REINET INVESTMENTS S.C.A - Consolidated unaudited financial results for the six-month period ended 30 September 2024

Consolidated unaudited financial results for the six-month period ended 30 September 2024

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

CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE SIX-MONTH PERIOD ENDED 30 SEPTEMBER 2024

The Board of Directors of Reinet Investments Manager S.A. announces the results of Reinet Investments S.C.A. for the six-month period ended 30 September 2024.

Key financial data

- Reinet's net asset value of EUR 6.6 billion reflects a compound growth rate of 9.0 per cent per annum in euro terms, since March 2009, including dividends paid 

- The net asset value at 30 September 2024 reflects an increase of EUR 407 million or 6.6 per cent from EUR 6 184 million at 31 March 2024

- Net asset value per share at 30 September 2024: EUR 36.25 (31 March 2024: EUR 34.02, 30 September 2023: EUR 30.89) 

- Commitments totalling EUR 96 million were funded during the period, no significant new commitments were made

- Dividends from British American Tobacco p.l.c. during the period amounted to EUR 68 million 

- Ordinary and special dividends from Pension Insurance Corporation Group Limited during the period amounted to EUR 235 million

- Reinet dividend of EUR 0.35 per share, amounting to some EUR 64 million (excluding treasury shares), 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 2024 available on https://senspdf.jse.co.za/documents/2024/JSE/ISSE/RNIE/RMS30Sep24.pdf and on the Company's website www.reinet.com/investor-relations/company-announcements.html. 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
Sponsor
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
20 November 2024

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: info@reinet.com, website: www.reinet.com 


Date: 20-11-2024 08:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.