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REINET INVESTMENTS S.C.A - Net asset value of Reinet Fund S.C.A., F.I.S. as at 30 June 2019
Net asset value of Reinet Fund S.C.A., F.I.S. as at 30 June 2019 Reinet Investments S.C.A. (Incorporated in Luxembourg) ISIN: LU0383812293 Code: RNI COMPANY ANNOUNCEMENT FOR IMMEDIATE RELEASE NET ASSET VALUE OF REINET FUND S.C.A., F.I.S. AS AT 30 JUNE 2019 Reinet Investments S.C.A.'s wholly-owned subsidiary, Reinet Fund S.C.A., F.I.S. has today announced its net asset value as at 30 June 2019 as follows: Quote Reinet Fund S.C.A., F.I.S. ('the Fund') Net asset value statement as at 30 June 2019 As at 30 June 2019, the net asset value ('NAV') of the Fund amounted to EUR 4 554 million, a decrease of EUR 321 million from 31 March 2019. This valuation reflects the Fund's shareholding in British American Tobacco p.l.c., its other investments and cash resources, together with other assets and liabilities. Assets and liabilities have been revalued to their estimated fair values as at 30 June 2019. The NAV calculation has not been audited. The entire ordinary share capital of the Fund is owned by Reinet Investments S.C.A. In addition, 1 000 management shares in the Fund are held by Reinet Fund Manager S.A. The net asset position of the Fund is a substantial element of the consolidated balance sheet of Reinet Investments S.C.A. at 30 June 2019. However, the consolidated balance sheet of Reinet Investments S.C.A. will reflect other parent company assets and liabilities, including cash and amounts payable to or receivable from the Fund. As such, the net asset value of Reinet Investments S.C.A. differs from that of the Fund. Unquote Reinet Investments Manager S.A. for and on behalf of Reinet Investments S.C.A. Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) 19 JULY 2019 Reinet Investments S.C.A. (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 the Luxembourg law on securitisation and in this capacity allows its shareholders to participate indirectly in the portfolio of assets held by its wholly-owned subsidiary Reinet Fund S.C.A., F.I.S. ('Reinet Fund'), a specialised investment fund also incorporated in Luxembourg. The Company's ordinary shares 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 Company's ordinary shares are included in the 'LuxX' index of the principal shares traded on the Luxembourg Stock Exchange. The Company and Reinet Fund together with Reinet Fund's subsidiaries are referred to as 'Reinet'. Reinet Investments S.C.A. R.C.S. Luxembourg B 16 576 Registered office: 35, boulevard Prince Henri, L-1724 Luxembourg, Tel. (+352) 22 42 10, Fax (+352) 22 72 53 Email: email@example.com, website: www.reinet.com Date: 19/07/2019 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.