Current
share price Loading...
Opening
share price Loading...
Movement Loading...
•••

SENS announcement

Dealing in securities by a director of the Company

Published: 05 Feb 2021
Dealing in securities by a director of the Company

REDEFINE PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/018591/06)
JSE share code: RDF ISIN: ZAE000190252
Debt company code: BIRDF
(Approved as a REIT by the JSE)
(“Redefine” or “the Company”)


DEALING IN SECURITIES BY A DIRECTOR OF THE COMPANY


Shareholders are advised of the following information relating to the acceptance of awards offered to
Ntobeko Nyawo under the Redefine Restricted Share Scheme pursuant to the terms of his contract of
employment, as a buyout award in lieu of retention shares forfeited. The award will vest in three equal
tranches on 30 November 2021, 30 November 2022 and 30 November 2023, subject to Ntobeko
Nyawo’s continued employment with Redefine on each vesting date:

Name of director: Ntobeko Nyawo
Transaction date: 5 February 2021
Class of securities: Ordinary shares
Number of securities: 1 178 063
Total deemed value of transaction: R3 039 404.00, being the total deemed value calculated
using the ruling share price on 26 November 2020 of
R2.58 per share (being the date of acceptance of the
employment contract)
Nature of transaction: Off-market acceptance of awards offered in terms of the
Redefine Restricted Share Scheme
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes

5 February 2021

Sponsor
Java Capital
Date: 05-02-2021 05:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
MENU