Page 193 - Profile's Stock Exchange Handbook - 2021 Issue 3

Profile’s Stock Exchange Handbook: 2021 – Issue 3 JSE – RED
Redefine Properties Ltd. Reinet Investments SCA
RED REI
ISIN: ZAE000190252 ISIN: LU0383812293 SHORT: REINET CODE: RNI
SHORT: REDEFINE REG NO: B16576 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 R75.3 billion (FY20: luxury goods interests. In consequence, CFR became a specifically focused
R81.0 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: RealEstate—RealEstate—REITS—Diversified SECTOR: Fins—FinServcs—InvBnkng&BrokerServcs— DiversFinServcs
NUMBER OF EMPLOYEES: 492 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 (COO), Nyawo N G (CFO) MAJOR ORDINARY SHAREHOLDERS as at 18 Dec 2020
MAJOR ORDINARY SHAREHOLDERS as at 31 Aug 2020 Anton Rupert Trust 24.93%
5.06%
Allan Gray Unit Trust Management (RF) (Pty) Ltd.
Government Employees Pension Fund 13.29%
Coronation Fund Managers 9.32% POSTAL ADDRESS: 35, Boulevard Prince Henri, L-1724 Luxembourg,
Ninety One Group 8.77% Grand Duchy of Luxembourg
POSTAL ADDRESS:PostNetSuite264, PrivateBagX31,Saxonwold,2132 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: Thembekile Dube (acting) 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: Jul21 Ave 2m shares p.w., R589.5m(54.1% p.a.)
Interim No 60 21 May 19 27 May 19 49.19 5.18
GENF 40 Week MA REINET
LIQUIDITY: Jun21 Ave 140m shares p.w., R434.6m(125.3% p.a.)
REIV 40 Week MA REDEFINE
1229 30924
27216
1022
23508
814
19800
607
16093
399 2018 | 2019 | 2020 |
192 FINANCIAL STATISTICS
2016 | 2017 | 2018 | 2019 | 2020 |
(EUR million) Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
FINANCIAL STATISTICS Final Final Final Final Final
(R million) Feb 21 Aug 20 Aug 19 Aug 18 Aug 17 Turnover 153 329 239 210 140
Interim Final Final(rst) Final Final(rst) Op Inc 109 279 187 153 - 100
NetRent/InvInc 1 683 5 134 5 480 5 438 5 037 NetIntPd(Rcvd) - 13 - 17 - 22 - 42 - 15
Int Recd 310 942 1 062 920 650 Minority Int - - - - 1
Total Inc 1 993 6 075 6 542 6 358 5 687 Att Inc 1 016 - 335 - 145 - 843 813
Tax 505 - 13 43 533 240 Fixed Ass 5 386 4 404 4 875 5 129 -
Attrib Inc 1 545 - 16 628 3 342 6 575 3 329 Tot Curr Ass 1 1 5 - 386
TotCompIncLoss 112 - 14 988 3 519 8 086 1 941 Ord SH Int 5 384 4 403 4 830 5 127 6 002
Hline Erngs-CO 459 - 2 860 2 139 3 679 4 211 LT Liab - - - - 813
Ord UntHs Int 38 520 38 283 55 960 57 677 53 436 Tot Curr Liab 3 2 50 2 80
Minority Int 313 548 609 472 350
TotStockHldInt 38 833 38 831 56 569 58 149 53 786 PER SHARE STATISTICS (cents per share)
Investments 57 70 937 1 936 1 454 HEPS-C (ZARc) 10 494.00 - 2 942.00 - 1 177.00 - 6 531.00 640.40
FixedAss/Prop 61 790 63 523 78 836 74 469 63 274 DPS (ZARc) 427.80 394.06 323.81 298.61 25.97
Tot Curr Ass 5 449 7 327 3 321 2 850 3 881 NAV PS (ZARc) 50 628.00 47 073.00 41 146.00 38 166.00 4 380.90
Total Ass 76 882 82 170 102 743 98 693 91 493 3 Yr Beta - - - - 0.84
Tot Curr Liab 7 933 4 307 6 939 5 030 8 654 Price High 33 474 34 800 29 083 29 972 3 617
Price Low 24 721 22 301 19 308 20 813 2 532
PER SHARE STATISTICS (cents per share) Price Prd End 29 181 28 455 24 679 23 000 2 916
EPS (ZARc) 28.44 - 306.11 61.76 123.07 65.88
HEPS-C (ZARc) 8.45 - 52.64 39.53 68.87 83.60 RATIOS
DPS (ZARc) - - 97.32 97.10 92.00 Ret on SH Fnd 18.87 - 7.61 - 3.00 - 16.44 13.56
NAV PS (ZARc) 719.74 714.85 1 047.44 1 083.25 1 022.53 Oper Pft Mgn 71.24 84.80 78.24 72.86 - 71.43
3 Yr Beta 2.22 1.87 0.37 0.43 0.67 D:E - - - - 0.14
Price Prd End 415 247 785 1 035 1 066 Current Ratio 0.33 0.50 0.10 - 4.83
Price High 440 844 1 061 1 217 1 175 Div Cover 24.53 - 7.47 - 3.63 - 21.87 24.66
Price Low 194 139 757 966 1 005
RATIOS
RetOnSH Funds 7.38 - 42.78 6.18 11.38 6.32
RetOnTotAss 4.09 6.90 6.41 9.57 8.50
Oper Pft Mgn 59.78 69.16 74.41 75.32 72.97
Debt:Equity 0.89 1.04 0.76 0.64 0.66
OperRetOnInv 5.44 7.43 6.74 7.12 7.78
OpInc:Turnover 50.48 58.44 62.33 64.42 64.62
SH Ret On Inv - - 9.34 9.02 9.05
191