Page 126 - Profile's Stock Exchange Handbook - 2025 Issue 3

JSE - HER Profile’s Stock Exchange Handbook: 2025 - Issue 3

Heriot REIT Ltd.

ISIN: ZAE000246740 SHORT: HERIOT CODE: HET
REG NO: 2017/167697/06 FOUNDED: 1998 LISTED: 2017
NATURE OF BUSINESS: Heriot is a property holding and investment
company that is listed in the “Diversified REITs” sector on the
Alternative Exchange of the JSE. The Group is primarily invested in
retail and industrial properties situated in areas with high growth
potential and has a strategic interest of 59.2% in Safari Investments
RSA Ltd. (“Safari”). Pursuant to its investment strategy, Heriot
acquired Thibault REIT Ltd. (“Thibault”) in the current reporting
period.
SECTOR: RealEstate--RealEstate--REITS--Retail
NUMBER OF EMPLOYEES: 0
DIRECTORS: Heron G J (ne), Lockhart-Ross R (ind ne), Mazwai A (ne),
Herring R L (CEO), Snoyman D (CFO), Herring S B (Chair, ne, UK),
Blieden S J (ld ind ne)
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024
S Herring 89.07%
R Herring 4.60%
POSTAL ADDRESS: PO Box 652737, Benmore, 2010
MORE INFO: www.sharedata.co.za/sdo/jse/HET
COMPANY SECRETARY: CIS Company Secretaries (Pty) Ltd.
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Valeo Capital (Pty) Ltd.
AUDITORS: BDO South Africa Inc.
CAPITAL STRUCTURE Authorised Issued
HET Ords no par value 2 000 000 000 320 161 982
DISTRIBUTIONS [ZARc]
Ords no par val Ldt Pay Amt
Interim No 15 14 Apr 25 22 Apr 25 56.84
Final No 14 15 Oct 24 21 Oct 24 56.81
LIQUIDITY: Jul25 Avg 2 shares p.w., R30.8(-% p.a.)
HERIOT 40 Week MA REIV
1600
1500
1400
1300
1200
1100
1000
900
800
2021 2022 2023 2024 2025
FINANCIAL STATISTICS
Dec 24 Jun 24 Jun 23 Jun 22 Jun 21
(R ’000)
Interim Final Final Final Final
NetRent/InvInc 500 524 861 004 423 924 383 366 349 519
Total Inc 520 263 897 298 447 138 410 724 369 732
Attrib Inc 629 840 664 734 964 022 609 579 313 027
TotCompIncLoss 720 443 869 093 977 410 614 225 322 398
Ord UntHs Int 6 121 806 5 673 349 3 953 591 3 279 093 2 918 016
FixedAss/Prop 11 923 142 11 493 038 9 014 296 5 111 140 4 667 686
Tot Curr Ass 248 403 185 167 124 427 217 821 195 611
Total Ass 12 980 767 12 173 778 9 497 503 5 696 629 4 948 137
Tot Curr Liab 502 960 398 575 887 090 344 236 522 575
PER SHARE STATISTICS (cents per share)
HEPLU-C (ZARc) 51.86 101.03 90.62 100.06 87.35
DPLU (ZARc) 56.84 106.69 106.33 102.05 90.72
NAV (ZARc) 1 896.21 1 752.75 1 471.57 1 206.19 1 142.55
3 Yr Beta - 0.04 - 0.05 - - 0.01 - 0.01
Price Prd End 1 600 1 500 1 150 1 150 1 150
Price High 1 600 1 500 1 150 1 150 1 150
Price Low 1 500 1 150 1 150 1 100 1 010
RATIOS
RetOnSH Funds 19.73 12.82 18.43 18.49 10.88
RetOnTotAss 8.02 7.37 4.71 7.89 7.43
Debt:Equity 0.73 0.75 0.72 0.67 0.62
OperRetOnInv 8.40 7.49 4.70 7.50 7.49
OpInc:Turnover 59.83 62.15 67.72 66.56 69.33
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