30 Apr 2015 07:00
REDEFINE INTERNATIONAL P.L.C.
("Redefine International" or the "Company")
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
ISIN: IM00B8BV8G91
REDEFINE INTERNATIONAL APPOINTS NEW CHIEF FINANCIAL OFFICER
Redefine International, the FTSE 250 UK Real Estate Investment Trust ("UK-REIT"), today announces the appointment of Donald Grant as the Company's new Chief Financial Officer, following the announcement last year that Andrew Rowell intended to resign. Donald is expected to join the Company on 3 August 2015.
Donald, 41, joins Redefine International from fellow FTSE 250 constituent Capital & Counties Properties PLC, where he has been the financial controller for the last six years. He is a qualified Chartered Accountant and has 17 years' prior experience of working within various banking and broking institutions.
Commenting on the appointment, Greg Clarke, Chairman of Redefine International, said:
"Donald will bring a wealth of relevant experience to Redefine International, coming from a strong real estate background and having had a long career within the financial industry in global organisations. We look forward to working with him to support the ongoing growth and success of the business."
No further details are required to be disclosed under LSE Listing Rule 9.6.13.
For further information:
Redefine International P.L.C. | |
Michael Watters, Stephen Oakenfull | Tel: +44 (0) 20 7811 0100 |
FTI Consulting | |
UK Public Relations Adviser | |
Dido Laurimore, Claire Turvey, Ellie Sweeney | Tel: +44 (0) 20 3727 1000 |
FTI Consulting | |
SA Public Relations Adviser | |
Max Gebhardt | Tel: + 27 (0) 11 214 2402 |
JSE Sponsor | |
Java Capital | Tel: + 27 (0) 11 722 3050 |
Notes to editors:
Redefine International (RDI) is a FTSE 250 income focused UK-REIT with a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.
The Group invests in large, well developed economies with established and transparent real estate markets. Within these markets, Redefine International's £1 billion investment portfolio provides diversified exposure to the commercial, industrial, retail and hotel sectors.
Redefine International is focused on delivering sustainable and growing income to shareholders through investment in income yielding assets let to high quality occupiers on long leases. Capital values are enhanced and protected by asset management and other low capex development activities.
As a UK-REIT, the Group aims to distribute the majority of its earnings available for distribution on a semi-annual basis, providing investors with attractive income returns as well as exposure to capital growth opportunities.
www.redefineinternational.com