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REDEFINE PROPERTIES LIMITED - Finalisation announcement and salient dates for the conversion of Redefines capital structure

Release Date: 15/08/2014 11:21
Code(s): RDF     PDF:  
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Finalisation announcement and salient dates for the conversion of Redefine’s capital structure

REDEFINE PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/018591/06)
JSE share code: RDF ISIN: ZAE000143178
(Approved as a REIT by the JSE)
(“Redefine” or the “company”)


FINALISATION ANNOUNCEMENT AND SALIENT DATES FOR THE CONVERSION OF REDEFINE’S CAPITAL STRUCTURE


Linked unitholders are referred to the announcement released on SENS on 16 May 2014 wherein the salient
dates and times in respect of:

-        the conversion of Redefine’s current linked unit capital structure to an all share structure, to be
         effected by way of a scheme of arrangement in terms of section114 of the Companies Act, 71 of 2008;
-        the amendment of Redefine’s Memorandum of Incorporation to enable and give effect to the change in
         Redefine’s capital structure;
-        the amendment of Redefine’s Debenture Trust Deed; and
-        the subsequent termination of Redefine’s Debenture Trust Deed,

(collectively the “transactions”) were announced as well as the announcement released on SENS on 11 July
2014 wherein linked unitholders were advised that the registration of the special resolutions in respect of the
transactions had been delayed due to backlogs with the Companies and Intellectual Property Commission
(“CIPC”).

The special resolutions in respect of the transactions, together with all prescribed documents, have been registered by
the CIPC. The Takeover Regulation Panel has issued a compliance certificate in terms of section 119(4) of the
Companies Act, 71 of 2008, with the result that the transactions have now become unconditional in accordance with
their terms. Accordingly the transactions will be implemented in accordance with the timetable set out below.

                                                                                                                          2014
Finalisation date announcement published in the press on                                                     Monday, 18 August
Last day to trade in existing linked units on the JSE prior to the delinking of the linked units and the
capitalisation of the debentures on                                                                          Friday, 22 August
Trading in delinked ordinary shares of no par value under the new ISIN: ZAE000190252 and the
existing code of “RDF” commences on                                                                          Monday, 25 August
Suspension of listing of linked units on the JSE                                                             Monday, 25 August
Scheme implementation record date for the delinking of the linked units and the capitalisation of the
debentures at the close of business on                                                                       Friday, 29 August
Scheme operative date                                                                                      Monday, 1 September
Date dematerialised shareholders will have their accounts updated at their CSDP or broker on               Monday, 1 September
Date of issue of new replacement share certificates provided that the old linked unit certificates have
been surrendered by 12:00 on Friday, 29 August 2014 (any certificated linked units surrendered after
this date will be replaced within 5 business days after receipt by the transfer secretaries)               Monday, 1 September
Termination of listing of linked units                                                                     Monday, 1 September
Notes:

1.       All times given in this circular are local times in South Africa.
2.       No dematerialisation of linked unit certificates may take place after Friday, 22 August 2014.


15 August 2014


Corporate advisor, legal advisor and sponsor

Java Capital

Date: 15/08/2014 11:21:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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