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REDEFINE INTERNATIONAL PLC - Notice of results for the year ended 31 August 2017

Release Date: 01/09/2017 08:00
Code(s): RPL     PDF:  
Wrap Text
Notice of results for the year ended 31 August 2017

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”)


NOTICE OF RESULTS FOR THE YEAR ENDED 31 AUGUST 2017


Redefine International, the FTSE 250 income focused UK-REIT, will announce its preliminary
results for the year ended 31 August 2017 on Thursday, 26 October 2017.

There will be a presentation and a live webcast for analysts at 9.00am (UK time), 10.00am
(SA time) on 26 October 2017, which can be accessed via the homepage of the Company’s
website: www.redefineinternational.com.

Conference call dial in numbers

United Kingdom Local:                                      020 3059 8125

South Africa Local:                                        0318 197 008 or 0800 999 282

All other locations:                                       +44 20 3059 8125

Confirmation Code:                                         Redefine

For further information:

Redefine International P.L.C.
Mike 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

Instinctif Partners
SA Public Relations Adviser 
Frederic Cornet, Lizelle du Toit                           Tel: +27 (0) 11 447 3030

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

Note to editors:

About Redefine International

Redefine International is an income focused FTSE 250 UK Real Estate Investment Trust (UK-
REIT) committed to delivering superior distributions to its shareholders throughout the
property cycle.

The Company’s income driven total returns are underpinned by a diversified portfolio, together
with an efficient capital structure. The continued transformation of both the corporate structure
and asset base offer a solid foundation to drive further value. At 28 February 2017, the
diversified portfolio, independently valued at £1.5 billion, is focused in Europe's two strongest
economies, being the United Kingdom and Germany. The portfolio is weighted towards well
located properties across a range of sectors, including retail, offices, distribution and hotels,
which benefit from strong demand and from which they can capture income and value growth
by attracting high calibre occupiers on long leases. The Company’s investment philosophy is
to effectively allocate recycled capital from mature assets into sectors and locations with strong
occupier fundamentals and individual assets with realisable upside.

The secure income stream is supported by a diversified portfolio and tenant base, with a
WAULT of 7.5 years complemented by an average debt maturity of 6.8 years of which over
95% of interest costs are either fixed or capped. The Company is focused on all aspects
impacting shareholder distributions and boasts one of the lowest cost ratios in the industry
whilst continuously driving lower cost of debt.

Redefine International holds a primary listing on the London Stock Exchange and a secondary
listing on the Johannesburg Stock Exchange and is included within the FTSE 250, EPRA and
GPR indices.

For more information on Redefine International, please refer to the Company’s website
www.redefineinternational.com.

1 September 2017

Date: 01/09/2017 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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