Sharenet Sites 
Sharenet Sites
Dealings in securities by directors and associates of directors of Redefine
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”)
DEALINGS IN SECURITIES BY DIRECTORS AND ASSOCIATES OF DIRECTORS OF REDEFINE
Shareholders are hereby advised of the following dealings in securities in relation to the vesting of the first
tranche of the award of shares, made pursuant to the provisions of the Redefine Short-Term Incentive Scheme
(“the STI Scheme”), whereby a portion of the 2015 short-term incentive payable under the STI Scheme was
settled by the grant of restricted shares under the Restricted Share Scheme as disclosed in the announcement
released on SENS on 17 November 2015. The STI Scheme purchased 387 687 shares on-market at a weighted
average price of R10.3103 per share in order to settle the following awards on 12 December 2016*:
Name of director: Marc Wainer
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 113 910
Total value of transaction: R1 174 447.027
Nature of transaction: Off-market vesting of shares in terms of the Restricted
Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Vesting of restricted shares occurs automatically in terms of
the Restricted Share Scheme
Name of director: Andrew König
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 86 749
Total value of transaction: R894 411.153
Nature of transaction: Off-market vesting of shares in terms of the Restricted
Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Vesting of restricted shares occurs automatically in terms of
the Restricted Share Scheme
Name of director: David Rice
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 76 628
Total value of transaction: R790 063.186
Nature of transaction: Off-market vesting of shares in terms of the Restricted
Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Vesting of restricted shares occurs automatically in terms of
the Restricted Share Scheme
Name of director: Leon Kok
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 66 611
Total value of transaction: R686 779.993
Nature of transaction: Off-market vesting of shares in terms of the Restricted
Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Vesting of restricted shares occurs automatically in terms of
the Restricted Share Scheme
Name of director: Mike Ruttell
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 43 787
Total value of transaction: R451 464.677
Nature of transaction: Off-market vesting of shares in terms of the Restricted
Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Vesting of restricted shares occurs automatically in terms of
the Restricted Share Scheme
* Highest traded price per security: R10.42 and lowest traded price per security: R10.27.
Shareholders are hereby advised of the following dealings in securities following the vesting of the restricted
shares under the Restricted Unit Scheme as disclosed above:
Name of director: Marc Wainer
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 113 910
Highest traded price per security:* R10.42
Weighted average price per security: R10.3522
Lowest traded price per security:* R10.27
Total value of transaction: R1 179 219.102
Nature of transaction: On-market sale
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Andrew König
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 36 868
Highest traded price per security:* R10.42
Weighted average price per security: R10.3522
Lowest traded price per security:* R10.27
Total value of transaction: R381 664.910
Nature of transaction: On-market sale
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: David Rice
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 76 628
Highest traded price per security:* R10.42
Weighted average price per security: R10.3522
Lowest traded price per security:* R10.27
Total value of transaction: R793 268.382
Nature of transaction: On-market sale
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Mike Ruttell
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 43 787
Highest traded price per security:* R10.42
Weighted average price per security: R10.3522
Lowest traded price per security:* R10.27
Total value of transaction: R453 291.781
Nature of transaction: On-market sale
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Shareholders are further advised of the following information relating to the award of shares pursuant to the
provisions of the Redefine Short-Term Incentive Scheme (“the STI scheme”) whereby a portion of the 2016
short-term incentive payable under the STI scheme may be settled by the grant of restricted shares under the
Restricted Share Scheme; which shares will vest in three equal tranches on 30 November 2017 and each year
thereafter:
Name of director: Marc Wainer
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 496 390
Price per security: RNil
Total value of transaction: R5 117 781.00, being the total deemed value calculated
using the volume weighted average price for the 5 days
prior to the transaction date, ex dividend, of R10.31 per
share (“the 5 day vwap”)
Nature of transaction: Off-market acceptance of restricted shares
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Andrew König
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 362 723.569
Price per security: RNil
Total value of transaction: R3 739 680.00, being the total deemed value calculated
using the 5 day vwap
Nature of transaction: Off-market acceptance of restricted shares
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: David Rice
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 308 962.755
Price per security: RNil
Total value of transaction: R3 185 406.00, being the total deemed value calculated
using the 5 day vwap
Nature of transaction: Off-market acceptance of restricted shares
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Leon Kok
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 278 519.884
Price per security: RNil
Total value of transaction: R2 871 540.00, being the total deemed value calculated
using the 5 day vwap
Nature of transaction: Off-market acceptance of restricted shares
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Mike Ruttell
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 178 952.473
Price per security: RNil
Total value of transaction: R1 845 000.00, being the total deemed value calculated
using the 5 day vwap
Nature of transaction: Off-market acceptance of restricted shares
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 vesting of the fourth tranche of the
award of restricted shares under the Restricted Share Scheme of the Redefine Executive Incentive Scheme (“the
Restricted Share Scheme”) disclosed in the announcement released on SENS on 7 May 2013. The Restricted
Share Scheme purchased 971 970 shares on-market at a weighted average price of R10.3103 per share in order
to settle the following awards on 12 December 2016*:
Name of director: Marc Wainer
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 287 000
Total value of transaction: R2 959 056.10
Nature of transaction: Off-market vesting of shares in terms of the Restricted
Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Vesting of restricted shares occurs automatically in terms of
the Restricted Share Scheme
Name of director: Andrew König
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 172 440
Total value of transaction: R1 777 908.132
Nature of transaction: Off-market vesting of shares in terms of the Restricted
Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Vesting of restricted shares occurs automatically in terms of
the Restricted Share Scheme
Name of director: David Rice
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 215 550
Price per security: R10.3103
Total value of transaction: R2 222 385.165
Nature of transaction: Off-market vesting of shares in terms of the Restricted
Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Vesting of restricted shares occurs automatically in terms of
the Restricted Share Scheme
* Highest traded price per security: R10.42 and lowest traded price per security: R10.27.
Shareholders are further advised of the following dealings in securities following the vesting of the fourth
tranche of restricted shares under the Restricted Unit Scheme disclosed above:
Name of director: Andrew König
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 73 287
Highest traded price per security:* R10.42
Weighted average price per security: R10.3522
Lowest traded price per security:* R10.27
Total value of transaction: R758 681.681
Nature of transaction: On-market sale
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: David Rice
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 91 609
Highest traded price per security:* R10.42
Weighted average price per security: R10.3522
Lowest traded price per security:* R10.27
Total value of transaction: R948 354.690
Nature of transaction: On-market sale
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Shareholders are further advised of the following dealings in securities in relation to the vesting of the third
tranche of the award of restricted shares under the Restricted Share Scheme disclosed in the announcement
released on SENS on 28 November 2014. The Restricted Share Scheme purchased 296 980 shares on-market at
a weighted average price of R10.3103 per share in order to settle the following awards on 12 December 2016*:
Name of director: Leon Kok
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 153 280
Total value of transaction: R1 580 362.784
Nature of transaction: Off-market vesting of shares in terms of the Restricted
Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Vesting of restricted shares occurs automatically in terms of
the Restricted Share Scheme
Name of director: Mike Ruttell
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 143 700
Price per security: R10.3103
Total value of transaction: R1 481 590.11
Nature of transaction: Off-market vesting of shares in terms of the Restricted
Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Vesting of restricted shares occurs automatically in terms of
the Restricted Share Scheme
* Highest traded price per security: R10.42 and lowest traded price per security: R10.27.
Shareholders are further advised of the following information relating to the grant and acceptance of shares
offered under the Restricted Share Scheme in accordance with the following conditions:
- upon the acceptance of the award of restricted shares under the Restricted Share Scheme (“restricted
shares”), vesting will occur on 30 November 2019; and
- 75% of the award is subject to certain performance conditions relating to growth in distributions per share
in relation to peer companies, performance relative to approved budget and achievement of individual key
performance indicators.
Name of director: Marc Wainer
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 475 000
Price per security: Rnil
Total value of transaction: R4 897 250.00, being the total deemed value calculated
using the volume weighted average price for the 5 days
prior to the transaction date, ex dividend, of R10.31 per
share (“the 5 day vwap”)
Nature of transaction: Off-market acceptance of the restricted shares offered in
terms of the Restricted Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Andrew König
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 365 000
Price per security: Rnil
Total value of transaction: R3 763 150.00, being the total deemed value calculated
using the 5 day vwap
Nature of transaction: Off-market acceptance of the restricted shares offered in
terms of the Restricted Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: David Rice
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 267 000
Price per security: Rnil
Total value of transaction: R2 752 770.00, being the total deemed value calculated
using the 5 day vwap
Nature of transaction: Off-market acceptance of the restricted shares offered in
terms of the Restricted Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Leon Kok
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 248 000
Price per security: Rnil
Total value of transaction: R2 556 880.00, being the total deemed value calculated
using the 5 day vwap
Nature of transaction: Off-market acceptance of the restricted shares offered in
terms of the Restricted Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Mike Ruttell
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 163 000
Price per security: Rnil
Total value of transaction: R1 680 530.00, being the total deemed value calculated
using the 5 day vwap
Nature of transaction: Off-market acceptance of the restricted shares offered in
terms of the Restricted Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Shareholders are also advised of the following dealings in securities in relation to the matching of qualifying
shares held for 3 years under the Matching Scheme of the Redefine Executive Incentive Scheme (“the
Matching Scheme”) at a maximum multiple of 3, disclosed in the announcement released on SENS on 29
November 2013.
Name of director: Marc Wainer
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 301 979
Price per security: R10.3103
Total value of transaction: R3 113 494.083
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 König
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 261 005
Price per security: R10.3103
Total value of transaction: R2 691 039.851
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 company secretary: David Rice
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 239 766
Price per security: R10.3103
Total value of transaction: R2 472 059.389
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 company secretary: Mike Ruttell
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 21 505
Price per security: R10.3103
Total value of transaction: R221 723.001
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
Shareholders are also advised of the following dealings in securities following the matching of qualifying
shares under the Matching Scheme disclosed above:
Name of director: Andrew König
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 110 927
Price per security: R10.3522
Total value of transaction: R1 148 338.489
Nature of transaction: On-market sale
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of company secretary: David Rice
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 101 901
Price per security: R10.3522
Total value of transaction: R1 054 899.532
Nature of transaction: On-market sale
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Shareholders are also advised of the following dealings in securities in relation to the purchase of shares under
the Matching Scheme of the Redefine Executive Incentive Scheme (“the Matching Scheme”):
Name of director: Marc Wainer
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 138 117
Price per security: R10.46
Total value of transaction: R1 444 703.820
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 König
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 126 101
Price per security: R10.46
Total value of transaction: R1 319 016.460
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 company secretary: David Rice
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 107 411
Price per security: R10.46
Total value of transaction: R1 123 519.060
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: Leon Kok
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 96 828
Price per security: R10.46
Total value of transaction: R1 012 820.880
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 company secretary: Mike Ruttell
Transaction date: 12 December 2016
Class of securities: Ordinary shares
Number of securities: 9332
Price per security: R10.46
Total value of transaction: R97 612.720
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
19 December 2016
Sponsor
Java Capital
Date: 19/12/2016 05:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
