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REDEFINE PROPERTIES LIMITED - Results of share re-investment alternative

Wrap Text
Results of share re-investment alternative

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")

THIS ANNOUNCEMENT IS NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE 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 U.S. 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 SHARE RE-INVESTMENT ALTERNATIVE


Shareholders are referred to the declaration of a cash dividend of 22.25110 cents per share (the
"cash dividend") with an election to reinvest the cash dividend in return for Redefine shares (the
"share re-investment alternative"), announced on SENS on 8 November 2024 (the "declaration
announcement") for the six-month period ended 31 August 2024 and the announcement of the
reinvestment price per new share (being R4.45 per share) applicable to Redefine shareholders
electing the share re-investment alternative, announced on SENS on 19 November 2024.

Shareholders holding 3 019 415 264 Redefine shares or 42.81% of Redefine shares (prior to the
election) qualifying to receive the cash dividend elected to receive the share re-investment
alternative, resulting in the issue of 150 180 791 new Redefine shares, retaining R668 308 372.46
in new equity for Redefine. Accordingly, a total cash dividend of R840 752 161.27 is payable today
in respect of 3 778 474 592 Redefine shares.

Certificated shareholders who did not elect the share re-investment 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, 2 December 2024. Share certificates in respect of
certificated shareholders who did elect the share re-investment alternative in respect of some or all
of their shares will be posted on Wednesday, 4 December 2024 to certificated shareholders at their
risk. The Central Securities Depository Participants ("CSDP") or broker custody accounts of
dematerialised shareholders who did not elect the share re-investment alternative in respect of some
or all of their shares will be credited with the cash dividend on Monday, 2 December 2024 and the
CSDP or broker custody accounts of dematerialised shareholders who did elect the share re-
investment alternative in respect of some or all of their shares will be credited on Wednesday,
4 December 2024 with their new Redefine shares.

Disclaimer

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.

2 December 2024


Corporate advisor and sponsor
Java Capital

Date: 02-12-2024 09:38:00
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