REG - Grit Real Estate Inc - Availability of Half Year Results

NufarmAnnouncement

14/02/2019 08:05

RNS Number : 9526P
Grit Real Estate Income Group
14 February 2019
 





GRIT REAL ESTATE INCOME GROUP LIMITED
(Registered by continuation in the Republic of Mauritius)
(Registration number: C128881 C1/GBL)
LSE share code: GR1T
SEM share code: DEL.N0000
JSE share code: GTR
ISIN: MU0473N00036
("Grit" or the "Company")








 




AVAILABILITY OF THE HALF YEAR ABRIDGED UNAUDITED RESULTS FOR THE SIX MONTHS ENDED
31 DECEMBER 2018 




 
The Board of Directors of the Company wishes to inform the shareholders of Grit and the general public that the half year abridged unaudited results for the six months ended 31 December 2018 have been published and can be viewed on the Company's website (http://grit.group/financial-results/).

 
By Order of the Board
 
14 February 2019
 
FOR FURTHER INFORMATION, PLEASE CONTACT:



Grit Real Estate Income Group Limited








Bronwyn Corbett, Chief Executive Officer


+230 269 7090




Darren Veenhuis, Head of Investor Relations      


+44 779 512 3402




Morne Reinders, Investor Relations


+27 82 480 4541














Maitland/AMO - Communications Adviser








James Benjamin


+44 20 7379 5151




Vikki Kosmalska


Grit-maitland@maitland.co.uk




Jason Ochere


















finnCap Ltd - UK Financial Adviser








William Marle / Scott Mathieson / Matthew Radley (Corporate Finance)


+44 20 7220 5000




Mark Whitfeld (Sales)


+44 20 3772 4697




Monica Tepes (Research)


+44 20 3772 4698














Perigeum Capital Ltd - SEM Authorised Representative and Sponsor








Shamin A. Sookia


+230 402 0894




Kesaven Moothoosamy


+230 402 0898














PSG Capital - JSE Sponsor and Corporate Adviser








David Tosi


+27 21 887 9602



 
The Company's LEI is: 21380084LCGHJRS8CN05
 
NOTES:
Grit Real Estate Income Group Limited is a leading pan-African real estate company focused on investing in and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). These high quality assets are underpinned by predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip multi-national tenant covenants across a diverse range of robust property sectors.


The Company is committed to delivering strong and sustainable income for shareholders, with the potential for income and capital growth. The Company is targeting an annual dividend yield in USD of 8%+ and a net total shareholder return inclusive of NAV growth of 12.0%+ p.a.*
 
Grit is listed on the London Stock Exchange main market (LSE: GR1T), the Johannesburg Stock Exchange main board (JSE: GTR) and the Stock Exchange of Mauritius Ltd official market (SEM: DEL.N0000).
 
Further information on the Company is available at http://grit.group/   
*These are targets only and not a profit forecast and there can be no assurance that they will be met.
 
Directors:
Peter Todd+ (Chairman), Bronwyn Corbett (Chief Executive Officer)*, Leon van de Moortele (Chief Financial Officer)*, Ian Macleod+, Matshepo More, Nomzamo Radebe, Catherine McIlraith+, David Love+ and Bright Laaka (Permanent Alternate Director to Nomzano Radebe).
(* Executive Director) (+ independent Non-Executive Director)
 
Company secretary: Intercontinental Fund Services Limited
Registered address: c/o Intercontinental Fund Services Limited, Level 5, Alexander House, 35 Cybercity, Ebène 72201, Mauritius
Transfer secretary (South Africa): Computershare Investor Services Proprietary Limited
Registrar and transfer agent (Mauritius): Intercontinental Secretarial Services Limited
JSE sponsor: PSG Capital Proprietary Limited 
Sponsoring broker: Axys Stockbroking Limited
SEM authorised representative and sponsor: Perigeum Capital Ltd
 


This notice is issued pursuant to the LSE Listing Rules, JSE Listings Requirements, SEM Listing Rules 11.3 and 12.19 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007. The board of directors of the Company accepts full responsibility for the accuracy of the information contained in this communiqué.




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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