Page 166 - Profile's Stock Exchange Handbook - 2026 Issue 2

JSE - RCL Profile’s Stock Exchange Handbook: 2026 - Issue 2
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
FOUNDED: 1999
its Groceries, Baking and Sugar business units. With a clear purpose LISTED: 2000
to grow what matters – by serving people’s needs and creating NATURE OF BUSINESS: Redefine Properties Ltd. is a Real Estate
lasting impact – RCL Foods delivers quality food products that Investment Trust (REIT) with a sectoral and geographically
meet everyday needs and evolving consumer expectations. diversified property asset platform valued at R103.2 billion.
SECTOR: ConsStaples--Food,Beverage&Tobacco--Food Producers--Farmers Redefine’s portfolio is predominately anchored in South Africa
NUMBER OF EMPLOYEES: 9 757 through directly held and managed retail, office and industrial
DIRECTORS: Dingaan G P (ind ne), Kruythoff G C J (ind ne), properties, which is complemented by a strong presence in retail
Msibi D T V (ind ne), Osiris Dr P (ne), Rushton R M (ind ne), Vosloo C (ne), and logistics property assets in Poland.
Zingitwa L (ne), Zondi G C (ind ne), Steyn G M (Chair, ld ind ne), SECTOR: RealEstate--RealEstate--REITS--Diversified
Cruickshank P D (CEO), Field R H (CFO) NUMBER OF EMPLOYEES: 728
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2025 DIRECTORS: Boshard C (ind ne), Dambuza A S P (ind ne),
Remgro Ltd. 79.59% Fernandez C (ind ne), Fifield S (ind ne), Langa-Royds N B (ind ne),
Oasis Asset Management Ltd. 4.07% Radley D (ind ne), Pityana S M (Chair, ind ne), Konig A J (CEO),
Government Employees Pension Fund 3.59% 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
TELEPHONE: 011-283-0000
RCL Ords no par val 2 000 000 000 898 777 488 COMPANY SECRETARY: Anda Matwa
DISTRIBUTIONS [ZARc] TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
Ords no par val Ldt Pay Amt SPONSOR: Java Capital (Pty) Ltd.
Interim No 100 5 May 26 11 May 26 15.00 AUDITORS: PwC Inc.
Final No 99 14 Oct 25 20 Oct 25 40.00 CAPITAL STRUCTURE Authorised Issued
LIQUIDITY: Apr26 Avg 348 753 shares p.w., R3.3m(2.0% 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: Mar26 Avg 70m shares p.w., R370.8m(50.3% p.a.)
REDEFINE 40 Week MA REIV
700
650
600
550
500
FINANCIAL STATISTICS 450
Dec 25 Jun 25 Jun 24 Jun 23 Jun 22 400
(R million)
Interim Final Final Final(rst) Final(rst) 350
Turnover 13 305 26 494 26 017 24 349 32 201 300
Op Inc 828 1 918 1 638 1 027 1 467 2022 2023 2024 2025 2026
NetIntPd(Rcvd) 75 154 143 166 202 FINANCIAL STATISTICS
Minority Int - 63 42 25 - 103 - 36 Aug 25 Aug 24 Aug 23 Aug 22 Aug 21
Att Inc 681 1 609 1 624 616 1 013 (R million) Final Final Final Final(rst) Final
TotCompInc/Loss 618 1 648 1 652 742 916 NetRent/InvInc 5 880 5 637 5 351 4 414 3 924
Fixed Ass 5 035 4 849 4 459 5 945 6 362 Int Recd 958 895 753 579 660
Inv & Loans 137 126 126 162 273 Total Inc 6 872 6 542 6 144 5 044 4 594
Tot Curr Ass 8 147 8 594 7 413 7 523 12 092 Tax 253 69 130 8 849
Ord SH Int 10 648 10 387 13 441 11 877 11 449 Attrib Inc 4 128 3 969 1 447 8 691 2 731
797
TotCompInc/Loss
8 912
5 287
3 736
6 155
Minority Int - - - - 156 - 60 Hline Erngs-CO 2 551 2 233 1 419 5 182 3 905
LT Liab 2 782 2 887 1 243 1 894 3 430 Ord UntHs Int 56 350 52 962 51 939 48 653 39 218
Tot Curr Liab 5 011 5 391 5 982 7 689 9 155 Minority Int 325 273 944 648 140
PER SHARE STATISTICS (cents per share) TotStockHldInt 56 675 53 235 52 882 49 301 39 358
19
42
42
70
70
HEPS-C (ZARc) 75.90 156.30 121.60 92.80 111.50 Investments 87 095 83 089 79 454 74 044 58 252
FixedAss/Prop
DPS (ZARc) 15.00 60.00 35.00 - 45.00 Tot Curr Ass 3 019 2 086 2 434 3 904 2 914
NAV PS (ZARc) 1 185.00 1 157.90 1 509.70 1 316.90 1 280.50 Total Ass 106 323 101 914 99 448 92 406 75 635
3 Yr Beta 0.09 - 0.03 0.19 0.26 0.41 Tot Curr Liab 6 821 4 958 9 062 7 687 5 513
Price High 1 129 1 108 1 309 1 375 1 600 PER SHARE STATISTICS (cents per share)
Price Low 860 805 785 895 881 EPS (ZARc) 59.45 58.79 21.42 141.47 50.28
Price Prd End 1 010 1 045 1 005 1 000 1 030 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 11.61 15.90 12.27 4.38 8.58 NAV PS (ZARc) 816.45 788.00 766.00 720.00 688.64
Oper Pft Mgn 6.22 7.24 6.30 4.22 4.55 3 Yr Beta 0.52 0.64 1.14 2.29 2.25
358
380
460
506
476
Price Prd End
D:E 0.31 0.29 0.22 0.40 0.40 RATIOS
Current Ratio 1.63 1.59 1.24 0.98 1.32
Div Cover 5.06 3.00 5.21 - 2.53 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
164