Page 126 - Profile's Stock Exchange Handbook - 2021 issue 1

JSE – EPP Profile’s Stock Exchange Handbook: 2021 – Issue 1
CALENDAR Expected Status
EPP N.V. Next Final Results Mar 2021 Unconfirmed
Annual General Meeting Jun 2021 Unconfirmed
EPP
Next Interim Results Sep 2021 Unconfirmed
CAPITAL STRUCTURE AUTHORISED ISSUED
EPP Ords of EUR 0.81 ea 2 572 645 659 907 946 792
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
ISIN: NL0011983374 SHORT: EPP CODE: EPP Interim No 4 2 Oct 18 8 Oct 18 5.82
REG NO: 64965945 FOUNDED: 2016 LISTED: 2016 Final No 3 10 Apr 18 16 Apr 18 5.68
LIQUIDITY: Nov20 Ave 3m shares p.w., R31.4m(16.3% p.a.)
NATURE OF BUSINESS:
EPPisarealestateinvestmentcompanyontheJSEandLuxSEand J863 40 Week MA EPP
is one of the leading owners of retail space in Poland. Its quality 2822
retail portfolio is complemented by high quality offices located in
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regional across Poland. The company currently operates a
portfolio of 26 retail shopping centres and 6 offices located across 1884
the majority of the regional and major cities in Poland. EPP’s goal
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is to deliver consistent returns to its shareholders.
SECTOR: Fins—Financial Srvcs—Real Estate—Hldgs&Development 946
MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2019
477
Redefine Properties Ltd. 45.44% 2017 | 2018 | 2019 | 2020
Tensai Investments Pty) Ltd. 7.68%
Government Employees Pension Fund 6.00% Recent Announcements
FINANCIAL STATISTICS Thursday, 26 November 2020: Shareholders are advised that the
(Amts in EUR’000) Jun 20 Dec 19 Dec 18 Dec 17 Dec 16 Polish government has announced the lifting of trading restric-
Interim Final Final Final Final(rst) tions which had been imposed on all Polish shopping centres
NetRent/InvInc 52 647 148 100 142 674 103 255 67 302
and retail locations measuring over 2,000 sqm of retail space
Int Recd 623 6 229 4 865 7 419 7 339 from 7 November 2020. The shops will now be allowed to trade
Profit/Loss before tax - 25 404 87 780 137 592 160 905 91 752
Tax - 1 093 21 615 13 427 32 557 19 424 from Saturday 28 November 2020, with the second lockdown
Attrib Inc - 24 311 65 181 124 165 128 348 72 328 endingafteronlybeinginplacefor3weeks. This ismuchshorter
TotCompIncLoss - 82 512 76 047 118 356 128 498 71 894 than the 7-week lockdown in March and April 2020 and, as a
Hline Erngs-CO 62 677 61 120 87 454 46 053 32 045 result, its impact is expected to be materially less severe. Restau-
Ord UntHs Int 1 003 575 1 087 372 1 022 688 833 821 607 438 rants will be permitted to operate on a takeaway and delivery
TotStockHldInt 1 003 575 1 087 372 1 022 688 833 821 607 438 basis, and further decisions regarding opening of restaurants
Investments 2 395 140 2 492 501 2 340 435 1 771 581 1 413 717 will be made by the government by 27 December 2020.
Tot Curr Ass 213 165 105 661 111 355 154 569 85 564 Cinemas, fitness and entertainment facilities will remain
Total Ass 2 615 867 2 606 715 2 471 715 1 952 114 1 509 398 closed. With effect from 28 November 2020, 89% of EPP’s retail
Tot Curr Liab 76 134 75 506 61 815 176 583 83 502
portfolio in terms of GLA will be able to operate.
PER SHARE STATISTICS (cents per share)
EPLU (ZARc) - 49.60 121.33 240.39 301.02 320.72 The principles regarding social distancing will remain in place
HEPLU-C (ZARc) 126.75 111.94 168.90 108.74 141.64 which include wearing a face mask and maintaining social dis-
Pct chng p.a. 126.5 - 33.7 55.3 - 23.2 - tancing when in public spaces. Limits of people visiting the
DPLU (ZARc) - 94.36 194.51 163.20 42.71
shopping centres have also been announced – maximum 1
Pct chng p.a. - - 51.5 19.2 282.1 -
NAV (ZARc) 2 355.87 2 067.20 2 223.45 1 961.52 1 675.04 person per 15 sqm of sales or service area. Due to the substantial
3 Yr Beta 1.16 - 0.08 - - - areas of our retail properties, we expect to be able to efficiently
Price Prd End 939 1 715 1 875 1 700 1 950 serve the Christmas footfall within the allowed limits.
Price High 1 775 2 100 2 183 2 199 2 450
Price Low 434 1 631 1 382 1 315 1 900 EPP is pleased with the decision to re-open shopping centres
RATIOS earlier than expected, especially ahead of such an important
RetOnSH Funds - 4.84 5.99 12.14 15.39 11.91 trading period for its retail tenants. The company remains in
RetOnTotAss 3.48 6.05 6.93 5.68 5.00 close dialogue with the government, health and sanitary authori-
Oper Pft Mgn 69.84 96.39 108.76 73.09 79.26 ties and industry associations to ensure all health protocols are
Debt:Equity 1.45 1.26 1.29 1.16 1.34 strictly followed, shopping continues to remain safe in the
OperRetOnInv 4.40 5.94 6.10 6.21 4.86 company’s retail locations and all shoppers, staff and employees
OpInc:Turnover 68.54 90.51 90.58 67.73 69.34
are safe during this period.
NUMBER OF EMPLOYEES: 220
DIRECTORS: Trzoslo T (CEO),
Baginski J (CFO), Weisz R (Chair, ind ne), EPP will continue to monitor the situation and update the
Belka M (ind ne), Dyjas M (ne), market accordingly.
Ellerine D (ind ne), Konig A (ne),
TempletonJWA(ind ne), Prinsloo P (ne),
de Groot T (ind ne)
EMAIL: HQoffice@epp-poland.com
WEBSITE: www.epp-poland.com
TELEPHONE: 004822-221-7110 Scan the QR code to
FAX: 004822-430-0301 visit our website
COMPANY SECRETARY: Rafal Kwiatkowski
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Java Capital
AUDITORS: Ernst & Young Inc., Ernst & Young LLP
BANKERS: Cooperative RaboBank U.A.
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