Dealings in securities by directors of Redefine
REDEFINE PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/018591/06)
JSE share code: RDF ISIN: ZAE000190252
LEI: 37890061EC026A7DA532
Debt company code: BIRDF
(Approved as a REIT by the JSE)
("Redefine")
DEALINGS IN SECURITIES BY DIRECTORS OF REDEFINE
Shareholders and noteholders are advised of the following dealing in securities following the vesting of the
third tranche of restricted shares awarded under the Restricted Share Scheme of the Redefine Executive
Incentive Scheme ("the Restricted Share Scheme") as disclosed in the announcement released on SENS
on 5 February 2021:
Name of director: Ntobeko Nyawo
Transaction date: 30 November 2023
Class of securities: Ordinary shares
Number of securities: 392 688
Total value of transaction: R1 335 178.47, being the total deemed value calculated
using the volume weighted average price for the 5 days as at
30 November 2023, ex-dividend ("the 5-day vwap"), of
R3.4001 per share
Nature of transaction: Off-market vesting of shares in terms of the Restricted Share
Scheme
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Vesting of restricted shares occurs automatically in terms of
the Restricted Share Scheme
Shareholders and noteholders are further advised of the following dealings in securities in relation to the
matching of qualifying shares held under the Matching Scheme of the Redefine Executive Incentive Scheme
("the Matching Scheme") at a maximum multiple of 3, disclosed in the announcement released on SENS
on 8 December 2021:
Name of director: Leon Kok
Transaction date: 30 November 2023
Class of securities: Ordinary shares
Number of securities: 59 037
Total value of transaction: R200 731.70, being the total deemed value calculated using
the 5-day VWAP of R3.4001 per share as at
30 November 2023
Nature of transaction: Off-market vesting of shares in terms of the Matching Scheme
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Vesting of matching shares occurs automatically in terms of
the Matching Scheme
Shareholders and noteholders are further advised of the following dealings in securities in relation to the
vesting of shares, made pursuant to the provisions of the Redefine Long-term Incentive Plan ("the LTIP")
disclosed in the announcement released on SENS on 19 August 2021. The vested shares are subject to a
2-year post vesting holding period. The vested shares may not be disposed of or otherwise encumbered at
any time from the date of settlement up to and including the expiry of the holding period:
Name of director: Andrew Konig
Transaction date: 30 November 2023
Class of securities: Ordinary shares
Number of securities: 1 296 465
Total value of transaction: R4 408 110.65, being the total deemed value calculated
using the 5-day VWAP of R3.4001 per share as at
30 November 2023
Nature of transaction: Off-market vesting of shares offered in terms of the LTIP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Ntobeko Nyawo
Transaction date: 30 November 2023
Class of securities: Ordinary shares
Number of securities: 766 359
Total value of transaction: R2 605 697.24, being the total deemed value calculated
using the 5-day VWAP of R3.4001 per share as at
30 November 2023
Nature of transaction: Off-market vesting of shares offered in terms of the LTIP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Leon Kok
Transaction date: 30 November 2023
Class of securities: Ordinary shares
Number of securities: 891 492
Total value of transaction: R3 031 161.95, being the total deemed value calculated
using the 5-day VWAP of R3.4001 per share as at
30 November 2023
Nature of transaction: Off-market vesting of shares offered in terms of the LTIP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Shareholder and noteholders are further advised of the following information relating to the grant and
acceptance of deferred shares offered pursuant to the provisions of the Redefine Short-Term Incentive
Scheme ("STI Scheme") whereby a portion of the 2023 short-term incentive payable under the STI Scheme
may be settled by the grant of conditional shares under the LTIP, which shares will vest in three equal
tranches commencing on 30 November 2024 and each year thereafter:
Name of director: Andrew Konig
Transaction date: 30 November 2023
Class of securities: Ordinary shares
Number of securities: 587 801
Price per security: Rnil
Total value of transaction: R1 998 582.18, being the total deemed value calculated
using the 5-day VWAP of R3.4001 per share as at
30 November 2023
Nature of transaction: Off-market acceptance of deferred shares offered in terms of
the STI Scheme
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Ntobeko Nyawo
Transaction date: 30 November 2023
Class of securities: Ordinary shares
Number of securities: 391 261
Price per security: Rnil
Total value of transaction: R1 330 326.53, being the total deemed value calculated
using the 5-day VWAP of R3.4001 per share as at
30 November 2023
Nature of transaction: Off-market acceptance of deferred shares offered in terms of
the STI Scheme
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Leon Kok
Transaction date: 30 November 2023
Class of securities: Ordinary shares
Number of securities: 435 664
Price per security: Rnil
Total value of transaction: R1 481 301.17, being the total deemed value calculated
using the 5-day VWAP of R3.4001 per share as at
30 November 2023
Nature of transaction: Off-market acceptance of deferred shares offered in terms of
the STI Scheme
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Shareholders and noteholders are further advised of the following dealings in securities in relation to the
vesting of the deferred award of shares, made pursuant to the provisions of the STI Scheme, disclosed in
the announcements released on SENS on 15 December 2021 and 8 November 2022:
Name of director: Andrew Konig
Transaction date: 30 November 2023
Class of securities: Ordinary shares
Number of securities: 388 126
Total value of transaction: R1 319 667.21, being the total deemed value calculated
using the 5-day VWAP of R3.4001 per share as at
30 November 2023
Nature of transaction: Off-market vesting of deferred shares offered in terms of the
STI Scheme
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Vesting of the deferred award shares occurs automatically in
terms of the STI Scheme
Name of director: Ntobeko Nyawo
Transaction date: 30 November 2023
Class of securities: Ordinary shares
Number of securities: 187 936
Total value of transaction: R639 001.19, being the total deemed value calculated using
the 5-day VWAP of R3.4001 per share as at
30 November 2023
Nature of transaction: Off-market vesting of deferred shares offered in terms of the
STI Scheme
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Vesting of the deferred award shares occurs automatically in
terms of the STI Scheme
Name of director: Leon Kok
Transaction date: 30 November 2023
Class of securities: Ordinary shares
Number of securities: 272 318
Total value of transaction: R925 908.43, being the total deemed value calculated using
the 5-day VWAP of R3.4.001 per share as at
30 November 2023
Nature of transaction: Off-market vesting of deferred shares offered in terms of the
STI Scheme
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Vesting of the deferred award shares occurs automatically in
terms of the STI Scheme
6 December 2023
Sponsor
Java Capital
Date: 06-12-2023 05:30:00
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