RDF - Redefine Properties Limited - Results of the shareholders meeting
RDF
RDF
RDF - Redefine Properties Limited - Results of the shareholders meeting
and the debenture holders meeting and update on Arrowhead Properties
Limited
Redefine Properties Limited
(Registration No. 1999/018591/06)
Share Code: RDF ISIN Code: ZAE000143178
("Redefine")
RESULTS OF THE SHAREHOLDERS MEETING AND THE DEBENTURE HOLDERS MEETING
("MEETINGS") AND UPDATE ON ARROWHEAD PROPERTIES LIMITED ("ARROWHEAD")
Unitholders are advised that at the meetings of Redefine shareholders and
debenture holders held on Friday, 28 October 2011, all of the resolutions
detailed in the notice of general meeting, other than the resolution to
provide the directors of Redefine a general authority to issue shares for
cash, were passed by the requisite majority.
The resolutions approved included the resolution necessary to approve the
distribution of the Arrowhead linked units to Redefine unitholders (the
"Arrowhead distribution"). As detailed in the circular issued to Redefine
unitholders on 30 September 2011, it is a condition (the "condition") to
the Arrowhead distribution and the listing of Arrowhead A and B linked
units in the "Real Estate Holdings and Development" sector of the JSE,
that more than half (in value) of the owned properties sold to Arrowhead
by Redefine are registered into Arrowhead`s name.
A further announcement setting out the date of the Arrowhead distribution
and listing will be made once the condition has been fulfilled.
28 October 2011
Sponsor
Java Capital
Date: 28/10/2011 12:08:10 Produced by the JSE SENS Department.
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