REDEFINE PROP INTERNATIONAL LTD - Redefine International P.L.C. - Repayment of Capital Instrument

Redefine International P.L.C. - Repayment of Capital Instrument

REDEFINE PROPERTIES INTERNATIONAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2010/009284/06)
JSE share code: RIN ISIN: ZAE000149282
(“RIN”)


Set out below is an announcement which was released by Redefine International P.L.C. (“Redefine
International”), the London Stock Exchange-listed subsidiary of RIN, on the Regulatory News Service
(“RNS”) of the London Stock Exchange today, 13 September 2013.


REDEFINE INTERNATIONAL P.L.C.
(“Redefine International” or the “Company”)

REPAYMENT OF CAPITAL INSTRUMENT

Redefine International is pleased to announce that its GBP13 million 6% convertible loan instrument issued to
Aviva Commercial Finance Limited (“Aviva”) in September 2010 (the “Capital Instrument”), is today being
settled in full in accordance with its terms by the issue of 36,587,873 new ordinary shares of 8 pence each in the
Company (the “Settlement Shares”) to Aviva at an issue price of 41.925 pence per share.

An application has been made for the Settlement Shares, which will rank pari passu in all respects with the
Company’s existing ordinary shares of 8 pence each (“Ordinary Shares”) in issue, to be admitted to the
Premium Segment of the Official List of the United Kingdom Listing Authority and to trading on the London
Stock Exchange’s Main Market for listed securities (“Admission”). It is expected that Admission will occur on
17 September 2013.

The Company has been notified that Aviva has exercised its put option in respect of these Settlement Shares to
Redefine Properties Limited, effective on Admission. Following the put option becoming effective, Redefine
Properties Limited will have a direct shareholding in the Company of 36,587,873 Ordinary Shares, representing
3.59% of the issued share capital of the Company on Admission. Redefine Properties Limited currently holds
47.83% of the issued share capital of Redefine Properties International Limited, which in turn holds 61.83% of
the issued share capital in the Company.

Following Admission, the total number of voting rights in the Company will be 1,057,157,691. No Ordinary
Shares are held in treasury. The figure of 1,057,157,691 Ordinary Shares may then be used by shareholders in
the Company as the denominator for the calculations by which they will determine if they are required to notify
their interest in, or a change in their interest in, the share capital of the Company under the UK Financial
Conduct Authority's Disclosure and Transparency Rules.

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, Faye Walters                   Tel: +44 (0) 20 7831 3113

13 September 2013


Sponsor to Redefine Properties International Limited

Java Capital

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