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” or the “Company”)


DEALINGS IN SECURITIES BY DIRECTORS AND BY THE COMPANY SECRETARY OF THE COMPANY
AND CORRECTION TO DEALINGS IN SECURITIES BY DIRECTORS AND A PRESCRIBED OFFICER
ANNOUNCEMENT


Shareholders and noteholders are advised of the following information relating to the acceptance of awards
offered under the Redefine Long-term Incentive Plan (“LTIP”). The awards will vest on 30 November 2025,
subject to the fulfilment of performance and employment conditions in line with the company’s approach on
performance related incentives:

 Name of director:                                            Andrew König
 Transaction date:                                            7 November 2022
 Class of securities:                                         Ordinary shares
 Number of securities:                                        1 023 893
 Total deemed value of transaction:                           R3 962 465.91, being the total deemed
                                                              value calculated using the volume
                                                              weighted average price for the 5 days as
                                                              at 7 November 2022, ex-dividend (the “5
                                                              day VWAP”), of R3.87 per share
 Nature of transaction:                                       Off-market acceptance of awards 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:                                            7 November 2022
 Class of securities:                                         Ordinary shares
 Number of securities:                                        605 238
 Total deemed value of transaction:                           R2 342 271.06, being the total deemed
                                                              value calculated using the 5 day VWAP, of
                                                              R3.87 per share
 Nature of transaction:                                       Off-market acceptance of awards 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:                                            7 November 2022
 Class of securities:                                         Ordinary shares
 Number of securities:                                        704 063
 Total deemed value of transaction:                           R2 724 723.81, being the total deemed
                                                              value calculated using the 5 day VWAP, of
                                                              R3.87 per share
 Nature of transaction:                                       Off-market acceptance of awards offered in
                                                              terms of the LTIP
 Nature and extent of director’s interest:                    Direct beneficial
 Clearance to deal received:                                  Yes
 Name of company secretary:                                      Anda Matwa
 Transaction date:                                               7 November 2022
 Class of securities:                                            Ordinary shares
 Number of securities:                                           133 234
 Total deemed value of transaction:                              R515 615.58, being the total deemed
                                                                 value calculated using the 5 day VWAP, of
                                                                 R3.87 per share
 Nature of transaction:                                          Off-market acceptance of awards offered in
                                                                 terms of the LTIP
 Nature and extent of director’s interest:                       Direct beneficial
 Clearance to deal received:                                     Yes

Shareholders and noteholders are referred to the announcement published on SENS on 15 December 2021
advising, inter alia, of the award and acceptance of shares pursuant to the provisions of the Redefine Short-
Term Incentive Scheme (“the STI Scheme”), whereby a portion of the 2021 short-term incentives payable under
the STI Scheme may be settled by the grant of conditional shares under the LTIP, which shares vest in three
equal tranches commencing on 30 November 2022 and each year thereafter. Shareholders are advised that as
a result of a misinterpretation of the calculation methodology, the total share allocation value and the share
awards announced have been adjusted as follows:

 Name of director:                           Andrew König
 Total value of transaction:                 R2 211 144.15 being the total deemed value calculated using
                                             the volume weighted average price for the 5 days prior to the
                                             award date, ex-dividend, of R4.35 per share (“the 5-day
                                             VWAP”) as at 3 December 2021
 Number of securities:                       508 309

 Name of director:                           Leon Kok
 Total value of transaction:                 R1 625 329.65, being the total deemed value calculated using
                                             the 5-day VWAP as at 3 December 2021
 Number of securities:                       373 639

 Name of director:                           Ntobeko Nyawo
 Total value of transaction:                 R794 818.95, being the total deemed value calculated using the
                                             5-day VWAP as at 3 December 2021
 Number of securities:                       182 717

 Name of prescribed officer:                 Mike Ruttell
 Total value of transaction:                 R998 072.70, being the total deemed value calculated using the
                                             5-day VWAP as at 3 December 2021
 Number of securities:                       229 442

8 November 2022


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