Page 209 - SHBe20.vp

Profile’s Stock Exchange Handbook: 2020 – Issue 2 JSE – RED
Redefine Properties Ltd. Reinet Investments SCA
RED REI
ISIN: ZAE000190252 ISIN: LU0383812293 SHORT: REINET CODE: RNI
SHORT: REDEFINE REG NO: B16.576 FOUNDED: 2008 LISTED: 2008
CODE: RDF NATUREOF BUSINESS:Reinet wasestablished on21 October 2008 when
REG NO: 1999/018591/06 the former Richemont SA changed its legal form to that of a partnership
FOUNDED: 1999 limited by shares and adopted the name Reinet Investments S.C.A.
LISTED: 2000
NATURE OF BUSINESS: Redefine is a At the same time as it changed its legal status, Richemont SA redeemed its
ordinary capital, which was held exclusively by Compagnie Financière
leading South African-based Real
Estate Investment Trust (REIT), with adiverse, property asset platform Richemont SA (“CFR”), by way of the distribution to CFR of its entire
valued at R94.5 billion (FY18: R91.3 billion ). Redefine’s portfolio is luxury goods interests. In consequence, CFR became a specifically focused
anchored domestically in directly held retail, office, industrial and luxury goods company and Reinet was established as an investment
specialised properties, and is complemented by property investments in vehicle, theprincipalassetofwhich wastheformerRichemont’sinterestin
Poland, the United Kingdom (UK) and Australia. British American Tobacco.
SECTOR: Fins—Rest—Inv—Div SECTOR: Fins—Financial Srvcs—Gen Financial—Specialty Finance
NUMBER OF EMPLOYEES: 484 NUMBER OF EMPLOYEES: 12
DIRECTORS: Barkhuysen M (ind ne), DambuzaASP(ind ne), DIRECTORS: GrieveJA(ne, UK), Malherbe J (ne), Rupert J P (Chair),
Langa-RoydsNB(ind ne), Mehta H K(ne), Naidoo D (ind ne), van Zyl W (CEO)
SenneloLJ(ind ne), Pityana S M (Chair, ind ne), POSTAL ADDRESS: 35, Boulevard Prince Henri, L-1724 Luxembourg,
Matthews B (Dep Chair, ld ind ne), Konig A J (CEO), Kok L C (FD)
MAJOR ORDINARY SHAREHOLDERS as at 31 Aug 2019 Grand Duchy of Luxembourg
Government Employees Pension Fund 12.73% MORE INFO: www.sharedata.co.za/v2/Scripts/Summary.aspx?c=RNI
The Redefine Empowerment Trust 5.18% COMPANY SECRETARY: S H Grundmann
Coronation Asset Management (Pty) Ltd. 4.11% TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
POSTAL ADDRESS: PO Box 1731, Parklands, 2121 SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.)
EMAIL: investorenquiries@redefine.co.za AUDITORS: PwC Sàrl
WEBSITE: www.redefine.co.za CAPITAL STRUCTURE AUTHORISED ISSUED
TELEPHONE: 011-283-0000
COMPANY SECRETARY: Bronwyn Baker RNI Ords no par value - 195 941 286
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. DISTRIBUTIONS [EURc]
SPONSOR: Java Capital Dep Receipts Ldt Pay Amt
AUDITORS: PwC Inc. Final No 4 5 Sep 17 15 Sep 17 1.65
CAPITAL STRUCTURE AUTHORISED ISSUED Final No 3 6 Sep 16 16 Sep 16 1.61
RDF Ords no par 10 000 000 000 5 793 183 210 LIQUIDITY: May20 Ave 2m shares p.w., R490.1m(48.7% p.a.)
DISTRIBUTIONS [ZARc]
Ords no par Ldt Pay Amt Scr/100 ALSH 40 Week MA REINET
Final No 61 19 Nov 19 25 Nov 19 48.13 - 34632
Interim No 60 21 May 19 27 May 19 49.19 5.18
LIQUIDITY: Mar20 Ave 74m shares p.w., R616.8m(66.5% p.a.) 31675
SAPY 40 Week MA REDEFINE 28718
1260
25760
1052
22803
844
19846
2018 | 2019 |
636
FINANCIAL STATISTICS
428 (Amts in EUR’000) Sep 19 Mar 19 Mar 18 Mar 17 Mar 16
Interim Final Final Final Final
220 Turnover - 239 000 210 000 140 000 407 000
2015 | 2016 | 2017 | 2018 | 2019 |
Op Inc 74 000 187 000 153 000 - 100 000 349 000
FINANCIAL STATISTICS NetIntPd(Rcvd) - 4 000 - 22 000 - 42 000 - 15 000 - 23 000
(R million) Aug 19 Aug 18 Aug 17 Aug 16 Aug 15 Minority Int - - - 1 000 2 000
Final Final Final(rst) Final Final
NetRent/InvInc 5 480 5 438 5 037 4 195 4 335 Att Inc 7 000 - 145 000 - 843 000 813 000 175 000
Int Recd 1 062 920 650 596 249 Fixed Ass 4 775 000 4 875 000 5 129 000 - -
Total Inc 6 542 6 358 5 687 4 792 4 585 Tot Curr Ass 8 000 5 000 - 386 000 1 000
Tax 43 533 240 88 - 171 Ord SH Int 4 745 000 4 830 000 5 127 000 6 002 000 5 221 000
Attrib Inc 3 342 6 575 3 329 4 566 5 334 LT Liab - - - 813 000 -
TotCompIncLoss 3 519 8 086 1 941 4 686 6 133 Tot Curr Liab 38 000 50 000 2 000 80 000 1 000
Hline Erngs-CO 2 139 3 679 4 211 3 471 3 103 PER SHARE STATISTICS (cents per share)
Ord UntHs Int 55 960 57 677 53 436 49 360 45 137 HEPS-C (ZARc) 65.00 - 1 177.00 - 6 531.00 640.40 135.33
Minority Int 609 472 350 281 - DPS (ZARc) - 323.81 298.61 25.97 26.00
TotStockHldInt 56 569 58 149 53 786 49 641 45 137 NAV PS (ZARc) 41 978.00 41 146.00 38 166.00 4 380.90 4 479.20
Investments 937 1 936 1 454 975 989 3 Yr Beta - - - 0.84 0.90
FixedAss/Prop 78 836 74 469 63 274 51 749 49 934
Tot Curr Ass 3 321 2 850 3 881 2 783 2 723 Price High 28 365 29 083 29 972 3 617 3 449
Total Ass 102 743 98 693 91 493 79 812 70 489 Price Low 22 301 19 308 20 813 2 532 2 421
Tot Curr Liab 6 939 5 030 8 654 8 718 3 404 Price Prd End 27 450 24 679 23 000 2 916 3 174
RATIOS
PER SHARE STATISTICS (cents per share) Ret on SH Fnd 0.30 - 3.00 - 16.44 13.56 3.39
EPS (ZARc) 61.76 123.07 65.88 101.45 142.52
HEPS-C (ZARc) 39.53 68.87 83.60 77.00 82.91 Oper Pft Mgn - 78.24 72.86 - 71.43 85.75
DPS (ZARc) 97.32 97.10 92.00 86.00 80.00 D:E - - - 0.14 -
NAV PS (ZARc) 1 047.44 1 083.25 1 022.53 1 055.74 1 033.72 Current Ratio 0.21 0.10 - 4.83 1.00
3 Yr Beta 0.37 0.43 0.67 1.00 - 0.08 Div Cover - - 3.63 - 21.87 24.66 5.21
Price Prd End 785 1 035 1 066 1 102 1 148
Price High 1 061 1 217 1 175 1 240 1 268
Price Low 757 966 1 005 805 910
RATIOS
RetOnSH Funds 6.18 11.38 6.32 9.29 12.43
RetOnTotAss 6.41 9.57 8.50 8.32 7.74
Oper Pft Mgn 74.41 75.32 72.97 72.09 68.95
Debt:Equity 0.76 0.64 0.66 0.57 0.53
OperRetOnInv 6.87 7.12 7.78 7.96 8.51
OpInc:Turnover 62.33 64.42 64.62 63.12 65.20
SH Ret On Inv 9.34 9.02 9.05 8.14 7.79
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