Page 150 - SHB 2020 Issue 1

JSE – GRI Profile’s Stock Exchange Handbook: 2020 – Issue 1
NUMBER OF EMPLOYEES: 97
Grit Real Estate Income Group Ltd. DIRECTORS: Jonah Sir S E (ind ne, Ghana),
GRI Love D (ind ne), Corbett B A (CEO),
ISIN: MU0473N00036 van de Moortele L (CFO), Todd P M (Chair, ne),
SHORT: GRITREAL Macleod I (ind ne), Radebe N (ne),
CODE: GTR McIlraith C (ind ne, Mau)
REG NO: C128881 C1/GBL POSTAL ADDRESS: Level 3, La Croisette
FOUNDED: 2012 Shopping Mall, Grand Baie, Mauritius
LISTED: 2012
EMAIL: communications@grit.group
Scan the QR code to WEBSITE: www.grit.group
NATURE OF BUSINESS: visit our website TELE PHONE: 00230-269-7090
Grit Real Estate Income Group COMPANY SECRETARY: Intercontinental Fund
(“Grit” or “the Company”), is a multi-listed real estate income Services Limited
group operating in carefully selected African countries and is TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: PSG Capital (Pty) Ltd.
currently listed on the Main Market of the London Stock AUDITORS: PwC LLP
Exchange (“LSE”), the Main Board of the Jo han nes burg Stock BANKERS: Bank of China, Barclays, Investec, SBM (State Bank of
Exchange Limited (“JSE”) and the Official Market of the Stock Mauritius), Standard Bank
Exchange of Mauritius Limited (“SEM”).
Grit has a robust property portfolio with di ver si fi ca tion across CALENDAR Expected Status
sectors and geography, backed by com pre hen sive risk mit i ga - Next Interim Results Feb 2020 Un con firmed
tion policies and procedures. The Company optimises its Next Final Results Sep 2020 Un con firmed
struc tural in vest ments, un der pinned by solid property fun da - Annual General Meeting Nov 2020 Un con firmed
men tals, to achieve com pel ling US Dollar returns. Its ability to
ISSUED
sustain dis tri bu tion is supported by pre dom i nantly US Dollar CAPITAL STRUCTURE AUTHORISED 306 396 035
GTR
Ords USD0.0001 ea
7 500 000 000
and EURO-de nom i nated long-term leases with blue chip mul -
ti na tional tenants, elim i nat ing currency risk and de liv er ing DISTRIBUTIONS [USDc] Ldt Pay Amt
Ords USD0.0001 ea
strong sus tain able income. Final No 11 15 Oct 19 15 Nov 19 6.95
Since listing on the JSE in 2014, Grit has grown its property Interim No 10 5 Mar 19 5 Apr 19 5.25
portfolio from USD140 million to over USD800 million and Final No 9 16 Oct 18 16 Nov 18 6.12
has suc cess fully delivered eleven con sec u tive dividend dis tri - Interim No 8 27 Feb 18 29 Mar 18 6.07
bu tions in line with Company guidance. Grit is a con stit u ent LIQUIDITY: Sep19 Ave 204 877 shares p.w., R3.9m(3.5% p.a.)
of the SEM-10 index, the S&P Africa Frontier (Global) index ALSH 40 Week MA GRITREAL
as well as an un der ly ing con stit u ent of the JSE-listed Cloud
2350
Atlas AMI series BIG 50 ex-SA ETF.
SECTOR: Fins—Financial Srvcs—Real Estate—Hldgs&Development 2156
MAJOR ORDINARY SHAREHOLDERS as at 30 Aug 2019
Government Employees Pension Fund 27.60% 1963
Delta Property Fund 7.80%
Drive In Trading Ltd. 7.60% 1769
Transformers Investments Ltd. 5.90%
Management and staff 5.00% 1575
FINANCIAL STATISTICS 1382
(Amts in USD’000) Jun 19 Jun 18 Jun 17 Jun 16 Jun 15 2014 | 2015 | 2016 | 2017 | 2018 | 2019
Final Final Final(rst) Final(rst) Final(rst)
NetRent/InvInc 32 318 25 653 23 727 19 577 12 378
Int Recd 7 896 4 375 2 059 170 91
Total Inc 40 488 30 037 26 040 20 552 12 853
Tax 13 417 4 752 - 2 916 10 534 2 505
Attrib Inc 28 035 28 562 - 6 634 - 17 962 - 2 848
TotCompIncLoss 24 253 24 250 - 4 390 - 17 970 - 3 196
Hline Erngs-CO 23 417 30 780 13 482 4 164 - 7 882
Ord UntHs Int 389 949 279 383 258 307 138 772 122 604
Pref SH Int 12 840 12 840 12 840 - -
Minority Int 4 581 - 3 940 - 1 123 - 455 - 710
TotStockHldInt 407 370 288 283 270 024 138 317 121 894
Investments 585 188 398 403 332 235 239 926 210 391
FixedAss/Prop 2 158 1 749 1 290 525 97
Tot Curr Ass 50 316 32 949 49 912 33 112 25 353
Total Ass 863 878 651 561 546 289 328 604 235 862
Tot Curr Liab 238 619 135 257 74 637 50 831 99 897
PER SHARE STATISTICS (cents per share)
EPS (ZARc) 137.36 182.47 - 82.26 - 319.15 - 69.27
HEPS-C (ZARc) 114.80 81.60 167.25 73.81 - 191.56
Pct chng p.a. 40.7 - 51.2 126.6 138.5 - 625.9
Tr 5yr av grwth % - 74.3 - 66.1 - 214.7 - 240.0 -
DPS (ZARc) 171.60 162.78 158.04 174.44 129.16
Pct chng p.a. 5.4 3.0 - 9.4 35.1 -
Tr 5yr av grwth % 6.8 5.7 5.1 7.0 -
NAV PS (ZARc) 1 858.47 1 861.67 1 682.15 2 427.82 2 052.26
3 Yr Beta - 0.17 - 0.09 0.06 - -
Price Prd End 1 800 1 600 1 650 1 950 1 798
Price High 2 000 1 950 2 000 2 200 2 355
Price Low 1 580 1 500 1 576 1 500 1 510
RATIOS
RetOnSH Funds 6.40 8.93 - 2.75 - 12.84 - 2.94
RetOnTotAss 7.07 7.84 6.04 6.27 5.45
Oper Pft Mgn 94.74 90.37 108.48 93.90 81.06
Debt:Equity 0.91 1.09 0.87 1.18 0.85
OperRetOnInv 5.50 6.41 7.11 8.14 5.88
OpInc:Turnover 75.63 77.18 98.85 89.45 78.07
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