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REINET INVESTMENTS S.C.A - Consolidated unaudited financial results for the six-month period ended 30 September 2021

Release Date: 17/11/2021 08:00
Code(s): RNI     PDF:  
Wrap Text
Consolidated unaudited financial results for the six-month period ended 30 September 2021

Reinet Investments S.C.A. 
(Incorporated in Luxembourg)
ISIN: LU0383812293
Legal Entity Identifier : 222100830RQTFVV22S80
Code: RNI
('the Company')


The Board of Reinet Investments Manager S.A. announces the results of Reinet Investments S.C.A. for the six-month period ended 30 September 2021.

Key financial data
• Reinet's net asset value of EUR 4.8 billion, reflects a compound growth of 8.4 per cent per annum in euro terms, since March 2009, including dividends paid

• The net asset value at 30 September 2021 reflects a decrease of EUR 602 million or 11.2 per cent from EUR 5 384 million at 31 March 2021

• Net asset value per share at 30 September 2021: EUR 25.95 (31 March 2021: EUR 29.21 (30 September 2020: EUR 24.70))

• New commitments totalling EUR 281 million in respect of new and existing investments were made during the period, and a total of EUR 110 million funded 

• Dividends from British American Tobacco during the period amounted to EUR 35 million
• Borrowings repaid during the period, significantly reducing the level of debt

• Reinet dividend of some EUR 46 million, or EUR 0.25 per share, paid during the period

This short form announcement is published under the responsibility of the Board of Reinet Investments Manager S.A. and is a summary of the information in the detailed management statement for the six-month period ended 30 September 2021 available on and on the Company's website This announcement does not contain full details and should not be used as a basis for any investment decision in relation to the Company's shares. The full announcement is available for inspection, at no charge, at the Company's registered office (35, boulevard Prince Henri, L-1724 Luxembourg) and the office of the sponsor during standard office hours. 

The financial data disclosed above relates to Reinet Investments S.C.A. and/or its shares:

JSE share code: RNI             ISIN: LU0383812293
Rand Merchant Bank (A division of FirstRand Bank Limited)
Cnr Fredman Drive and Rivonia Road, Sandton, 2196 
Telephone: (011) 282 4613 Telefax: (011) 282 4184
17 November 2021

The Company is a partnership limited by shares incorporated in the Grand Duchy of Luxembourg and having its registered office at 35, boulevard Prince Henri, L-1724 Luxembourg. It is governed by the Luxembourg law on securitisation and in this capacity allows its shareholders to participate indirectly in the portfolio of assets held by its wholly-owned subsidiary Reinet Fund S.C.A., F.I.S. ('Reinet Fund'), a specialised investment fund also incorporated in Luxembourg. The Company's ordinary shares are listed on the Luxembourg Stock Exchange, Euronext Amsterdam and the Johannesburg Stock Exchange, the listing on the Johannesburg Stock Exchange is a secondary listing. The Company's ordinary shares are included in the 'LuxX' index of the principal shares traded on the Luxembourg Stock Exchange. The Company and Reinet Fund together with Reinet Fund's subsidiaries are referred to as 'Reinet'.

Reinet Investments S.C.A.
R.C.S. Luxembourg B 16.576
Legal Entity Identifier : 222100830RQTFVV22S80
Registered office: 35, Blvd Prince Henri, L-1724 Luxembourg, Telephone + 352 22 42 10, Telefax +352 22 72 53
Email:, website:

Date: 17-11-2021 08:00:00
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