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REDEFINE INTERNATIONAL PLC - Redefine International acquires shares in International Hotel Group Limited

Release Date: 15/10/2015 08:00
Code(s): RPL     PDF:  
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Redefine International acquires shares in International Hotel Group Limited

REDEFINE INTERNATIONAL P.L.C.
(Incorporated in the Isle of Man)
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
ISIN: IM00B8BV8G91
(“Redefine International” or “the Company”)


Redefine International acquires shares in International Hotel Group Limited


Redefine International, the FTSE 250 income focused UK Real Estate Investment Trust (“UK-REIT”), announces that
it is has acquired a 25.35% shareholding in the International Hotel Group Limited (“IHGL”) for c. £3.8million.

IHGL is a hotel and leisure focused property investment company which owns three hotels in the UK and is listed on
the Euro MTF Market of the LuxSE and the AltX of the JSE (JSE share code: IHL).

Commenting, CEO Mike Watters said:

“This investment in IHGL is part of our overall hotel investment strategy, which includes our 25% holding in the
Redefine BDL Hotel Group, the UK’s leading independent hotel management company.

“We expect IHGL to grow into a significant hotel investment vehicle over the medium term and look forward to
superior risk adjusted returns being achieved by its highly rated management team.”

For further information:

Redefine International P.L.C.
Michael Watters, Stephen Oakenfull                                       Tel: +44 (0) 20 7811 0100

FTI Consulting
UK Public Relations Adviser
Dido Laurimore, Claire Turvey, Ellie Sweeney                             Tel: +44 (0) 20 3727 1000

FTI Consulting
SA Public Relations Adviser
Max Gebhardt                                                             Tel: + 27 (0) 11 214 2402

JSE Sponsor
Java Capital                                                             Tel: + 27 (0) 11 722 3050

Redefine International (RDI) is a FTSE 250 income focused UK-REIT with a primary listing on the London Stock
Exchange and a secondary listing on the Johannesburg Stock Exchange.

The Group’s investment portfolio is diversified across the retail, commercial and hotel sectors and in the UK and
Germany with an aggregate value in excess of £1.3 billion.

Redefine International is focused on delivering sustainable and growing income to shareholders through investment in
income yielding assets let to high quality occupiers on long leases. Capital values are enhanced and protected by asset
management and other low capex development activities.

As a UK-REIT, the Group aims to distribute the majority of its earnings available for distribution on a semi-annual
basis, providing investors with attractive income returns as well as exposure to capital growth opportunities.

www.redefineinternational.com

15 October 2015

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