Edition:
United States

Redefine Properties Ltd (RDFJ.J)

RDFJ.J on Johannesburg Stock Exchange

1,064.07ZAc
16 Jul 2018
Change (% chg)

-11.93 (-1.11%)
Prev Close
1,076.00
Open
1,065.00
Day's High
1,074.00
Day's Low
1,056.00
Volume
10,241,717
Avg. Vol
11,452,331
52-wk High
1,217.00
52-wk Low
966.00

Latest Key Developments (Source: Significant Developments)

Redefine Properties Says •Krych Not Involved In Any Of Day-To-Day Activities Of EPP
Wednesday, 20 Dec 2017 08:28am EST 

Dec 20 (Reuters) - Echo Polska Properties Nv ::"WE ARE GIVEN TO UNDERSTAND THAT INVESTIGATION RELATES TO MR. KRYCH IN HIS PERSONAL CAPACITY AND NOT AS A NON-EXEC DIR OF EPP".KRYCH IS NOT INVOLVED IN ANY OF DAY-TO-DAY ACTIVITIES OF EPP.REDEFINE HAS REQUESTED EPP TO PROCURE MR. KRYCH'S RESIGNATION AS A NON-EXECUTIVE DIRECTOR OF EPP.  Full Article

Redefine Properties says FY ‍property asset platform expanded to 84.1 bln rand
Monday, 6 Nov 2017 12:30am EST 

Nov 6 (Reuters) - REDEFINE PROPERTIES LTD ::‍PROPERTY ASSET PLATFORM EXPANDED BY R11.4 BILLION TO R84.1 BILLION IN FY 2017​.‍DECLARED A DISTRIBUTION OF 47.18 CENTS PER SHARE (FY16: 44.30) FOR SIX MONTHS ENDED 31 AUGUST 2017​.‍OPERATING MARGIN IMPROVED TO 82.7% IN FY 2017​​."‍POLITICAL INSTABILITY, POLICY UNCERTAINTY, AN EVER INCREASING FISCAL DEFICIT AND A VOLATILE RAND WEIGH HEAVILY ON DOMESTIC OUTLOOK"​.ANTICIPATE GROWTH IN DISTRIBUTABLE INCOME PER SHARE FOR 2018 TO RANGE BETWEEN 5.0% TO 6.0%​.FY ‍TOTAL REVENUE OF 7.79 BILLION RAND VERSUS 6.65 BILLION RAND YEAR AGO.  Full Article

Trematon Capital says to buy 7 properties for 614.1 mln rand
Monday, 31 Oct 2016 02:00am EDT 

Trematon Capital Investments Ltd : Acquisition of property portfolio and renewal of cautionary . Deal for an aggregate purchase consideration of 614.1 mln rand . Entered into agreements with Redefine Properties Limited for acquisition of a total of 7 property letting enterprises .Will pay Redefine 514.1 million rand, funded by a bank loan, will obtain vendor loan from Redefine in aggregate amount of 100 mln rand.  Full Article

Pivotal Fund says Redefine Properties LTd to acquire co via scheme
Tuesday, 30 Aug 2016 08:52am EDT 

Pivotal Fund Ltd : Firm intention by Redefine to make an offer to acquire all of issued ordinary shares of Pivotal . Redefine will acquire all of scheme shares in exchange for allotment and issue of 460 million redefine shares . Deal for assumed swap ratio of 1.38537 Redefine shares per scheme share . Pivotal will declare a distribution to scheme participants in an amount equal to market value of Pivotal's 31.2 million epp shares .Sees net asset value growth will be negatively impacted whilst current economic conditions remain difficult.  Full Article

BRIEF-Redefine Properties' Diversified Local Property Assets Valued At 68.6 Bln Rand

* AT 28 FEBRUARY 2018, REDEFINE'S DIVERSIFIED LOCAL PROPERTY ASSETS WERE VALUED AT R68.6 BILLION (FY17: R68.1 BILLION)