Page 168 - Profile's Stock Exchange Handbook - 2026 Issue 1

JSE - RCL Profile’s Stock Exchange Handbook: 2026 - Issue 1
RCL Foods Ltd. Redefine Properties Ltd.
ISIN: ZAE000179438 SHORT: RCL CODE: RCL ISIN: ZAE000190252
REG NO: 1966/004972/06 FOUNDED: 1891 LISTED: 1989 SHORT: REDEFINE
NATURE OF BUSINESS: RCL Foods is a leading South African food CODE: RDF
manufacturer with a diverse portfolio of well-loved brands across REG NO: 1999/018591/06
its Groceries, Baking and Sugar business units. With a clear purpose FOUNDED: 1999
to grow what matters – by serving people’s needs and creating LISTED: 2000
lasting impact – RCL Foods delivers quality food products that NATURE OF BUSINESS: Redefine Properties Ltd. is a Real Estate
meet everyday needs and evolving consumer expectations. Investment Trust (REIT) with a sectoral and geographically
SECTOR: ConsStaples--Food,Beverage&Tobacco--Food Producers--Farmers diversified property asset platform valued at R103.2 billion.
NUMBER OF EMPLOYEES: 9 757 Redefine’s portfolio is predominately anchored in South Africa
DIRECTORS: Dingaan G P (ind ne), Kruythoff G C J (ind ne), through directly held and managed retail, office and industrial
Msibi D T V (ind ne), Osiris Dr P (ne), Rushton R M (ind ne), Vosloo C (ne), properties, which is complemented by a strong presence in retail
Zingitwa L (ne), Zondi G C (ind ne), Steyn G M (Chair, ld ind ne), and logistics property assets in Poland.
Cruickshank P D (CEO), Field R H (CFO) SECTOR: RealEstate--RealEstate--REITS--Diversified
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2025 NUMBER OF EMPLOYEES: 728
Remgro Ltd. 79.59% DIRECTORS: Boshard C (ind ne), Dambuza A S P (ind ne),
Oasis Asset Management Ltd. 4.07% Fernandez C (ind ne), Fifield S (ind ne), Langa-Royds N B (ind ne),
Government Employees Pension Fund 3.59% Radley D (ind ne), Sennelo L J (ind ne), Pityana S M (Chair, ind ne),
Konig A J (CEO), Kok L C (COO), Nyawo N G (CFO)
POSTAL ADDRESS: PO Box 2734, Westway Office Park, 3635 MAJOR ORDINARY SHAREHOLDERS as at 31 Aug 2025
MORE INFO: www.sharedata.co.za/sdo/jse/RCL Government Employees Pension Fund 21.87%
COMPANY SECRETARY: Lauren Kelso Eskom Pension and Provident Fund 4.44%
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. The Vanguard Group Inc. 3.93%
SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.) POSTAL ADDRESS: PostNet Suite 264, Private Bag X31, Saxonwold, 2132
AUDITORS: Ernst & Young Inc. EMAIL: investorenquiries@redefine.co.za
CAPITAL STRUCTURE Authorised Issued WEBSITE: www.redefine.co.za
RCL Ords no par val 2 000 000 000 898 533 244 TELEPHONE: 011-283-0000
DISTRIBUTIONS [ZARc] COMPANY SECRETARY: Anda Matwa
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
Ords no par val Ldt Pay Amt SPONSOR: Java Capital (Pty) Ltd.
Final No 99 14 Oct 25 20 Oct 25 40.00 AUDITORS: PwC Inc.
Interim No 98 6 May 25 12 May 25 20.00 CAPITAL STRUCTURE Authorised Issued
LIQUIDITY: Jan26 Avg 372 270 shares p.w., R3.6m(2.2% p.a.) RDF Ords no par val 10 000 000 000 7 202 600 656
DISTRIBUTIONS [ZARc]
Ords no par val Ldt Pay Amt
Final No 70 18 Nov 25 24 Nov 25 25.42
Interim No 69 27 May 25 2 Jun 25 20.42
LIQUIDITY: Dec25 Avg 63m shares p.w., R295.3m(45.1% p.a.)
REDEFINE 40 Week MA REIV
650
600
550
500
450
FINANCIAL STATISTICS 400
Jun 25 Jun 24 Jun 23 Jun 22 Jun 21
(R million) 350
Final Final Final(rst) Final(rst) Final 300
Turnover 26 494 26 017 24 349 32 201 31 688 250
Op Inc 1 918 1 638 1 027 1 467 1 477 2021 2022 2023 2024 2025
NetIntPd(Rcvd) 154 143 166 202 289
Minority Int 42 25 - 103 - 36 3 FINANCIAL STATISTICS
Att Inc 1 609 1 624 616 1 013 993 (R million) Aug 25 Aug 24 Aug 23 Aug 22 Aug 21
TotCompInc/Loss 1 648 1 652 742 916 984 NetRent/InvInc Final Final Final Final(rst) Final
5 880
3 924
5 637
5 351
4 414
Fixed Ass 4 849 4 459 5 945 6 362 5 560 Int Recd 958 895 753 579 660
Inv & Loans 126 126 162 273 264 Total Inc 6 872 6 542 6 144 5 044 4 594
Tot Curr Ass 8 594 7 413 7 523 12 092 10 546 Tax 253 69 130 8 849
Ord SH Int 10 387 13 441 11 877 11 449 10 730 Attrib Inc 4 128 3 969 1 447 8 691 2 731
Minority Int - - - 156 - 60 - 36 TotCompInc/Loss 5 287 3 736 6 155 8 912 797
3 905
2 551
2 233
1 419
5 182
LT Liab 2 887 1 243 1 894 3 430 4 684 Hline Erngs-CO 56 350 52 962 51 939 48 653 39 218
Ord UntHs Int
Tot Curr Liab 5 391 5 982 7 689 9 155 7 030 Minority Int 325 273 944 648 140
PER SHARE STATISTICS (cents per share) TotStockHldInt 56 675 53 235 52 882 49 301 39 358
HEPS-C (ZARc) 156.30 121.60 92.80 111.50 107.90 Investments 42 42 19 70 70
DPS (ZARc) 60.00 35.00 - 45.00 45.00 FixedAss/Prop 87 095 83 089 79 454 74 044 58 252
NAV PS (ZARc) 1 157.90 1 509.70 1 316.90 1 280.50 1 203.90 Tot Curr Ass 3 019 2 086 2 434 3 904 2 914
3 Yr Beta 0.02 0.19 0.26 0.41 0.17 Total Ass 106 323 101 914 99 448 92 406 75 635
5 513
7 687
9 062
4 958
6 821
Tot Curr Liab
Price High 1 108 1 309 1 375 1 600 1 099 PER SHARE STATISTICS (cents per share)
Price Low 805 785 895 881 562 EPS (ZARc) 59.45 58.79 21.42 141.47 50.28
Price Prd End 1 100 1 005 1 000 1 030 970 HEPS-C (ZARc) 36.74 33.06 21.01 84.35 71.88
RATIOS DPS (ZARc) 45.84 42.52 43.80 42.97 60.12
Ret on SH Fnd 15.90 12.27 4.38 8.58 9.31 NAV PS (ZARc) 816.45 788.00 766.00 720.00 688.64
Oper Pft Mgn 7.24 6.30 4.22 4.55 4.66 3 Yr Beta 0.52 0.64 1.14 2.29 2.25
D:E 0.28 0.22 0.40 0.40 0.50 Price Prd End 506 476 358 380 460
Current Ratio 1.59 1.24 0.98 1.32 1.50 RATIOS
Div Cover 3.00 5.21 - 2.53 2.48 RetOnSH Funds 7.36 7.52 2.76 17.65 6.66
RetOnTotAss 6.53 6.29 6.70 7.65 6.44
Oper Pft Mgn 62.43 61.39 62.00 61.19 64.18
Debt:Equity 0.79 0.82 0.78 0.77 0.83
OperRetOnInv 6.75 6.78 6.73 5.96 6.73
OpInc:Turnover 53.41 52.90 54.00 53.54 54.82
SH Ret On Inv 5.83 5.63 5.84 5.89 8.30
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