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Regulatory Story
Company RDI REIT PLC
TIDM RDI
Headline Changes to the Board
Released 16:00 09-Oct-2019
Number 3429P16

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

Dido Laurimore, Claire Turvey, Ellie Sweeney

 

 

Tel: +44 (0) 20 3727 1000

Instinctif Partners

SA Public Relations Adviser

Frederic Cornet

 

 

Tel: +27 (0) 11 447 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


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