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REDEFINE PROPERTIES LIMITED - Dealing In Securities By An Associate Of A Director Of The Company

Release Date: 24/03/2016 13:10
Code(s): RDF     PDF:  
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Dealing In Securities By An Associate Of A Director Of The Company

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” or “the company”)


DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY


Shareholders are advised of the following information relating to the dealing in securities by an associate of
a director of Redefine:

Name of associate:                               Clearwater Property Holdings No 5 (Pty) Ltd
Name of director:                                Harish Mehta
Relationship to director:                        The Clearwater Partnership holds 100% of the shares in
                                                 Clearwater Property Holdings No 5 (Pty) Ltd, of which
                                                 Harish Mehta is the sole director. The HKM Family Trust
                                                 No 2 (of which Harish Mehta is a trustee and beneficiary) is
                                                 the sole shareholder of Clearwater Capital (Pty) Ltd, which
                                                 is the general partner of the general partner of The
                                                 Clearwater Partnership
Transaction date:                                22 March 2016
Class of securities:                             Ordinary shares
Nature of transaction:                           Off-market zero cost collar hedge over 10 000 000 Redefine
                                                 shares with, in each case, a long put strike price of
                                                 R10.9420 and a short call strike price of R11.9095, with an
                                                 expiry date of 20 March 2017
Nature and extent of director’s interest:        Indirect beneficial

24 March 2016


Sponsor
Java Capital

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