RESILIENT REIT LIMITED - Trading statement and publication of the interim results for the six months ended December 2020

Trading statement and publication of the interim results for the six months ended December 2020

RESILIENT REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/016851/06)
JSE share code: RES ISIN: ZAE000209557
Bond company code: BIRPIF
(Approved as a REIT by the JSE)
(“Resilient” or the “Company”)


TRADING STATEMENT AND PUBLICATION OF THE INTERIM RESULTS FOR THE SIX MONTHS ENDED DECEMBER 2020


TRADING STATEMENT

In terms of the JSE Listings Requirements, Resilient is required to publish a trading statement as soon as it is satisfied
that a reasonable degree of certainty exists that the distribution per share for the period to be reported on next will
differ by at least 15% from the distribution per share for the previous corresponding period. Resilient’s distribution per
share for the six months ended December 2019 was 267,96 cents.

Trading conditions in Resilient’s South African portfolio continued to improve. Retail sales for the six months ended
December 2020 (“interim period”) declined by 1,6% against the previous comparable period. During the interim
period, 95% of rental and recoveries billed (before discounts) were collected.

On 25 February 2021, NEPI Rockcastle plc (“NEPI”) declared a cash distribution of 16,88 Euro cents per share for
the second half of 2020. Resilient anticipates that the distributable earnings from its operations for the interim period,
together with the NEPI distribution, will contribute approximately 170 cents per share to its interim period distribution
(“interim distribution”).

As indicated in its announcement of 10 November 2020, Lighthouse Capital Limited (“Lighthouse”) intends to declare
a distribution (“Lighthouse distribution”) for the nine months to December 2020. Once this has been confirmed,
Resilient will be able to quantify its interim distribution which will include the full Lighthouse distribution. Resilient’s
interim distribution will be settled in cash.

The financial results on which this trading statement is based have not been reviewed or reported on by Resilient’s
external auditors.

PUBLICATION OF INTERIM RESULTS

Following the release of Lighthouse’s provisional audited results for the 15 months ended December 2020 on or about
Thursday, 18 March 2021, Resilient expects to release its interim results for the six months ended December 2020 on
or about Tuesday, 23 March 2021.


8 March 2021


Sponsor
Java Capital


Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 08-03-2021 02:55:00
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