REDEFINE PROPERTIES LIMITED - Dealings in securities by an associate of a director of the company

Dealings 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 referred to the announcement released on SENS on 2 September 2015 wherein shareholders were
advised that Clearwater Property Holdings No 4 (Pty) Ltd (“Clearwater”), an associate of Harish Mehta (by virtue of
his indirect holding in Clearwater), a director of the company, had entered into a zero-cost collar hedge (the “collar”),
in respect of in aggregate 1 440 350 Redefine shares, having a short put strike price of R10.0826, a long put strike
price of R11.2029 and a call strike price of R12.0543, which collar would settle on 30 August 2016 (the “settlement
date”). The price of Redefine shares at the settlement date was higher than the put strike prices but lower than the call
strike price. As a result thereof, neither of the options were exercised and there will be no change in the beneficial
ownership in respect of the director’s shareholding.

31 August 2016


Sponsor
Java Capital

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