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Dealings in securities by directors of Redefine

Published: 2022-12-07 17:00:39 ET
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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 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:                               5 December 2022
 Class of securities:                            Ordinary shares
 Number of securities:                           392 688
 Total value of transaction:                     R1 598 240.16, being the total deemed value calculated using
                                                 the volume weighted average price for the 5 days as at
                                                 30 November 2022, ex-dividend (“the 5-day VWAP”), of R4.07
                                                 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 following the vesting of
the 2019 award of restricted shares under the Restricted Share Scheme as disclosed in the announcement
released on SENS on 17 December 2019:

 Name of director:                               Andrew König
 Transaction date:                               5 December 2022
 Class of securities:                            Ordinary shares
 Number of securities:                           117 515
 Total value of transaction:                     R478 286.05, being the total deemed value calculated using the
                                                 5-day VWAP of R4.07 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

 Name of director:                               Leon Kok
 Transaction date:                               5 December 2022
 Class of securities:                            Ordinary shares
 Number of securities:                           102 641
 Total value of transaction:                     R417 748.87, being the total deemed value calculated using the
                                                 5-day VWAP of R4.07 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 following the matching
of qualifying shares held for 3 years under the Matching Scheme of the of the Redefine Executive Incentive
Scheme (“the Matching Scheme”) at a maximum of 3, disclosed in the announcement released on SENS on
17 December 2019:

 Name of director:                             Leon Kok
 Transaction date:                             5 December 2022
 Class of securities:                          Ordinary shares
 Number of securities:                         18 191
 Total value of transaction:                   R74 037.37, being the total deemed value calculated using the
                                               5-day VWAP of R4.07 per share
 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 noteholder 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 Redefine Short-Term Incentive
Scheme (“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:                             5 December 2022
 Class of securities:                          Ordinary shares
 Number of securities:                         169 436
 Total value of transaction:                   R689 604.52, being the total deemed value calculated using the
                                               5-day VWAP of R4.07 per share
 Nature of transaction:                        Off-market vesting of deferred shares 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:                             5 December 2022
 Class of securities:                          Ordinary shares
 Number of securities:                         60 905
 Total value of transaction:                   R247 883.35, being the total deemed value calculated using the
                                               5-day VWAP of R4.07 per share
 Nature of transaction:                        Off-market vesting of deferred shares 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:                             5 December 2022
 Class of securities:                          Ordinary shares
 Number of securities:                         124 546, being the total deemed value calculated using the 5-
                                               day VWAP of R4.07 per share
 Total value of transaction:                   R506 902.22
 Nature of transaction:                        Off-market vesting of deferred shares in terms of the STI
                                               Scheme
 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 STI Scheme whereby a portion of the 2022 short-
term incentive payable under the STI Scheme may be settled by the grant of conditional shares under the
Redefine Long-term Incentive Plan (“the LTIP”), which shares will vest in three equal tranches commencing on
30 November 2023 and each year thereafter:

 Name of director:                            Andrew König
 Transaction date:                            5 December 2022
 Class of securities:                         Ordinary shares
 Number of securities:                        656 070
 Price per security:                          Rnil
 Total value of transaction:                  R2 591 476.50, being the total deemed value calculated using
                                              the volume weighted average price for the 5 days as at
                                              5 December 2022, ex-dividend (“the 5-day vwap”), of R3.95 per
                                              share
 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:                            5 December 2022
 Class of securities:                         Ordinary shares
 Number of securities:                        381 090
 Price per security:                          Rnil
 Total value of transaction:                  R1 505 305.50, being the total deemed value calculated using
                                              the 5-day VWAP of R3.95 per share as at 5 December 2022
 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:                            5 December 2022
 Class of securities:                         Ordinary shares
 Number of securities:                        443 316
 Price per security:                          Rnil
 Total value of transaction:                  R1 751 098.20, being the total deemed value calculated using
                                              the 5-day VWAP of R3.95 per share as at 5 December 2022
 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

7 December 2022


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