Investegate |Real People Investment Holding Announcements | Real People Investment Holding: Real People Investment Holdings Limited – Audited Annual Financial Statements for 2021, Amended Financial Covenants and Guidance Regarding Expected Bond Repayments investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Real People Investment Holdings Limited Preliminary Financial Update: Fourth quarter reduced impairment charges
RPIH) anticipates to release its 2021 annual results by no later than 30 June 2021.
RPIH and its subsidiary companies (
the Group) has maintained loan book valuation hair-cuts for Covid-19 on a forward looking basis to estimate and account for loan book performance risks.
Loan book collections performance during the year to 31 March 2021 has been better than forecast during the peak of the Covid-19 pandemic. It is therefore likely that the impairment charges will be lower than previously expected and that the profit after tax will improve to a meaningful extent for the year to 31 March 2021 when compared to normalised operating results in prior years.
Real People Investment Holdings Limited Preliminary Financial Update: Fourth quarter reduced impairment charges
Real People Investment Holdings Limited (
RPIH) anticipates to release its 2021 annual results by no later than 30 June 2021.
RPIH and its subsidiary companies (
the Group) has maintained loan book valuation hair-cuts for Covid-19 on a forward looking basis to estimate and account for loan book performance risks.
Loan book collections performance during the year to 31 March 2021 has been better than forecast during the peak of the Covid-19 pandemic. It is therefore likely that the impairment charges will be lower than previously expected and that the profit after tax will improve to a meaningful extent for the year to 31 March 2021 when compared to normalised operating results in prior years.
Real People Investment Holdings Limited Preliminary Financial Update: Fourth quarter reduced impairment charges Real People Investment Holdings Limited Rosebank, SOUTH AFRICA
RPIH) anticipates to release its 2021 annual results by no later than 30 June 2021.
RPIH and its subsidiary companies (
the Group) has maintained loan book valuation hair-cuts for Covid-19 on a forward looking basis to estimate and account for loan book performance risks.
Loan book collections performance during the year to 31 March 2021 has been better than forecast during the peak of the Covid-19 pandemic. It is therefore likely that the impairment charges will be lower than previously expected and that the profit after tax will improve to a meaningful extent for the year to 31 March 2021 when compared to normalised operating results in prior years.
Real People Investment Holdings Limited - Early Partial Redemption of Nordic Senior Bonds with Excess Cash
Real People Investment Holdings Limited up to SEK 260,000,000 and up to NOK 135,000,000 Senior Unsecured Callable Bonds 2013/2028 ISIN: SE 000 5392560 and NO 001 0689342 (the Bonds )
Johannesburg, 10 March 2021
Reference is made to the terms and conditions for the Bonds, originally dated 16 September 2013, as amended and restated, most recently by an amendment and restatement agreement dated 22 September 2020 (the
Terms and Conditions ).
Cash Sweep) of the Terms and Conditions and as further set out below.
Payment details
SEK Bonds (ISIN: SE 000 5392560)
The SEK Bonds will be partially redeemed on 31 March 2021 in a total amount of SEK 6,210,237.44. The record date, on which a bondholder must hold SEK Bonds in order to receive the redeemed amount, will be 24 March 2021.