Page 125 - Stock Exchange Handbook 2020 - Issue 3

Profile’s Stock Exchange Handbook: 2020 – Issue 3 JSE – EPP
EPP N.V. CAPITAL STRUCTURE AUTHORISED 907 946 792
ISSUED
Ords of EUR 0.81 ea
2 572 645 659
EPP
EPP
DISTRIBUTIONS [EURc]
Ords of EUR 0.81 ea Ldt Pay Amt
Interim No 6 1 Oct 19 7 Oct 19 5.80
Final No 5 2 Apr 19 8 Apr 19 5.78
Interim No 4 2 Oct 18 8 Oct 18 5.82
Final No 3 10 Apr 18 16 Apr 18 5.68
LIQUIDITY: Jun20 Ave 3m shares p.w., R40.1m(15.3% p.a.)
J863 40 Week MA EPP
ISIN: NL0011983374 SHORT: EPP CODE: EPP
REG NO: 64965945 FOUNDED: 2016 LISTED: 2016 2822
2353
NATURE OF BUSINESS:
EPPisarealestateinvestmentcompanyontheJSEandLuxSEand 1884
is one of the leading owners of retail space in Poland. Its quality
1415
retail portfolio is complemented by high quality offices located in
regional across Poland. The company currently operates a 946
portfolio of 25 retail shopping centres and 6 offices located across
477
the majority of the regional and major cities in Poland. EPP’s goal 2017 | 2018 | 2019 |
is to deliver consistent returns to its shareholders.
Recent Announcements
SECTOR: Fins—Financial Srvcs—Real Estate—Hldgs&Development Wednesday, 27 May 2020: Shareholders are advised that a notice
in respect of the Company’s annual general meeting, which
MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2019
Redefine Properties Ltd. 45.44% will be held at 12:00 CET on Thursday, 25 June 2020, at Tribes
Tensai Investments Pty) Ltd. 7.68% at Gustav Mahlerplein 28, 1082 MA Amsterdam, The Nether-
Government Employees Pension Fund 6.00%
lands (the “AGM”), has been dispatched on Wednesday, 27
May 2020 and is available on the company’s website:
FINANCIAL STATISTICS
(Amts in EUR’000)
www.epp-poland.com/s,129,shareholder-circulars.html.
Dec 19
Dec 16
Dec 18
Dec 17
Final Final Final Final(rst) Registration in respect of attendance at the AGM will take
NetRent/InvInc 148 100 142 674 103 255 67 302
Int Recd 6 229 4 865 7 419 7 339 place between 11:30 CET and the commencement of the AGM
Profit before tax 87 780 137 592 160 905 91 752 at 12:00 CET. Once the AGM has started registration will no
Tax 21 615 13 427 32 557 19 424 longer be possible. The AGM shall be conducted in English. In
Attrib Inc 65 181 124 165 128 348 72 328 light of the evolving outbreak of Covid-19, the Company en-
TotCompIncLoss 76 047 118 356 128 498 71 894 courages its shareholders to exercise their voting rights via
Hline Erngs-CO 61 120 87 454 46 053 32 045 proxy.
Ord UntHs Int 1 087 372 1 022 688 833 821 607 438 In accordance with Dutch law, the record date for the annual
TotStockHldInt 1 087 372 1 022 688 833 821 607 438 general meeting is Thursday, 28 May 2020 and the last day to
Investments 2 492 501 2 340 435 1 771 581 1 413 717 trade in order to attend and, if applicable, vote at the annual
Tot Curr Ass 105 661 111 355 154 569 85 564 general meeting is Monday, 25 May 2020.
Total Ass 2 606 715 2 471 715 1 952 114 1 509 398 Monday, 25 May 2020: Shareholders are advised that the board of
Tot Curr Liab 75 506 61 815 176 583 83 502 directors of EPP (“the Board”) has nominated Mr Andrew
König for appointment as a non-executive director of the
PER SHARE STATISTICS (cents per share)
EPLU (ZARc) 121.33 240.39 301.02 320.72 Board. The nomination of Mr König is subject to approval by
HEPLU-C (ZARc) 111.94 168.90 108.74 141.64 EPP shareholders at the company’s next annual general
Pct chng p.a. - 33.7 55.3 - 23.2 - meeting (“the annual general meeting”) and further details
DPLU (ZARc) 94.36 194.51 163.20 42.71 will be provided in the notice of annual general meeting (which
Pct chng p.a. - 51.5 19.2 282.1 - is due to be published prior to the end of May 2020).
NAV (ZARc) 2 067.20 2 223.45 1 961.52 1 675.04 Inaddition,independentnon-executivedirectorMsAndreaSteer
3 Yr Beta - 0.08 - - - has notified the Board that due to personal reasons, she will not
Price Prd End 1 715 1 875 1 700 1 950 stand for re-election as a member of the Board at the company’s
Price High 2 100 2 183 2 199 2 450 next annual general meeting. Accordingly, Ms Steer will retire as
Price Low 1 631 1 382 1 315 1 900 a director at the conclusion of the annual general meeting.
RATIOS The Board will embark on a process to identify and nominate
RetOnSH Funds 5.99 12.14 15.39 11.91 for appointment an independent non-executive director as a
RetOnTotAss 6.05 6.93 5.68 5.00 suitable replacement for Ms Steer and will update the market
Oper Pft Mgn 96.39 108.76 73.09 79.26 in due course.
Debt:Equity 1.26 1.29 1.16 1.34
OperRetOnInv 5.94 6.10 6.21 4.86 Monday, 25 May 2020: Shareholders are referred to the previous an-
OpInc:Turnover 90.51 90.58 67.73 69.34 nouncements released on SENS and published on the Luxem-
NUMBER OF EMPLOYEES: 220 bourg Stock Exchange (“LuxSE”) website on 16 March 2020, 23
DIRECTORS: Dean H (CEO), March 2020 and 30 April 2020 wherein shareholders were
Baginski J (CFO), Weisz R (Chair, ind ne), advised that the board of directors of EPP had resolved to
Belka M (ind ne), Dyjas M (ne),
Ellerine D (ind ne), Steer A (ind ne), postpone the payment of the cash dividend of EUR5.82 cents
TempletonJWA(ne), Prinsloo P (ne), per share for the six months ended 31 December 2019
de Groot T (ind ne) (“dividend”)pendingthe continuedassessmentofthe impact of
EMAIL: HQoffice@epp-poland.com
WEBSITE: www.epp-poland.com COVID-19 on EPP’s operations and liquidity.
TELEPHONE: 004822-221-7110 Scan the QR code to Although the Polish Government lifted the trading restrictions
FAX: 004822-430-0301 visit our website on Polish shopping centers and retail outlets on 4 May 2020 and
COMPANY SECRETARY: Rafal Kwiatkowski 71% of EPP’s retail GLA is once again operational, it remains
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. premature to meaningfully establish the medium term impact
SPONSOR: Java Capital
AUDITORS: Ernst & Young Inc., Ernst & Young LLP of COVID-19 on EPP’s retail portfolio and consequent
BANKERS: Cooperative RaboBank U.A. cashflows. EPP continues to engage constructively with its
tenants, lenders and business partners on achieving mutually ac-
CALENDAR Expected Status ceptable solutions during this challenging period and negotia-
Annual General Meeting 25 Jun 2020 Confirmed tions remain on-going in this regard.
Next Interim Results Sep 2020 Unconfirmed
Next Final Results Mar 2021 Unconfirmed
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