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REDEFINE PROPERTIES LIMITED - Dealings in securities by directors, associate of director, the company secretary, associate of company secretary

Release Date: 04/12/2014 17:15
Code(s): RDF     PDF:  
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Dealings in securities by directors, associate of director, the company secretary, associate of company secretary

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”)


DEALINGS IN SECURITIES BY DIRECTORS, AN ASSOCIATE OF A DIRECTOR, THE COMPANY SECRETARY AND AN ASSOCIATE OF THE 
COMPANY SECRETARY OF REDEFINE


Shareholders are hereby advised of the following dealings in relation to the second tranche of the award of restricted
shares under the Restricted Unit Scheme of the Redefine Executive Incentive Scheme (“the Restricted Unit
Scheme”) disclosed in the announcement released on SENS on 7 May 2013.

Name of director:                                Marc Wainer
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            249 600
Highest trading price:                           R10.37
Volume weighted average price per security:      R10.3113
Lowest trading price:                            R10.22
Total value of transaction:                      R2 573 700.48
Nature of transaction:                           On-market purchase to settle an award of shares, in terms of the
                                                 Restricted Unit Scheme, which vested on 30 November 2014
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of director:                                David Rice
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            187 200
Highest trading price:                           R10.37
Volume weighted average price per security:      R10.3113
Lowest trading price:                            R10.22
Total value of transaction:                      R1 930 275.36
Nature of transaction:                           On-market purchase to settle an award of shares, in terms of the
                                                 Restricted Unit Scheme, which vested on 30 November 2014
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of director:                                Andrew Konig
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            149 760
Highest trading price:                           R10.37
Volume weighted average price per security:      R10.3113
Lowest trading price:                            R10.22
Total value of transaction:                      R1 544 220.29
Nature of transaction:                           On-market purchase to settle an award of shares, in terms of the
                                                 Restricted Unit Scheme, which vested on 30 November 2014
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Shareholders are further advised of the following dealings in relation to the first tranche of the award of restricted
shares under the Restricted Unit Scheme disclosed in the announcement released on SENS on 28 November 2014.

Name of director:                                Mike Ruttell
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            150 000
Highest trading price:                           R10.37
Volume weighted average price per security:      R10.3113
Lowest trading price:                            R10.22
Total value of transaction:                      R1 546 695
Nature of transaction:                           On-market purchase to settle an award of shares, in terms of the
                                                 Restricted Unit Scheme, which vested on 30 November 2014
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of director:                                Leon Kok
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            160 000
Highest trading price:                           R10.37
Volume weighted average price per security:      R10.3113
Lowest trading price:                            R10.22
Total value of transaction:                      R1 649 808
Nature of transaction:                           On-market purchase to settle an award of shares, in terms of the
                                                 Restricted Unit Scheme, which vested on 30 November 2014
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Shareholders are also advised that pursuant to the cash distribution for the six months ended 31 August 2014 with an
election to reinvest the distribution in return for shares, the results of which were announced on Monday, 1 December
2014 (the “reinvestment alternative”), directors of the company elected to reinvest the distribution in respect of
shares held by them under the Matching Scheme of the Redefine Executive Incentive Scheme, disclosed in the
announcement released on SENS on 7 May 2013, and received shares as follows:

Name of director:                                Marc Wainer
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            4 933
Price per security                               R9.50
Total value of transaction:                      R46 863.50
Nature of transaction:                           Off-market reinvestment in terms of reinvestment alternative
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of director:                                David Rice
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            3 947
Price per security                               R9.50
Total value of transaction:                      R37 496.50
Nature of transaction:                           Off-market reinvestment in terms of reinvestment alternative
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of director:                                Andrew Konig
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            4 280
Price per security                               R9.50
Total value of transaction:                      R40 660
Nature of transaction:                           Off-market reinvestment in terms of reinvestment alternative
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Shareholders are further advised that pursuant to the reinvestment alternative, directors of the company elected to
reinvest the distribution in respect of shares held by them under the Purchase Scheme of the Redefine Executive
Incentive Scheme (“the Purchase Scheme”) disclosed in the announcement released on SENS on 15 May 2013, and
received shares as follows:

Name of director:                                Marc Wainer
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            97 669
Price per security:                              R9.50
Total value of transaction:                      R927 855.50
Nature of transaction:                           Off-market reinvestment in terms of reinvestment alternative
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of director:                                David Rice
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            79 145
Price per security:                              R9.50
Total value of transaction:                      R751 877.50
Nature of transaction:                           Off-market reinvestment in terms of reinvestment alternative
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of director:                                Andrew Konig
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            85 881
Price per security:                              R9.50
Total value of transaction:                      R815 869.50
Nature of transaction:                           Off-market reinvestment in terms of reinvestment alternative
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Shareholders are further advised that certain of the shares received by the directors under the reinvestment alternative
have been sold by the directors:

Name of director:                                Marc Wainer
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            97 669
Price per security:                              R9.70
Total value of transaction:                      R947 389.30
Nature of transaction:                           Off-market disposal of securities acquired in terms of reinvestment
                                                 alternative
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of director:                                David Rice
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            79 145
Price per security:                              R9.70
Total value of transaction:                      R767 706.50
Nature of transaction:                           Off-market disposal of securities acquired in terms of reinvestment
                                                 alternative
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of director:                                Andrew Konig
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            85 881
Price per security                               R9.70
Total value of transaction:                      R833 045.70
Nature of transaction:                           Off-market disposal of securities acquired in terms of reinvestment
                                                 alternative
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Shareholders are advised that pursuant to the reinvestment alternative, directors, associates of directors, the company
secretary and an associate of the company secretary of Redefine, elected to reinvest the distribution in respect of
shares held by them, and received shares as follows:

Name of director:                                Andrew Konig
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            6 869
Price per security:                              R9.50
Total value of transaction:                      R65 255.50
Nature of transaction:                           Off-market reinvestment in terms of reinvestment alternative
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of director:                                David Rice
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            14 814
Price per security:                              R9.50
Total value of transaction:                      R140 733
Nature of transaction:                           Off-market reinvestment in terms of reinvestment alternative
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of associate:                               Lesley Wainer
Name of director:                                Marc Wainer
Relationship to director:                        Wife
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            9 996
Price per security                               R9.50
Total value of transaction:                      R94 962
Nature of transaction:                           Off-market reinvestment in terms of reinvestment alternative
Nature and extent of director’s interest:        Not applicable

Name of director:                                Bernard Nackan
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            375
Price per security:                              R9.50
Total value of transaction:                      R3 562.50
Nature of transaction:                           Off-market reinvestment in terms of reinvestment alternative
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of company secretary:                       Neville Toerien
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            375
Price per security:                              R9.50
Total value of transaction:                      R3 562.50
Nature of transaction:                           Off-market reinvestment in terms of reinvestment alternative
Nature and extent of company secretary’s         Direct beneficial
interest:
Clearance to deal received:                      Yes

Name of associate:                               SL Toerien
Name of company secretary:                       Neville Toerien
Relationship to company secretary                Wife
Transaction date:                                3 December 2014
Class of securities:                             Shares
Number of securities:                            375
Price per security:                              R9.50
Total value of transaction:                      R3 562.50
Nature of transaction:                           Off-market reinvestment in terms of reinvestment alternative
Nature and extent of company secretary’s         Not applicable
interest:

Shareholders are also advised of the following dealings in relation to the purchase of linked units under the Matching
Scheme of the Redefine Executive Incentive Scheme (“the Matching Scheme”).

Name of director:                                Marc Wainer
Transaction date:                                1 December 2014
Class of securities:                             Shares
Number of securities:                            109 582
Highest trading price:                           R10.19
Volume weighted average price per security:      R10.0922
Lowest trading price:                            R10.09
Total value of transaction:                      R1 105 923.46
Nature of transaction:                           On-market purchase in terms of the Matching Scheme
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of director:                                David Rice
Transaction date:                                1 December 2014
Class of securities:                             Shares
Number of securities:                            83 645
Highest trading price:                           R10.19
Volume weighted average price per security:      R10.0922
Lowest trading price:                            R10.09
Total value of transaction:                      R844 162.07
Nature of transaction:                           On-market purchase in terms of the Matching Scheme
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of director:                                Andrew Konig
Transaction date:                                1 December 2014
Class of securities:                             Shares
Number of securities:                            93 365
Price per security:                              R10.19
Highest trading price:                           R10.0922
Volume weighted average price per security:      R10.09
Lowest trading price:                            R942 258.25
Nature of transaction:                           On-market purchase in terms of the Matching Scheme
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of director:                                Mike Ruttell
Transaction date:                                1 December 2014
Class of securities:                             Shares
Number of securities:                            9 490
Highest trading price:                           R10.19
Volume weighted average price per security:      R10.0922
Lowest trading price:                            R10.09
Total value of transaction:                      R95 774.98
Nature of transaction:                           On-market purchase in terms of the Matching Scheme
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

4 December 2014


Sponsor

Java Capital

Date: 04/12/2014 05:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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