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Notice of Half Year Results

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By LSE RNS

RNS Number : 1029Y
Redefine International PLC
01 March 2017
 

REDEFINE INTERNATIONAL P.L.C.

("Redefine International" or the "Company")

(Registered number 010534V)

LSE share code: RDI

JSE share code: RPL

ISIN: IM00B8BV8G91

 

NOTICE OF RESULTS FOR THE SIX MONTHS ENDED 28 FEBRUARY 2017

 

 

Redefine International, the FTSE 250 income focused UK-REIT, will announce its results for the six months ended 28 February 2017 on Wednesday 26 April 2017.

 

There will be a presentation and a live webcast for analysts at 9.00am (UK time), 10.00am (SA time) on 26 April 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

 

All other locations: +44 20 3059 8125

 

Confirmation Code: Redefine

 

For further information:

Redefine International P.L.C.

Mike Watters, Stephen Oakenfull, Janine Ackermann

 

 

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 31 August 2016, 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 7.8 years complemented by an average debt maturity of 6.9 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.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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