Dealings by directors and the company secretary and correction to dealings by directors and a prescribed officer
REDEFINE PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/018591/06)
JSE share code: RDF ISIN: ZAE000190252
LEI: 37890061EC026A7DA532
Debt company code: BIRDF
(Approved as a REIT by the JSE)
("Redefine" or the "Company")
DEALINGS IN SECURITIES BY DIRECTORS AND BY THE COMPANY SECRETARY OF THE COMPANY AND CORRECTION TO DEALINGS
IN SECURITIES BY DIRECTORS AND A PRESCRIBED OFFICER ANNOUNCEMENT
Shareholders and noteholders are advised of the following information relating to the acceptance of awards
offered under the Redefine Long-term Incentive Plan ("LTIP"). The awards will vest on 30 November 2025,
subject to the fulfilment of performance and employment conditions in line with the company's approach on
performance related incentives:
Name of director: Andrew Konig
Transaction date: 7 November 2022
Class of securities: Ordinary shares
Number of securities: 1 023 893
Total deemed value of transaction: R3 962 465.91, being the total deemed
value calculated using the volume
weighted average price for the 5 days as
at 7 November 2022, ex-dividend (the "5
day VWAP"), of R3.87 per share
Nature of transaction: Off-market acceptance of awards offered in
terms of the LTIP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Ntobeko Nyawo
Transaction date: 7 November 2022
Class of securities: Ordinary shares
Number of securities: 605 238
Total deemed value of transaction: R2 342 271.06, being the total deemed
value calculated using the 5 day VWAP, of
R3.87 per share
Nature of transaction: Off-market acceptance of awards offered in
terms of the LTIP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Leon Kok
Transaction date: 7 November 2022
Class of securities: Ordinary shares
Number of securities: 704 063
Total deemed value of transaction: R2 724 723.81, being the total deemed
value calculated using the 5 day VWAP, of
R3.87 per share
Nature of transaction: Off-market acceptance of awards offered in
terms of the LTIP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of company secretary: Anda Matwa
Transaction date: 7 November 2022
Class of securities: Ordinary shares
Number of securities: 133 234
Total deemed value of transaction: R515 615.58, being the total deemed
value calculated using the 5 day VWAP, of
R3.87 per share
Nature of transaction: Off-market acceptance of awards offered in
terms of the LTIP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Shareholders and noteholders are referred to the announcement published on SENS on 15 December 2021
advising, inter alia, of the award and acceptance of shares pursuant to the provisions of the Redefine Short-
Term Incentive Scheme ("the STI Scheme"), whereby a portion of the 2021 short-term incentives payable under
the STI Scheme may be settled by the grant of conditional shares under the LTIP, which shares vest in three
equal tranches commencing on 30 November 2022 and each year thereafter. Shareholders are advised that as
a result of a misinterpretation of the calculation methodology, the total share allocation value and the share
awards announced have been adjusted as follows:
Name of director: Andrew Konig
Total value of transaction: R2 211 144.15 being the total deemed value calculated using
the volume weighted average price for the 5 days prior to the
award date, ex-dividend, of R4.35 per share ("the 5-day
VWAP") as at 3 December 2021
Number of securities: 508 309
Name of director: Leon Kok
Total value of transaction: R1 625 329.65, being the total deemed value calculated using
the 5-day VWAP as at 3 December 2021
Number of securities: 373 639
Name of director: Ntobeko Nyawo
Total value of transaction: R794 818.95, being the total deemed value calculated using the
5-day VWAP as at 3 December 2021
Number of securities: 182 717
Name of prescribed officer: Mike Ruttell
Total value of transaction: R998 072.70, being the total deemed value calculated using the
5-day VWAP as at 3 December 2021
Number of securities: 229 442
8 November 2022
Sponsor
Java Capital
Date: 08-11-2022 11:00:00
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.