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REDEFINE INTERNATIONAL PLC - Results of dividend election

Release Date: 04/06/2014 13:30
Code(s): RPL     PDF:  
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Results of dividend election

REDEFINE INTERNATIONAL P.L.C.
(Incorporated in the Isle of Man)
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
ISIN: IM00B8V8G91
(“Redefine International” or “the Company”)


RESULTS OF DIVIDEND ELECTION


On 30 April 2014 the Company declared an interim dividend of 1.50 pence per share in respect of the six months ended 28 February
2014 and offered shareholders an election to receive either a scrip dividend by way of an issue of new Redefine International shares
credited as fully paid up (the “Scrip Dividend Shares”) or a cash dividend.

The Company is pleased to announce that election forms for 919,239,020 ordinary shares of 8 pence each in the Company
(“Ordinary Shares”) have been received, representing a 72 per cent take up by shareholders, for which 25,323,941 Scrip Dividend
Shares are to be issued, being approximately 2 per cent of the current issued share capital of the Company (“ISC”).

An application has been made for the Scrip Dividend Shares, which will rank pari passu in all respects with the Company’s existing
issued Ordinary Shares, to be admitted to the Premium Segment of the Official List of the United Kingdom Listing Authority, to
trading on the London Stock Exchange’s Main Market for listed securities and to be listed on the JSE (“Admission”). It is expected
that Admission will occur on 5 June 2014.

This announcement is being made ahead of the proposed schedule, prior to Admission.

Following Admission, the total number of voting rights will be 1,296,097,349. No Ordinary Shares are held in treasury. The figure of
1,296,097,349 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.

The following Directors and Connected Persons have informed the Company that they have elected to take up the Scrip Dividend
Shares:-

                             Scrip Dividend Shares
Party                                     Allotted            % of ISC         New Shareholding          % of ISC
 Redefine Properties Ltd                11,489,294                0.89%             430,025,638             33.18%
 Marc Wainer                                38,002                0.00%               1,425,323              0.11%
 Bernard Nackan                                444                0.00%                  16,644              0.00%


For further information:

Redefine International P.L.C.
Michael Watters, Stephen Oakenfull                              Tel: +44 (0) 20 7811 0100

FTI Consulting
UK Public Relations Adviser
Stephanie Highett, Dido Laurimore                               Tel: +44 (0) 20 3727 1000

Marketing Concepts
SA Public Relations Adviser
Suren Naidoo                                                    Tel: + 27 (0) 11 783 0700

JSE Sponsor
Java Capital                                                    Tel: + 27 (0) 11 283 0042

Redefine International is a UK REIT with a primary listing on the London Stock Exchange and a secondary listing on the
Johannesburg Stock Exchange.


4 June 2014

Date: 04/06/2014 01:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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