Results of dividend re-investment alternative
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")
THIS ANNOUNCEMENT IS NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR TO
ANY U.S. PERSON (AS DEFINED IN REGULATION S UNDER THE US SECURITIES ACT (AS DEFINED BELOW)). THE DISTRIBUTION OF THIS
ANNOUNCEMENT MAY BE RESTRICTED BY LAW IN CERTAIN JURISDICTIONS AND PERSONS INTO WHOSE POSSESSION ANY DOCUMENT OR OTHER
INFORMATION REFERRED TO HEREIN COMES, SHOULD INFORM THEMSELVES ABOUT AND OBSERVE ANY SUCH RESTRICTION. ANY FAILURE TO
COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
RESULTS OF DIVIDEND RE-INVESTMENT ALTERNATIVE
Shareholders are referred to the declaration of a cash dividend of 49.19 cents per share (the "cash dividend") with an
election to reinvest the cash dividend in return for Redefine shares (the "share reinvestment alternative"),
announced on SENS on 6 May 2019 (the "declaration announcement") for the six months ended 28 February 2019
and the announcement of the reinvestment price per new share (being R9.50 per share) applicable to Redefine
shareholders electing the share alternative, released on SENS on 14 May 2019.
Shareholders holding 553 086 374 Redefine shares or 10.23% of Redefine shares (prior to the election) qualifying to
receive the cash dividend elected to receive the share alternative, resulting in the issue of 27 383 443 new Redefine
shares, retaining R260 157 209.54 (based on the issue price of R9.50 per new share after accounting for the applicable
dividend withholding tax in respect of non-resident shareholders) in new equity for Redefine. Accordingly, a total
cash dividend of R2 386 362 585.95 is payable today in respect of 4 851 316 494 Redefine shares.
Certificated shareholders who did not elect the share alternative in respect of some or all of their shares and who have
provided their bank details to Redefine's transfer secretaries will have their bank accounts credited on Monday,
27 May 2019. Share certificates in respect of certificated shareholders who did elect the share alternative in respect of
some or all of their shares will be posted on Wednesday, 29 May 2019 to certificated shareholders at their risk. The
Central Securities Depository Participants or broker custody accounts of dematerialised shareholders who did not elect
the share alternative in respect of some or all of their shares will be credited with the cash dividend on Monday,
27 May 2019 and the Central Securities Depository Participants or broker custody accounts of dematerialised
shareholders who did elect the share alternative in respect of some or all of their shares will be credited on
Wednesday, 29 May 2019 with their new Redefine shares.
This announcement does not constitute or form part of an offer to sell securities, or the solicitation of any offer to buy
or subscribe for any securities, to or from any person in the United States (or to, or for the account or benefit of, any
such person or any U.S. person) or in any other jurisdiction in which, or to or from any other person to or from whom,
such offer or solicitation is unlawful. The securities referred to in this announcement have not been and will not be
registered under the US Securities Act of 1933, as amended (the "US Securities Act"), and may not be offered or sold
in the United States or to, or for the account or benefit of, U.S. persons absent registration with the United States
Securities and Exchange Commission or an exemption from registration. There will be no public offer of the securities
in the United States.
27 May 2019
Corporate advisor and sponsor
Date: 27/05/2019 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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