Page 201 - Profile's Stock Exchange Handbook 2020 Issue 4

Profile’s Stock Exchange Handbook: 2020 – Issue 4 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), RadleyDC(ind ne), DIRECTORS: GrieveJA(ne, UK), Malherbe J (ne), Rupert J P (Chair),
SenneloLJ(ind ne), Pityana S M (Chair, ind ne), van Zyl W H (CEO)
Matthews B (Dep Chair, ld ind ne), Konig A J (CEO) MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2020
MAJOR ORDINARY SHAREHOLDERS as at 01 Jul 2020 Anton Rupert Trust 24.93%
Government Employees Pension Fund 12.73% POSTAL ADDRESS: 35, Boulevard Prince Henri, L-1724 Luxembourg,
Sesfikile Capital 5.30% Grand Duchy of Luxembourg
The Redefine Empowerment Trust 5.18%
POSTAL ADDRESS: PO Box 1731, Parklands, 2121 MORE INFO: www.sharedata.co.za/sdo/jse/RNI
EMAIL: investorenquiries@redefine.co.za COMPANY SECRETARY: S H Grundmann
WEBSITE: www.redefine.co.za TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
TELEPHONE: 011-283-0000 SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.)
COMPANY SECRETARY: Bronwyn Baker AUDITORS: PwC Sàrl
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. CAPITAL STRUCTURE AUTHORISED ISSUED
SPONSOR: Java Capital
AUDITORS: PwC Inc. RNI Ords no par value - 195 941 286
DISTRIBUTIONS [EURc]
CAPITAL STRUCTURE AUTHORISED ISSUED
RDF Ords no par 10 000 000 000 5 793 183 207 Dep Receipts Ldt Pay Amt
Final No 4 5 Sep 17 15 Sep 17 1.65
DISTRIBUTIONS [ZARc] Final No 3 6 Sep 16 16 Sep 16 1.61
Ords no par Ldt Pay Amt Scr/100
Final No 61 19 Nov 19 25 Nov 19 48.13 - LIQUIDITY: Oct20 Ave 2m shares p.w., R583.5m(53.7% p.a.)
Interim No 60 21 May 19 27 May 19 49.19 5.18 ALSH 40 Week MA REINET
LIQUIDITY: Sep20 Ave 121m shares p.w., R558.0m(108.4% p.a.) 34632
SAPY 40 Week MA REDEFINE
31675
1260
28718
1047
25760
833
22803
619
19846
2018 | 2019 | 2020
406
FINANCIAL STATISTICS
192 (Amts in EUR’000) Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
2015 | 2016 | 2017 | 2018 | 2019 | 2020
Final Final Final Final Final
FINANCIAL STATISTICS Turnover 329 000 239 000 210 000 140 000 407 000
(R million) Feb 20 Aug 19 Aug 18 Aug 17 Aug 16 Op Inc 279 000 187 000 153 000 - 100 000 349 000
Interim Final Final Final(rst) Final NetIntPd(Rcvd) - 17 000 - 22 000 - 42 000 - 15 000 - 23 000
NetRent/InvInc 2 962 5 480 5 438 5 037 4 195
Int Recd 519 1 062 920 650 596 Minority Int - - - 1 000 2 000
Total Inc 3 481 6 542 6 358 5 687 4 792 Att Inc - 335 000 - 145 000 - 843 000 813 000 175 000
Tax - 41 43 533 240 88 Fixed Ass 4 404 000 4 875 000 5 129 000 - -
Attrib Inc - 6 291 3 342 6 575 3 329 4 566 Tot Curr Ass 1 000 5 000 - 386 000 1 000
TotCompIncLoss - 5 968 3 519 8 086 1 941 4 686 Ord SH Int 4 403 000 4 830 000 5 127 000 6 002 000 5 221 000
Hline Erngs-CO 1 229 2 139 3 679 4 211 3 471 LT Liab - - - 813 000 -
Ord UntHs Int 47 480 55 960 57 677 53 436 49 360 Tot Curr Liab 2 000 50 000 2 000 80 000 1 000
Minority Int 392 609 472 350 281 PER SHARE STATISTICS (cents per share)
TotStockHldInt 47 872 56 569 58 149 53 786 49 641 HEPS-C (ZARc) - 2 942.00 - 1 177.00 - 6 531.00 640.40 135.33
Investments 765 937 1 936 1 454 975 DPS (ZARc) 394.06 323.81 298.61 25.97 26.00
FixedAss/Prop 72 729 78 836 74 469 63 274 51 749 NAV PS (ZARc) 47 073.00 41 146.00 38 166.00 4 380.90 4 479.20
Tot Curr Ass 3 904 3 321 2 850 3 881 2 783 3 Yr Beta - - - 0.84 0.90
Total Ass 92 076 102 743 98 693 91 493 79 812
Tot Curr Liab 5 170 6 939 5 030 8 654 8 718 Price High 34 800 29 083 29 972 3 617 3 449
Price Low 22 301 19 308 20 813 2 532 2 421
PER SHARE STATISTICS (cents per share) Price Prd End 28 455 24 679 23 000 2 916 3 174
EPS (ZARc) - 115.83 61.76 123.07 65.88 101.45 RATIOS
HEPS-C (ZARc) 22.63 39.53 68.87 83.60 77.00 Ret on SH Fnd - 7.61 - 3.00 - 16.44 13.56 3.39
DPS (ZARc) - 97.32 97.10 92.00 86.00
NAV PS (ZARc) 884.26 1 047.44 1 083.25 1 022.53 1 055.74 Oper Pft Mgn 84.80 78.24 72.86 - 71.43 85.75
3 Yr Beta 0.64 0.37 0.43 0.67 1.00 D:E - - - 0.14 -
Price Prd End 543 785 1 035 1 066 1 102 Current Ratio 0.50 0.10 - 4.83 1.00
Price High 844 1 061 1 217 1 175 1 240 Div Cover - 7.47 - 3.63 - 21.87 24.66 5.21
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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