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REDEFINE PROPERTIES LIMITED - Dealing in securities by a director of the Company

Release Date: 05/02/2021 17:30
Wrap Text
Dealing in securities by 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
Debt company code: BIRDF
(Approved as a REIT by the JSE)
(“Redefine” or “the Company”)


DEALING IN SECURITIES BY A DIRECTOR OF THE COMPANY


Shareholders are advised of the following information relating to the acceptance of awards offered to
Ntobeko Nyawo under the Redefine Restricted Share Scheme pursuant to the terms of his contract of
employment, as a buyout award in lieu of retention shares forfeited. The award will vest in three equal
tranches on 30 November 2021, 30 November 2022 and 30 November 2023, subject to Ntobeko
Nyawo’s continued employment with Redefine on each vesting date:

 Name of director:                           Ntobeko Nyawo
 Transaction date:                           5 February 2021
 Class of securities:                        Ordinary shares
 Number of securities:                       1 178 063
 Total deemed value of transaction:          R3 039 404.00, being the total deemed value calculated
                                             using the ruling share price on 26 November 2020 of
                                             R2.58 per share (being the date of acceptance of the
                                             employment contract)
 Nature of transaction:                      Off-market acceptance of awards offered in terms of the
                                             Redefine Restricted Share Scheme
 Nature and extent of director’s interest:   Direct beneficial
 Clearance to deal received:                 Yes

5 February 2021

Sponsor
Java Capital
Date: 05-02-2021 05:30:00
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