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

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 referred to the announcement released on SENS on 24 March 2016 wherein shareholders were
advised that Clearwater Property Holdings No 5 (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 10 000 000 Redefine shares, having a long put strike price of R10.9420 and a short call
strike price of R11.9095, which collar would settle on 20 March 2017 (the “settlement date”). The price of Redefine
shares at the settlement date was higher than the long put strike price of R10.9420 and lower than the call strike price
of R11.9095. 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.

23 March 2017


Sponsor
Java Capital

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