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REDEFINE INTERNATIONAL PLC - Notification of transactions of directors/persons discharging managerial responsibility and connected persons

Release Date: 01/07/2014 16:00
Code(s): RPL     PDF:  
Wrap Text
Notification of transactions of directors/persons discharging managerial responsibility and connected persons

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”)


NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND CONNECTED PERSONS


In accordance with 3.1.2R of the Disclosure and Transparency Rules of the UKLA, the Company has today been notified
that following an accelerated book build process undertaken today by the Redefine Properties Limited group (“RDF”) in
Johannesburg, South Africa, RDF has disposed of 40.5 million ordinary shares in the Company at a price of R9.40 (52p)
per share (the “Transaction”).

Following the Transaction RDF holds 389,525,638 Redefine International ordinary shares, reducing its group
shareholding in the Company from 33.18% to 30.05%.

Marc Wainer, a director of RDF who also represents RDF on the Board of Redefine International, informed the Company
that this sale was a one-off event for internal capital management purposes and that RDF has no current intention to
reduce its group holding in the Company to below 30%.

Mike Watters, CEO of Redefine International, comments,

“RDF’s involvement and support has been of great value to the Company and we continue to recognise its significant and
ongoing contribution as our major shareholder.”

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

FTI Consulting
SA Public Relations Adviser
Max Gebhardt                                                  Tel: +27 (0) 11 214 2400

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.


1 July 2014

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