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RDF - Redefine Properties Limited - Update on Hyprop investments Limited
("Hyprop") transaction
Redefine Properties Limited
(formerly Redefine Income Fund Limited)
(Registration No. 1999/018591/06)
Share Code: RDF ISIN Code: ZAE000143178
("Redefine")
UPDATE ON HYPROP INVESTMENTS LIMITED ("HYPROP") TRANSACTION
Redefine unitholders are referred to the previous announcements in relation to:
1. the proposed acquisition by Redefine of 19 686 558 Hyprop units from
Coronation Asset Management (Proprietary) Limited (the "acquisition"); and
2. the mandatory offer to Hyprop unitholders that will be triggered on the
implementation of the acquisition,
(collectively "the transactions").
Unitholders are advised that Redefine has given an undertaking to certain of its
major unitholders that after and subject to the implementation of the
transactions, Redefine will not acquire any further units in Hyprop without
first seeking and obtaining the approval of Redefine unitholders by way of an
ordinary resolution at a general meeting of Redefine unitholders.
11 August 2010
Corporate advisor, legal advisor and sponsor to Redefine
Java Capital (Proprietary) Limited
Date: 11/08/2010 12:00:01 Produced by the JSE SENS Department.
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