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RDI REIT PLC - Changes to the board

Release Date: 13/07/2020 16:05
Code(s): RPL     PDF:  
Wrap Text
Changes to the board

RDI REIT P.L.C.
(“RDI” or the “Company”)
(Incorporated in the Isle of Man)
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
ISIN: IM00BH3JLY32
LEI: 2138006NHZUMMRYQ1745


CHANGES TO THE BOARD


RDI, the income focused UK Real Estate Investment Trust (“UK-REIT”), announces the resignation of Pieter
Prinsloo, and his alternate Andrew Konig, as Directors of the Board with immediate effect. This follows the sale
by Redefine Properties Limited of its 29.42% shareholding in RDI on 10 July 2020.

The Nominations Committee is currently considering replacement director(s) and an announcement will be made
in due course.

13 July 2020

For further information:

RDI REIT 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
rdireit@fticonsulting.com
Instinctif Partners
SA Public Relations Adviser
Frederic Cornet                                                Tel: +27 (0) 11 447 3030
RDI@instinctif.com
JSE Sponsor
Java Capital                                                   Tel: +27 (0) 11 722 3050

Note to editors:

About RDI

RDI is an income focused UK-REIT with a diversified portfolio invested principally in the UK. The investment
approach is driven by an in depth understanding of occupational demand including the impact of technology,
transport and infrastructure investment. The portfolio has been repositioned in recent years to increase its
weighting to London and the South East and to provide greater exposure to our leading hotel and serviced office
operating platforms.

RDI is committed to delivering attractive income led total returns across the real estate cycle. The current
strategic objectives of a lower leverage capital structure and more focused allocation of capital are targeted at
delivering an industry leading and sustainable income return.

RDI is a UK Real Estate Investment Trust (UK-REIT) and holds a primary listing on the London Stock
Exchange and a secondary listing on the JSE. The Company is included within the EPRA, GPR, JSE All
Property and JSE Tradeable Property indices.

For more information on RDI, please refer to the Company's website www.rdireit.com

Date: 13-07-2020 04:05:00
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