Page 195 - Profile's Stock Exchange Handbook 2022 Issue 1

Profile’s Stock Exchange Handbook: 2022 – Issue 1 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
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: At the same time as it changed its legal status, Richemont SA redeemed its
Redefine is a South African-based ordinary capital, which was held exclusively by Compagnie Financière
Real Estate Investment Trust (REIT), with a sectoral and geographically Richemont SA ("CFR"), by way of the distribution to CFR of its entire
diversified property asset platform valued at R72.9 billion (FY20: R81.0 luxury goods interests. In consequence, CFR became a specifically focused
billion). Redefine’s portfolio is predominately anchored in local directly held luxury goods company and Reinet was established as an investment
retail, office and industrial properties, which is complemented by retail and vehicle, theprincipalassetofwhich wastheformerRichemont’sinterestin
logistics property assets in Poland. 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),
Langa-RoydsNB(ind ne), Matthews B (ld ind ne), Radley D (ind ne), DIRECTORS: GrieveJA(ne, UK), Malherbe J (ne), Rupert J P (Chair),
SenneloLJ(ind ne), Pityana S M (Chair, ind ne), Konig A J (CEO), van Zyl W H (CEO)
Kok L C (COO), Nyawo N G (CFO) MAJOR ORDINARY SHAREHOLDERS as at 28 Dec 2021
MAJOR ORDINARY SHAREHOLDERS as at 31 Aug 2021 Anton Rupert Trust 24.93%
Government Employees Pension Fund 13.56% Public Investment Corporation 15.02%
Ninety One Group 8.01% Allan Gray Unit Trust Management (RF) (Pty) Ltd. 4.97%
Sesfikile Capital (Pty) Ltd. 6.25% POSTAL ADDRESS: 35, Boulevard Prince Henri, L-1724 Luxembourg,
POSTAL ADDRESS:PostNetSuite264, PrivateBagX31,Saxonwold,2132 Grand Duchy of Luxembourg
EMAIL: investorenquiries@redefine.co.za MORE INFO: www.sharedata.co.za/sdo/jse/RNI
WEBSITE: www.redefine.co.za
TELEPHONE: 011-283-0000 COMPANY SECRETARY: S H Grundmann
COMPANY SECRETARY: Ms Anda Matwa TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.)
SPONSOR: Java Capital AUDITORS: PwC Sàrl
AUDITORS: PwC Inc. CAPITAL STRUCTURE AUTHORISED ISSUED
CAPITAL STRUCTURE AUTHORISED ISSUED RNI Ords no par value - 195 941 286
RDF Ords no par 10 000 000 000 5 793 183 207
DISTRIBUTIONS [EURc]
DISTRIBUTIONS [ZARc] Dep Receipts Ldt Pay Amt
Ords no par Ldt Pay Amt Final No 4 5 Sep 17 15 Sep 17 1.65
Final No 62 30 Nov 21 6 Dec 21 60.12 Final No 3 6 Sep 16 16 Sep 16 1.61
Final No 61 19 Nov 19 25 Nov 19 48.13
LIQUIDITY: Jan22 Avg 2m shares p.w., R456.7m(43.1% p.a.)
LIQUIDITY: Nov21 Avg 75m shares p.w., R294.2m(67.5% p.a.)
GENF 40 Week MA REINET
REIV 40 Week MA REDEFINE
1229
30924
1022
27216
814
23508
607
19800
399
16093
2018 | 2019 | 2020 | 2021
192
2016 | 2017 | 2018 | 2019 | 2020 | 2021
FINANCIAL STATISTICS
FINANCIAL STATISTICS (EUR million) Sep 21 Mar 21 Mar 20 Mar 19 Mar 18
(R million) Aug 21 Aug 20 Aug 19 Aug 18 Aug 17 Interim Final Final Final Final
Final Final(rst) Final(rst) Final Final(rst) Turnover - 153 329 239 210
NetRent/InvInc 3 924 4 964 5 480 5 438 5 037 Op Inc 153 109 279 187 153
Int Recd 660 942 1 062 920 650 NetIntPd(Rcvd) - 2 - 13 - 17 - 22 - 42
Total Inc 4 594 5 946 6 542 6 358 5 687 Att Inc - 556 1 016 - 335 - 145 - 843
Tax 849 - 13 43 533 240 Fixed Ass 4 783 5 386 4 404 4 875 5 129
Attrib Inc 2 731 - 16 628 3 342 6 575 3 329 Tot Curr Ass 1 1 1 5 -
TotCompIncLoss 797 - 14 988 3 519 8 086 1 941
Hline Erngs-CO 3 905 - 2 946 2 139 3 679 4 211 Ord SH Int 4 782 2 5 384 3 4 403 2 4 830 5 127 2
50
Tot Curr Liab
Ord UntHs Int 39 218 38 283 55 960 57 677 53 436
Minority Int 140 548 609 472 350 PER SHARE STATISTICS (cents per share)
TotStockHldInt 39 358 38 831 56 569 58 149 53 786 HEPS-C (ZARc) - 5 176.00 10 494.00 - 2 942.00 - 1 177.00 - 6 531.00
Investments 70 70 937 1 936 1 454 DPS (ZARc) - 430.40 394.06 323.81 298.61
FixedAss/Prop 58 252 63 523 78 836 74 469 63 274 NAV PS (ZARc) 45 247.00 50 628.00 47 073.00 41 146.00 38 166.00
Tot Curr Ass 5 663 7 327 3 321 2 850 3 881 Price High 30 483 33 474 34 800 29 083 29 972
Total Ass 75 635 82 170 102 743 98 693 91 493 Price Low 26 118 24 721 22 301 19 308 20 813
Tot Curr Liab 5 513 4 307 6 939 5 030 8 654 Price Prd End 28 312 29 181 28 455 24 679 23 000
PER SHARE STATISTICS (cents per share) RATIOS
EPS (ZARc) 50.28 - 306.11 61.76 123.07 65.88 Ret on SH Fnd - 23.25 18.87 - 7.61 - 3.00 - 16.44
HEPS-C (ZARc) 71.88 - 54.24 39.53 68.87 83.60 Oper Pft Mgn - 71.24 84.80 78.24 72.86
DPS (ZARc) 60.12 - 97.32 97.10 92.00 Current Ratio 0.50 0.33 0.50 0.10 -
NAV PS (ZARc) 733.24 714.85 1 047.44 1 083.25 1 022.53 Div Cover - 24.38 - 7.47 - 3.63 - 21.87
3 Yr Beta 2.25 1.88 0.37 0.43 0.67
Price Prd End 460 247 785 1 035 1 066
Price High 467 844 1 061 1 217 1 175
Price Low 194 139 757 966 1 005
RATIOS
RetOnSH Funds 6.66 - 42.78 6.18 11.38 6.32
RetOnTotAss 6.44 6.74 6.41 9.57 8.50
Oper Pft Mgn 64.18 70.31 74.41 75.32 72.97
Debt:Equity 0.83 1.04 0.76 0.64 0.66
OperRetOnInv 6.73 7.43 6.74 7.12 7.78
OpInc:Turnover 54.82 58.70 62.33 64.42 64.62
SH Ret On Inv 8.30 - 9.34 9.02 9.05
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