1851

Armillary Private Capital
26-09-2012, 02:44 PM
St John Balanced Property Fund Annual General Meeting Director's Address - 20 September 2012

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2100

Armillary Private Capital
30-10-2012, 01:36 PM
ST John Balanced Property Fund Limited Share Buyback

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2122

Armillary Private Capital
19-11-2012, 01:19 PM
Disclosure Document for the proposal to make non pro-rata offer to acquire shares

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2129

Armillary Private Capital
08-02-2013, 03:01 PM
St John Balanced Property Fund Board announces approval of share buy back offer.

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2162

Armillary Private Capital
27-03-2013, 01:18 PM
St John Balanced Property Fund Notice of Share Buy Back

https://www.unlisted.co.nz/Members/unlisted.mt_announcement.showannouncement?p_announ cement_id=2186

Armillary Private Capital
27-03-2013, 01:19 PM
Share Buy Back Offer Closes

https://www.unlisted.co.nz/Members/unlisted.mt_announcement.showannouncement?p_announ cement_id=2187

Armillary Private Capital
07-08-2013, 11:34 AM
Annual report and chairman's AGM address posted:

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2253

Armillary Private Capital
12-09-2013, 02:29 PM
Takeover offer made by Rockport:

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2265

Armillary Private Capital
07-10-2013, 10:39 AM
Takeover documents have been posted:

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2280

Armillary Private Capital
10-10-2013, 10:07 AM
Update on takeover offer:

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2286

Armillary Private Capital
17-10-2013, 03:11 PM
Takeover update:

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2291

Armillary Private Capital
22-10-2013, 01:33 PM
Takeover update:

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2296

Armillary Private Capital
28-11-2013, 02:57 PM
Takeover completed:

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2323