Resilient REIT Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	n/a
Management average tenure	no data
Board average tenure	5.9yrs

Recent management updates

Recent updates

CEO

Resilient REIT has no CEO, or we have no data on them.

Board Members

Name	Position	Tenure	Compensation	Ownership
Monica Muller	CFO & Executive Director	4.3yrs	R7.51m	0.037% ZAR 6.1m
Jacobus Kriek	Head of Retail Stanford Executive Programme & Executive Director	20.1yrs	R13.86m	0.94% ZAR 157.2m
Desmond de Beer	Non-Independent Non-Executive Director	22yrs	R17.69m	9.62% ZAR 1.6b
Stuart Bird	Independent Non-Executive Director	5.4yrs	R1.29m	no data
Alan Olivier	Independent Non-Executive Chairman	5.9yrs	R1.52m	0.0075% ZAR 1.3m
Marion Lesego Marole	Independent Non-Executive Director	8.2yrs	R693.00k	no data
Desmond Gordon	Independent Non-Executive Director	5.9yrs	R955.00k	no data
Barry van Wyk	Independent Non-Executive Director	11.7yrs	R666.00k	0.0012% ZAR 202.3k
Barry Stuhler	Non-Independent Non-Executive Director	less than a year	R205.00k	2.46% ZAR 411.4m
Protas Phili	Independent Non-Executive Director	8.6yrs	R1.10m	0.0022% ZAR 367.8k
Thanduxolo Sishuba	Independent Non-Executive Director	2.9yrs	R505.00k	no data

5.9yrs

Average Tenure

63yo

Average Age

Experienced Board: RES's board of directors are considered experienced (5.9 years average tenure).

Resilient REIT Management

Management criteria checks 1/4

Key information

Recent management updates

Resilient REIT Limited Announces Executive Changes

Non-Independent Non-Executive Director recently bought R794k worth of stock

Resilient REIT Limited, Annual General Meeting, Jun 20, 2024

Resilient REIT Limited Announces Resignation of Hluke Mthombeni as Company Secretary, Effective from 26 April 2024

Resilient REIT Limited Appoints Barry Stuhler as a Member of the Audit Committee

MD, CEO & Executive Director recently bought R825k worth of stock

Recent updates

Resilient REIT Limited Announces Executive Changes

Non-Independent Non-Executive Director recently bought R794k worth of stock

Resilient REIT Limited, Annual General Meeting, Jun 20, 2024

Upcoming dividend of R2.03 per share

Resilient REIT Limited Announces Resignation of Hluke Mthombeni as Company Secretary, Effective from 26 April 2024

Final dividend of R2.03 announced

Resilient REIT Limited Appoints Barry Stuhler as a Member of the Audit Committee

Full year 2023 earnings released: EPS: R10.49 (vs R10.82 in FY 2022)

New minor risk - Insider selling

MD, CEO & Executive Director recently bought R825k worth of stock

MD, CEO & Executive Director recently bought R2.7m worth of stock

Price target decreased by 11% to R46.43

New major risk - Dividend sustainability

Public Investment Corporation Limited acquired an additional unknown stake in Resilient REIT Limited (JSE : RES).

Price target decreased by 8.5% to R48.50

Insufficient new directors

Now 20% undervalued after recent price drop

Upcoming dividend of R2.34 per share

Full year 2022 earnings released: EPS: R9.85 (vs R0.99 in FY 2021)

Resilient REIT Limited Announces Passing of David Brown, Independent Non-Executive Director

Resilient REIT Limited, Annual General Meeting, Jun 22, 2022

Upcoming dividend of R2.27 per share

Resilient REIT Limited to Report First Half, 2022 Results on Mar 17, 2022

Price target increased to R56.00

Price target increased to R55.17

Upcoming dividend of R2.26 per share

Resilient REIT Limited (JSE:RES) reached an agreement to acquire 25% stake in Portfolio of four dominant French retail shopping centers from Wereldhave Retail France S.A.S for €76.3 million.

Full year 2021 earnings released: EPS R0.77 (vs R10.15 loss in FY 2020)

Price target increased to R49.30

First half 2021 earnings released: R2.19 loss per share (vs R1.49 profit in 1H 2020)

South Africa Government Employee Pension Fund, managed by Public Investment Corporation Limited, signed an engagement letter to acquire unknown stake in retail assets of Resilient REIT Limited.

New 90-day high: R41.07

New 90-day low: R30.74

Resilient REIT Limited to Report First Half, 2021 Results on Mar 04, 2021

New 90-day low: R37.53

Full year earnings released

New 90-day low - R39.16

Investec Asset Management (South Africa) Limited acquired 5.01% stake in Resilient REIT Limited (JSE:RES).

CEO

Board Members

Average Tenure

Average Age