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REDEFINE INTERNATIONAL PLC - Board appointment: Liz Peace appointed as independent non-executive director

Release Date: 21/11/2017 09:00
Code(s): RPL     PDF:  
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Board appointment: Liz Peace appointed as independent non-executive director

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”)


BOARD APPOINTMENT: LIZ PEACE APPOINTED AS INDEPENDENT NON-EXECUTIVE DIRECTOR


Redefine International P.L.C., the FTSE 250 income focused UK REIT, today announces the appointment of
Liz Peace as an independent non-executive director of the Company, with effect from 21 November 2017.

Liz, 65, has over 40 years’ experience working across both the public and private UK real estate sectors.
She spent 13 years as CEO of the British Property Federation, the body that represents the interests of the
commercial property industry in the UK. More recently Liz was appointed to the board of RPS Group Plc,
and has previously been a director of Redrow plc and Morgan Sindall PLC. She also currently acts as
Chairman of the Old Oak and Park Royal Development Corporation, amongst other positions on numerous
public sector and private bodies.

Greg Clarke, Chairman of RDI commented: -

“Liz’s wealth of relevant experience and entrenchment into multiple facets of the real estate sector will
further strengthen the expertise of the RDI Board and we expect her insight to be of considerable benefit to
the Company as it enters an exciting period of growth and transition."

No further details are required to be disclosed under the Listing Rule 9.6.13

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

21 November 2017

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.

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