Wrap Text
Change of name
REDEFINE INTERNATIONAL P.L.C.
(Incorporated in the Isle of Man)
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
LEI: 2138006NHZUMMRYQ1745
ISIN: IM00B8BV8G91
(“RDI” or “the Company”)
CHANGE OF NAME
Redefine International P.L.C. is pleased to announce that, on 1 December 2017, it will be changing its name
and rebranding to RDI REIT P.L.C., short for Real Estate Diversified Income REIT. The abbreviated name
of the Company will change to RDI. The new brand is synonymous with our intention to become the UK’s
leading income focused REIT delivering superior, sustainable and growing income for our shareholders which
is supported by a diversified portfolio and tenant base.
The change of name, and the new website address of www.rdireit.com will take effect from 8:00am (GMT)
on Friday, 1 December 2017.
Trading on the London Stock Exchange in the Company's shares will commence under the new name of RDI
REIT P.L.C. on Monday, 4 December 2017. The TIDM code of RDI will remain unchanged as will the ISIN
and SEDOL.
The JSE share code of RPL will remain the same, and the salient dates and times in respect of the name change
on the JSE will be as follows:
2017
Last day to trade in existing shares on the JSE prior to the change of name Tuesday, 28 November
Trading in the new name of RDI REIT P.L.C., and abbreviated name ‘RDI’,
on the JSE commences on Wednesday, 29 November
Change of name record date Friday, 1 December
CSDP and broker accounts of dematerialised shareholders are expected to be
updated on Monday, 4 December
Notes:
1. Share certificates in the name of Redefine International P.L.C. may not be dematerialised or
rematerialised after Tuesday, 28 November 2017.
All current Redefine International P.L.C. share certificates, will remain valid, and will not be replaced with
share certificates in the new name until required.
Mike Watters, CEO of RDI commented:
“Following a decade listed on the UK main market, we look forward to the next decade with a fresh new brand
and a re-focus of our strategic priorities to support our intention to become the UK’s leading income focused
REIT. With the new name and brand we aim to establish a clear, independent identity, whilst maintaining
some continuity by keeping reference to our UK RDI ticker. Alongside the new name we are also pleased to
announce that we are relocating our London head office to 33 Regent Street, London, SW1Y 4NE on Friday,
8 December 2017.”
For further information:
RDI
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 RDI
RDI is a FTSE 250 UK Real Estate Investment Trust (UK-REIT) committed to becoming the UK’s leading
income focused REIT. The Company's income-led business model and strategic priorities are designed to offer
shareholders superior, sustainable and growing income returns, with a target growth in underlying earnings
per share of 3%-5% across the medium term.
Income sustainability is underpinned by a diversified portfolio and tenant base, with no overreliance on any
one sector or tenant, together with an efficient capital structure. The secure and growing income stream is
39% indexed and has a WAULT of 7.4 years to first break (8.5 years to expiry). This is complemented by an
average debt maturity of 7.3 years of which over 90% of interest costs are either fixed or capped. The Company
is focused on all aspects impacting shareholder distributions and reports one of the lowest cost ratios in the
industry whilst maintaining a low cost of debt. All figures as at 31 August 2017.
The Company owns properties independently valued at £1.5bn in the United Kingdom and Germany, Europe’s
two largest and most transparent property markets. RDI invests in assets with strong property fundamentals
spread across UK shopping centres, UK retail parks, UK offices, UK logistics, UK hotels and German retail.
RDI 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 RDI, please refer to the Company’s website www.redefineinternational.com.
14 November 2017
Date: 14/11/2017 12:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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