RDF - Redefine Income Fund Limited - Dealing in se
RDF
RDF
RDF - Redefine Income Fund Limited - Dealing in securities announcement
Redefine Income Fund Limited
(Registration No. 1999/018591/06)
Share Code: RDF ISIN Code: ZAE000023503
("Redefine" or the "company")
DEALING IN SECURITIES ANNOUNCEMENT
In compliance with sections 3.63 - 3.73 of the Listings Requirements of the
JSE Limited, Redefine discloses that it has been notified by Madison
Property Fund Managers Limited ("Madison"), that on 26 July 2007 Madison
disposed of 1,028,333 Redefine linked units at a price of R7.7082 per
linked unit (with a total value of approximately R7,926,596). On 27 July
2007 Madison disposed of a further 100,000 Redefine linked units at a price
of R7.70 per linked unit (with a total value of R770,000). The Redefine
linked units were surplus to Madison`s requirement for the hedge against a
staff bonus scheme which is linked to the performance of the Redefine
linked unit price. Marc Wainer and Wolf Cesman who are directors of
Redefine are also directors and unitholders of Madison.
As the transaction does not relate to a director`s dealing in Redefine
securities, no clearance to deal was required in terms of paragraph 3.66 of
the JSE Listings Requirements.
Johannesburg
30 July 2007
Sponsor
Java Capital (Proprietary) Limited
Date: 30/07/2007 16:59:01 Produced by the JSE SENS Department.
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