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

Release Date: 31/08/2018 17:00
Code(s): RDF
 
Wrap Text
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 Capital (Holdings) (Pty) Ltd ("Clearwater Capital
                                            Holdings")
Name of director:                           Harish Mehta
Relationship to director:                   Manton No. 1 (Pty) Ltd ("Manton"), which is wholly owned by
                                            The HKM Family Trust (of which Harish Mehta is a trustee
                                            and beneficiary), is a shareholder of Clearwater Capital
                                            Holdings. Harish Mehta is a director of Manton and the sole
                                            director of Clearwater Capital Holdings.
                                            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 also a shareholder of Clearwater
                                            Capital Holdings
Transaction date:                           31 August 2018
Class of securities:                        Ordinary shares
Nature of transaction:                      Off-market zero cost collar hedge over 700 000 Redefine
                                            shares with a short put strike price of R9.54, a long put strike
                                            price of R10.60 and a call strike price of R11.00 and an
                                            expiry date of 30 August 2019
Nature and extent of director's interest:   Indirect beneficial

31 August 2018


Sponsor
Java Capital

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