REDEFINE PROPERTIES LIMITED - Financial covenant notification

Financial covenant notification

REDEFINE PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/018591/06)
Company code: BIRDF
ISIN: ZAE000190252
LEI: 37890061EC026A7DA532
(Approved as a REIT by the JSE)
(“Redefine”)


FINANCIAL COVENANT NOTIFICATION


Redefine noteholders are advised that the financial covenant in respect of the loan to value ratio (“LTV
ratio”) to be maintained by Redefine for as long as any notes remain outstanding under the
R30 000 000 000 Domestic Medium-Term Note Programme, which LTV ratio shall not exceed 55%
(following the temporary relaxation of the LTV ratio from 50% to 55% for the financial year ended
31 August 2020 and the financial half year ended 28 February 2021) has been measured and maintained
as at 28 February 2021 at 44.5%.

17 May 2021

Debt sponsor
Java Capital
Date: 17-05-2021 07:17:00
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