Share Name Share Symbol Market Type Share ISIN Share Description
Rdi Reit P.l.c. LSE:RDI London Ordinary Share IM00BH3JLY32 ORD 40P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.20 2.56% 128.00 125.40 127.00 127.00 123.40 123.80 220,646 16:35:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 112.0 97.4 4.7 27.2 487

RDI REIT PLC Changes to the Board

09/10/2019 4:00pm

UK Regulatory (RNS & others)


Rdi Reit P.l.c (LSE:RDI)
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TIDMRDI

RNS Number : 3429P

RDI REIT PLC

09 October 2019

RDI REIT P.L.C.

("RDI" or the "Company" or the "Group")

(Registered number 010534V)

LSE share code: RDI

JSE share code: RPL

ISIN: IM00BH3JLY32

LEI: 2138006NHZUMMRYQ1745

Changes to the Board

RDI, the income focused UK-REIT, announces that Robert Orr has informed the Board of his intention to resign as an Independent Non-executive Director due to the demands of other external commitments. His resignation takes effect from today.

Gavin Tipper, Chairman of the Board, said "The Board would like to extend its gratitude to Robert for his invaluable property expertise and experience which he has contributed to the Company and his dedication during his four years with RDI. We wish him the very best of luck with his future endeavours."

For further information, please contact:

 
 RDI REIT P.L.C. 
  Mike Watters                                     Tel: +44 (0) 20 7811 
                                                   0100 
 FTI Consulting 
  UK Public Relations Adviser                      Tel: +44 (0) 20 3727 
  Dido Laurimore, Claire Turvey, Ellie Sweeney     1000 
 Instinctif Partners 
  SA Public Relations Adviser                      Tel: +27 (0) 11 447 
  Frederic Cornet                                  3030 
 JSE Sponsor 
  Java Capital                                     Tel: +27 (0) 11 722 
                                                   3050 
 

Note to editors:

About RDI

RDI is an income focused UK-REIT with a diversified portfolio invested principally in the UK. The investment approach is driven by an in depth understanding of occupational demand including the impact of technology, transport and infrastructure investment. The portfolio has been repositioned in recent years to increase its weighting to London and the South East and to provide greater exposure to our leading hotel and serviced office operating platforms.

RDI is committed to delivering attractive income led total returns across the real estate cycle. The current strategic objectives of a lower leverage capital structure and more focused allocation of capital are targeted at delivering an industry leading and sustainable income return.

RDI is a UK Real Estate Investment Trust (UK-REIT) and holds a primary listing on the London Stock Exchange and a secondary listing on the JSE. The Company is included within the EPRA, GPR, JSE All Property and JSE Tradeable Property indices.

For more information on RDI, please refer to the Company's website www.rdireit.com

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.

END

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October 09, 2019 11:00 ET (15:00 GMT)

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