| Thu 12 Aug 2010, 14:50 | | RDF - Redefine Properties Limited - Result of General Meeting |
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RDF
RDF
RDF - Redefine Properties Limited - Result of General Meeting
Redefine Properties Limited
(formerly Redefine Income Fund Limited)
(Registration No. 1999/018591/06)
Share Code: RDF ISIN Code: ZAE000143178
("Redefine")
RESULT OF GENERAL MEETING IN RELATION TO THE HYPROP INVESTMENTS LIMITED
("HYPROP") TRANSACTIONS
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 ("the offer"),
(collectively "the transactions") and are advised that, at the general meeting
of Redefine unitholders held on Thursday, 12 August 2010, the resolutions
required to approve the implementation of the transactions were passed by
approximately 62% of the Redefine units represented (in person or by proxy) and
voted at the meeting.
Accordingly the offer is now unconditional.
The remaining salient dates in respect of the offer are as follows:
2010
Offer became unconditional Thursday, 12 August
Last day to trade to participate in the offer Friday, 20 August
Record date/closing date of the offer (12:00) Friday, 27 August
Results of offer to be announced on SENS Monday, 30 August
Results of offer to be announced in the press Tuesday, 31 August
CSDP or broker accounts of Hyprop Paid on each Monday
dematerialised unitholders to be updated and as from 16 August
credited with offer consideration within 5 2010 to 30 August
business days of receipt of acceptance by the 2010
transfer secretaries
Cheques to be posted to Hyprop unitholders who Paid on each Monday
have accepted the offer and submitted their as from 16 August
documents of title on or before 12:00 on the 2010 to 30 August
closing date within, 5 business days of 2010
receipt of acceptance by the transfer
secretaries
Notes:
Hyprop unitholders may not dematerialise or rematerialise their combined units
between the business day after the last day to trade and the record date, both
days inclusive.
Dematerialised shareholders are required to notify their CSDP or broker of the
acceptance of the offer by the cut-off time stipulated by their CSDP or broker
in terms of their agreement with the CSDP or broker.
12 August 2010
Corporate advisor, legal advisor and sponsor to Redefine
Java Capital (Proprietary) Limited
Date: 12/08/2010 14:50:01 Produced by the JSE SENS Department.
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