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RIN - Redefine Properties International Limited - Redefine International secures planning consent for harrow residential development Redefine Properties International Limited (Incorporated in the Republic of South Africa) (Registration number 2010/009284/06) JSE share code: RIN ISIN Code: ZAE000149282 ("RIN") Set out below is an announcement which was released by Redefine International P.L.C. (formerly Wichford P.L.C.), the London Stock Exchange- listed subsidiary of RIN, on the Regulatory News Service ("RNS") of the London Stock Exchange today, 17 May 2012. "REDEFINE INTERNATIONAL P.L.C. (`Redefine International` or the `Company`) REDEFINE INTERNATIONAL SECURES PLANNING CONSENT FOR HARROW RESIDENTIAL DEVELOPMENT Redefine International, the diversified income focused property company, announces that it has achieved full planning consent for a new residential led, mixed use, development scheme on the currently vacant Lyon House and Equitable House sites in the heart of Harrow town centre. Lyon House was a former government-let property and was occupied by HMRC until June 2010. Planning permission was granted last night, subject to Greater London Authority (GLA) approval, at Harrow Borough Council`s planning committee meeting. The development, between St John`s and Lyon Roads, will provide a total of 287residential units, of which 49 will be affordable. The scheme will offer a range of accommodation including maisonettes and apartments across seven separate blocks of varying heights. The Company has already concluded a development agreement with Metropolitan Housing Trust for the affordable element of the scheme, which is conditional on receipt of full planning consent. In addition to the housing provision, the scheme will offer approximately 33,000sqft of modern, flexible commercial space, as well as significant publically accessible open green space close to the town centre. It also creates an opportunity to provide a new public realm defining a new destination for social and leisure activities. Redefine International is already a significant investor in Harrow through its ownership of the St George`s Shopping Centre. Further enquiries: Redefine International Property Management Limited Investment Adviser Michael Watters/Stephen Oakenfull Tel: +44 (0) 20 7811 0100 FTI Consulting Public Relations Adviser Stephanie Highett/Dido Laurimore/Olivia Goodall Tel: +44 (0) 20 7831 3113" Sponsor to Redefine Properties International Limited Java Capital 17 May 2012 Date: 17/05/2012 09:00:02 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.
