Page 203 - Stock Exchange Handbook 2020 - Issue 3

Profile’s Stock Exchange Handbook: 2020 – Issue 3 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
FOUNDED: 1999 the former Richemont SA changed its legal form to that of a partnership
LISTED: 2000 limited by shares and adopted the name Reinet Investments S.C.A.
NATURE OF BUSINESS: Redefine is a At the same time as it changed its legal status, Richemont SA redeemed its
leading South African-based Real ordinary capital, which was held exclusively by Compagnie Financière
Estate Investment Trust (REIT), invested in a diverse property asset Richemont SA (“CFR”), by way of the distribution to CFR of its entire
platformvaluedatR89.2 billion(FY19:R95.4 billion).Redefine’sportfolio luxury goods interests. In consequence, CFR became a specifically focused
is anchored domestically in directly held retail, office and industrial luxury goods company and Reinet was established as an investment
properties, and is complemented by property investments in Poland, the vehicle, theprincipalassetofwhich wastheformerRichemont’sinterestin
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),
Langa-RoydsNB(ind ne), Naidoo D (ind ne), SenneloLJ(ind ne), DIRECTORS: GrieveJA(ne, UK), Malherbe J (ne), Rupert J P (Chair),
Pityana S M (Chair, ind ne), Matthews B (Dep Chair, ld ind ne), van Zyl W (CEO)
Konig A J (CEO), Kok L C (FD) POSTAL ADDRESS: 35, Boulevard Prince Henri, L-1724 Luxembourg,
Grand Duchy of Luxembourg
MAJOR ORDINARY SHAREHOLDERS as at 31 Aug 2019
Government Employees Pension Fund 12.73% MORE INFO: www.sharedata.co.za/sdo/jse/RNI
The Redefine Empowerment Trust 5.18% COMPANY SECRETARY: S H Grundmann
Coronation Asset Management (Pty) Ltd. 4.11%
POSTAL ADDRESS: PO Box 1731, Parklands, 2121 TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
EMAIL: investorenquiries@redefine.co.za SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.)
WEBSITE: www.redefine.co.za AUDITORS: PwC Sàrl
TELEPHONE: 011-283-0000
ISSUED
COMPANY SECRETARY: Bronwyn Baker CAPITAL STRUCTURE AUTHORISED - 195 941 286
RNI
Ords no par value
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Java Capital DISTRIBUTIONS [EURc]
AUDITORS: PwC Inc. Dep Receipts Ldt Pay Amt
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 5 793 183 207
LIQUIDITY: Jul20 Ave 2m shares p.w., R509.5m(48.7% p.a.)
DISTRIBUTIONS [ZARc]
ALSH 40 Week MA REINET
Ords no par Ldt Pay Amt Scr/100
Final No 61 19 Nov 19 25 Nov 19 48.13 -
Interim No 60 21 May 19 27 May 19 49.19 5.18 34632
LIQUIDITY: Jun20 Ave 111m shares p.w., R610.2m(99.4% p.a.) 31675
SAPY 40 Week MA REDEFINE
28718
1260
25760
1047
22803
833
19846
2018 | 2019 |
619
FINANCIAL STATISTICS
406 (Amts in EUR’000) Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Final Final Final Final Final
192 Turnover 329 000 239 000 210 000 140 000 407 000
2015 | 2016 | 2017 | 2018 | 2019 |
Op Inc 279 000 187 000 153 000 - 100 000 349 000
NetIntPd(Rcvd) - 17 000 - 22 000 - 42 000 - 15 000 - 23 000
FINANCIAL STATISTICS
(R million)
Minority Int - - - 1 000 2 000
Aug 18
Aug 17
Aug 19
Aug 16
Feb 20
Interim Final Final Final(rst) Final Att Inc - 335 000 - 145 000 - 843 000 813 000 175 000
NetRent/InvInc 2 962 5 480 5 438 5 037 4 195
Int Recd 519 1 062 920 650 596 Fixed Ass - 4 875 000 5 129 000 - -
Total Inc 3 481 6 542 6 358 5 687 4 792 Tot Curr Ass - 5 000 - 386 000 1 000
Tax - 41 43 533 240 88 Ord SH Int - 4 830 000 5 127 000 6 002 000 5 221 000
Attrib Inc - 6 291 3 342 6 575 3 329 4 566 LT Liab - - - 813 000 -
TotCompIncLoss - 5 968 3 519 8 086 1 941 4 686 Tot Curr Liab - 50 000 2 000 80 000 1 000
Hline Erngs-CO 1 229 2 139 3 679 4 211 3 471
Ord UntHs Int 47 480 55 960 57 677 53 436 49 360 PER SHARE STATISTICS (cents per share) 640.40 135.33
HEPS-C (ZARc)
- 2 942.00 - 1 177.00 - 6 531.00
Minority Int 392 609 472 350 281 DPS (ZARc) 369.36 323.81 298.61 25.97 26.00
TotStockHldInt 47 872 56 569 58 149 53 786 49 641
Investments 765 937 1 936 1 454 975 NAV PS (ZARc) 47 073.00 41 146.00 38 166.00 4 380.90 4 479.20
3 Yr Beta
0.84
0.90
-
-
-
FixedAss/Prop 72 729 78 836 74 469 63 274 51 749
Tot Curr Ass 3 904 3 321 2 850 3 881 2 783 Price High 34 800 29 083 29 972 3 617 3 449
Total Ass 92 076 102 743 98 693 91 493 79 812 Price Low 22 301 19 308 20 813 2 532 2 421
Tot Curr Liab 5 170 6 939 5 030 8 654 8 718 Price Prd End 28 455 24 679 23 000 2 916 3 174
RATIOS
PER SHARE STATISTICS (cents per share) Ret on SH Fnd - - 3.00 - 16.44 13.56 3.39
EPS (ZARc) - 115.83 61.76 123.07 65.88 101.45
HEPS-C (ZARc) 22.63 39.53 68.87 83.60 77.00 Oper Pft Mgn 84.80 78.24 72.86 - 71.43 85.75
DPS (ZARc) - 97.32 97.10 92.00 86.00 D:E - - - 0.14 -
NAV PS (ZARc) 884.26 1 047.44 1 083.25 1 022.53 1 055.74 Current Ratio - 0.10 - 4.83 1.00
3 Yr Beta 0.64 0.37 0.43 0.67 1.00 Div Cover - 7.97 - 3.63 - 21.87 24.66 5.21
Price Prd End 543 785 1 035 1 066 1 102
Price High 844 1 061 1 217 1 175 1 240
Price Low 543 757 966 1 005 805
RATIOS
RetOnSH Funds - 26.77 6.18 11.38 6.32 9.29
RetOnTotAss 7.86 6.41 9.57 8.50 8.32
Oper Pft Mgn 72.26 74.41 75.32 72.97 72.09
Debt:Equity 0.87 0.76 0.64 0.66 0.57
OperRetOnInv 8.06 6.87 7.12 7.78 7.96
OpInc:Turnover 61.49 62.33 64.42 64.62 63.12
SH Ret On Inv - 9.34 9.02 9.05 8.14
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