Enhanced Investments - Financial Portal

Dealings in securities by directors of Redefine

Published: 2023-12-06 18:30:47 ET

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 König
 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 König
 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 König
 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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.