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REDEFINE PROPERTIES LIMITED - Results of dividend re-investment alternative

Release Date: 02/12/2014 07:35
Code(s): RDF     PDF:  
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Results of dividend re-investment alternative

REDEFINE PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/018591/06)
JSE share code: RDF ISIN: ZAE000190252
(Approved as a REIT by the JSE)
(“Redefine”)


RESULTS OF DIVIDEND RE-INVESTMENT ALTERNATIVE


Shareholders are referred to the declaration of a final cash dividend of 38.14 cents per share (the “cash dividend”)
with an election to reinvest the dividend in return for Redefine shares (the “share alternative”) announced on SENS
on Thursday, 6 November 2014 for the six months ended 31 August 2014 and the announcement of the reinvestment
price per new share (being R9.50 per share) applicable to Redefine shareholders electing the share alternative released
on SENS on Friday, 14 November 2014.

Shareholders holding 2 602 678 951 Redefine shares or 71% of Redefine shares (prior to the election) qualifying to
receive the cash dividend elected to receive the share alternative, resulting in the issue of 103 991 300 new Redefine
shares, retaining R987.9 million (based on the issue price of R9.50 per new share after accounting for the applicable
dividend withholding tax) in new equity for Redefine. Accordingly, a total cash dividend of R408.2 million (of which
R4.7 million is payable as a result of the dividend withholding tax applicable to certain shareholders who elected the
share reinvestment alternative) is payable today in respect of 1 057 873 101 Redefine shares.

Certificated shareholders who did not elect the share alternative in respect of some or all of their shares and who have
provided their bank details to Redefine’s transfer secretaries had their bank accounts credited yesterday, 1 December
2014. Share certificates in respect of certificated shareholders who did elect the share alternative in respect of some or
all of their shares will be posted on Wednesday, 3 December 2014 to certificated shareholders at their risk. The
Central Securities Depository Participants or broker custody accounts of dematerialised shareholders who did not elect
the share alternative in respect of some or all of their shares were credited with the cash dividend yesterday, 1
December 2014 and the Central Securities Depository Participants or broker custody accounts of dematerialised
shareholders who did elect the share alternative in respect of some or all of their shares will be credited on
Wednesday, 3 December 2014 with their new Redefine shares.

2 December 2014


Corporate advisor and sponsor

Java Capital

Date: 02/12/2014 07:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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