Redefine Properties Limited (JSE:RDF) News - Invitation to EPP shareholders to offer to sell EPP shares to Redefine

REDEFINE PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration no: 1999/018591/06)
JSE share code: RDF ISIN: ZAE000190252
Debt company code: BIRDF
(Approved as a REIT by the JSE)
("Redefine" or the "company")


INVITATION TO EPP SHAREHOLDERS TO OFFER TO SELL EPP SHARES TO REDEFINE


Reference is made to the various SENS announcements with regard to Redefine's offer to EPP N.V.
("EPP") shareholders made in the context of the delisting of EPP shares from the JSE and LuxSE,
the latest of which announcements was released on 7 March 2022.

The listing of EPP shares on the JSE and LuxSE terminated on 8 March 2022 and the Redefine
offer that accompanied the EPP delisting (as defined and detailed in the EPP circular issued on
17 December 2021) has closed. Accordingly, EPP shareholders no longer have access to a stock
exchange platform on which to sell their EPP shares and the Redefine offer is no longer open for
acceptance.

In order to provide EPP shareholders who did not accept the Redefine offer and who wish to sell
unlisted EPP shares with liquidity, Redefine (which holds in excess of 95% of EPP issued shares)
is amenable, for a limited period, to purchasing additional EPP shares in exchange for Redefine
shares by way of off-market transactions.

EPP shareholders who wish to sell EPP shares are invited to contact their CSDP or broker in this
regard before 17h00 on Tuesday, 19 April 2022, in order for arrangements to be made for a potential
off-market sale of EPP shares to Redefine at the same swap ratio (2.7 Redefine shares for each
EPP share) and otherwise on materially the same terms as the Redefine offer made in terms of the
EPP delisting transaction. The expected date on which agreements for the acquisition by Redefine
of additional unlisted EPP shares will be implemented and the Redefine consideration shares
credited to the CSDP accounts of vendor EPP shareholders is Monday, 25 April 2022.

This announcement does not constitute an offer by Redefine to purchase EPP shares, and any
transaction will be subject to further agreement. Redefine reserves the right to withdraw its proposed
acquisition of additional EPP shares at any time without notice.

Queries in regard to the proposal summarised in this announcement may be directed to jtyndale-
biscoe@javacapital.co.za.

10 March 2022


Sponsor and corporate advisor
Java Capital

Date: 10-03-2022 12:10:00
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