Asset formula

NET ASSET VALUE OF REINET FUND SCA, FIS AT MARCH 31, 2022

Reinet Investments SCA / Keyword(s): Quarterly / Interim statement

29-Apr-2022 / 07:30 CET/CEST
Publication of an ad hoc announcement pursuant to Art. 53LR
The issuer is solely responsible for the content of this announcement.

Reinet Investments SCA’s wholly-owned subsidiary, Reinet Fund SCA, FIS today announced its Net Asset Value as of March 31, 2022 as follows:

Estimate

Reinet Fund SCA, SIF (“Reinet Fund”)

Net asset value per share as of March 31, 2022

As of March 31, 2022, the Net Asset Value (“NAV”) per Reinet Fund share amounted to €34.63 (December 31, 2021: €30.12) based on 171.3 million shares in circulation.

The entire ordinary share capital of Reinet Fund of 171.3 million shares is held by Reinet Investments SCA In addition, 1,000 management shares of Reinet Fund are held by Reinet Fund Manager SA

As of March 31, 2022, the NAV amounted to €5,932 million, an increase of €773 million compared to December 31, 2021.

The net asset value reflects Reinet Fund’s interest in Pension Insurance Corporation Group Limited, British American Tobacco plc, its other investments and cash resources, and other assets and liabilities. Assets and liabilities have been revalued to their estimated fair values ​​as of March 31, 2022. The calculation of net asset value is subject to the completion of the year-end audit.

end of quote

The net asset value of the Reinet Fund is a substantial element of the consolidated balance sheet of Reinet Investments SCA as of March 31, 2022. However, the consolidated balance sheet of Reinet Investments SCA will reflect other assets and liabilities of the parent company, including cash and cash to pay or to receive. of the Reinet Fund. Thus, the NAV of Reinet Investments SCA differs from that of Reinet Fund.

The NAV of Reinet Investments SCA will be published in due course and the division of this value by the total number of outstanding shares (excluding own shares) of 184.1 million will give a NAV per share for Reinet Investments SCA which will be different from that by Reinet Fund.

Reinet Investments Manager SA
for and on behalf of Reinet Investments SCA

Reinet Investments SCA (the “Company”) is a partnership limited by shares incorporated in the Grand Duchy of Luxembourg and having its registered office at 35, boulevard Prince Henri, L-1724 Luxembourg. It is governed by Luxembourg law on securitization and as such allows its shareholders to participate indirectly in the portfolio of assets held by its wholly-owned subsidiary Reinet Fund SCA, FIS (“Reinet Fund”), an investment fund also established in Luxembourg. The ordinary shares of the Company are listed on the Luxembourg Stock Exchange, Euronext Amsterdam and the Johannesburg Stock Exchange, the listing on the Johannesburg Stock Exchange is a secondary listing. The ordinary shares of the Company are included in the “LuxX” index of the main shares traded on the Luxembourg Stock Exchange.

Reinet Investments SAC
RCS Luxembourg B 16 576
Legal entity identifier: 222100830RQTFVV22S80

Head office: 35, boulevard Prince Henri, L-1724 Luxembourg, Tel. (+352) 22 42 10, Fax (+352) 22 72 53
Email: info@reinet.com, website: www.reinet.com

End of the ad hoc announcement


Source link