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RDFIDH - Investec Bank Limited - Redefine Properties Limited corporate

Release Date: 05/12/2011 15:41
Code(s): JSE RDFIDH
Wrap Text

RDFIDH - Investec Bank Limited - Redefine Properties Limited corporate action- enhanced dividend securities JSE SHARE CODE: RDFIDH JSE ISIN CODE: ZAE000158408 REDEFINE PROPERTIES LIMITED CORPORATE ACTION- ENHANCED DIVIDEND SECURITIES ("EDS") As a result of the Redefine Properties Limited ("RDF") corporate action announcement made on Thursday the 1st December 2011, whereby holders will receive the following, on 19 December 2011 (Payment Date): For every 31.70889 RDF securities held on 8 December 2011 (Last day to Trade): 1 new Arrowhead Properties Limited A Linked unit ("AWA"); and 1 new Arrowhead Properties Limited B Linked unit ("AWB") RDF holders who hold 31.70889 or less units will have their proportionate entitlement to Arrowhead Linked Units sold on their behalf for cash. In line with this action, Investec Bank Ltd as Calculation Agent of the RDFIDH will utilise the proceeds of the AWA and AWB units to amend the terms and conditions, which will be announced on 12 December 2011, of the RDFIDH to keep holders in the same economic position as prior to the adjustment. Notwithstanding the above, upon the occurrence of a possible Stop-Loss Event, on or before 8 December 2011 (Last day to Trade), the EDS will automatically lapse with the Holder thereof being entitled to receive the Rebate. The Listing of this Issue will automatically terminate and the Holder shall, as of that date, have no claim against the Issuer for delivery of the Underlying Parcel or to any further dividends in respect of the Underlying Parcel. Copies of the offering circular may be obtained from: Investec Bank Limited 100 Grayston Drive Sandown Sandton 2196 For further information contact: Investec Warrants Tel.: 0860 103 343 E-mail: warrants@investec.co.za Internet: www.investec.com Sponsor Investec Securities Limited Member of the JSE (Registration number. 1972/008905/06) Date: 05/12/2011 15:41:58 Supplied by www.sharenet.co.za 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.

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