Page 205 - Profile's Stock Exchange Handbook - 2021 issue 1

Profile’s Stock Exchange Handbook: 2021 – Issue 1 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 At the same time as it changed its legal status, Richemont SA redeemed its
NATURE OF BUSINESS: Redefine is a ordinary capital, which was held exclusively by Compagnie Financière
leading South African-based Real Estate Investment Trust (REIT), Richemont SA (“CFR”), by way of the distribution to CFR of its entire
invested in a diverse property asset platform valued at R81.0 billion (FY19: luxury goods interests. In consequence, CFR became a specifically focused
R95.4 billion). Redefine’s portfolio is anchored domestically in directly luxury goods company and Reinet was established as an investment
held retail, office and industrial properties, and is complemented by vehicle, theprincipalassetofwhich wastheformerRichemont’sinterestin
property investments in Poland 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), Matthews B (ld ind ne), Naidoo D (ind ne), van Zyl W H (CEO)
Radley D (ind ne), SenneloLJ(ind ne), Pityana S M (Chair, ind ne),
Konig A J (CEO), Kok L C (FD) MAJOR ORDINARY SHAREHOLDERS as at 18 Dec 2020
MAJOR ORDINARY SHAREHOLDERS as at 01 Jul 2020 Anton Rupert Trust 24.93%
Allan Gray Unit Trust Management (RF) (Pty) Ltd.
5.06%
Government Employees Pension Fund 12.73%
Sesfikile Capital 5.30% POSTAL ADDRESS: 35, Boulevard Prince Henri, L-1724 Luxembourg,
The Redefine Empowerment Trust 5.18% Grand Duchy of Luxembourg
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 RNI Ords no par value - 195 941 286
AUDITORS: PwC Inc.
CAPITAL STRUCTURE AUTHORISED ISSUED DISTRIBUTIONS [EURc]
RDF Ords no par 10 000 000 000 5 793 183 207 Dep Receipts Ldt Pay Amt
DISTRIBUTIONS [ZARc] Final No 4 5 Sep 17 15 Sep 17 1.65
Ords no par Ldt Pay Amt Scr/100 Final No 3 6 Sep 16 16 Sep 16 1.61
Final No 61 19 Nov 19 25 Nov 19 48.13 - LIQUIDITY: Jan21 Ave 2m shares p.w., R582.3m(53.0% p.a.)
Interim No 60 21 May 19 27 May 19 49.19 5.18
ALSH 40 Week MA REINET
LIQUIDITY: Dec20 Ave 129m shares p.w., R505.8m(116.0% p.a.)
34632
SAPY 40 Week MA REDEFINE
1260 31675
28718
1047
25760
833
22803
619
19846
406 2018 | 2019 | 2020 |
192 FINANCIAL STATISTICS
2015 | 2016 | 2017 | 2018 | 2019 | 2020
(Amts in EUR’000) Sep 20 Mar 20 Mar 19 Mar 18 Mar 17
FINANCIAL STATISTICS Interim Final Final Final Final
(R million) Aug 20 Aug 19 Aug 18 Aug 17 Aug 16 Turnover - 329 000 239 000 210 000 140 000
Final Final(rst) Final Final(rst) Final Op Inc 38 000 279 000 187 000 153 000 - 100 000
NetRent/InvInc 5 134 5 480 5 438 5 037 4 195 NetIntPd(Rcvd) - 12 000 - 17 000 - 22 000 - 42 000 - 15 000
Int Recd 942 1 062 920 650 596 Minority Int - - - - 1 000
Total Inc 6 075 6 542 6 358 5 687 4 792 Att Inc 183 000 - 335 000 - 145 000 - 843 000 813 000
Tax - 13 43 533 240 88 Fixed Ass 4 552 000 4 404 000 4 875 000 5 129 000 -
Attrib Inc - 16 628 3 342 6 575 3 329 4 566 Tot Curr Ass 1 000 1 000 5 000 - 386 000
TotCompIncLoss - 14 988 3 519 8 086 1 941 4 686 Ord SH Int 4 551 000 4 403 000 4 830 000 5 127 000 6 002 000
Hline Erngs-CO - 2 860 2 139 3 679 4 211 3 471 LT Liab - - - - 813 000
Ord UntHs Int 38 283 55 960 57 677 53 436 49 360 Tot Curr Liab 2 000 2 000 50 000 2 000 80 000
Minority Int 548 609 472 350 281 PER SHARE STATISTICS (cents per share)
TotStockHldInt 38 831 56 569 58 149 53 786 49 641 HEPS-C (ZARc) 1 955.00 - 2 942.00 - 1 177.00 - 6 531.00 640.40
Investments 70 937 1 936 1 454 975 DPS (ZARc) - 394.06 323.81 298.61 25.97
FixedAss/Prop 63 523 78 836 74 469 63 274 51 749 NAV PS (ZARc) 48 523.00 47 073.00 41 146.00 38 166.00 4 380.90
Tot Curr Ass 7 327 3 321 2 850 3 881 2 783
Total Ass 82 170 102 743 98 693 91 493 79 812 3 Yr Beta - - - - 0.84
Tot Curr Liab 4 307 6 939 5 030 8 654 8 718 Price High 33 474 34 800 29 083 29 972 3 617
Price Low 26 250 22 301 19 308 20 813 2 532
PER SHARE STATISTICS (cents per share) Price Prd End 29 050 28 455 24 679 23 000 2 916
EPS (ZARc) - 306.11 61.76 123.07 65.88 101.45 RATIOS
HEPS-C (ZARc) - 52.64 39.53 68.87 83.60 77.00 Ret on SH Fnd 8.04 - 7.61 - 3.00 - 16.44 13.56
DPS (ZARc) - 97.32 97.10 92.00 86.00 Oper Pft Mgn - 84.80 78.24 72.86 - 71.43
NAV PS (ZARc) 714.85 1 047.44 1 083.25 1 022.53 1 055.74 D:E - - - - 0.14
3 Yr Beta 1.87 0.37 0.43 0.67 1.00 Current Ratio 0.50 0.50 0.10 - 4.83
Price Prd End 247 785 1 035 1 066 1 102 Div Cover - - 7.47 - 3.63 - 21.87 24.66
Price High 844 1 061 1 217 1 175 1 240
Price Low 139 757 966 1 005 805
RATIOS
RetOnSH Funds - 42.78 6.18 11.38 6.32 9.29
RetOnTotAss 6.90 6.41 9.57 8.50 8.32
Oper Pft Mgn 69.16 74.41 75.32 72.97 72.09
Debt:Equity 1.04 0.76 0.64 0.66 0.57
OperRetOnInv 7.43 6.74 7.12 7.78 7.96
OpInc:Turnover 58.44 62.33 64.42 64.62 63.12
SH Ret On Inv - 9.34 9.02 9.05 8.14
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