RDF
RDF
Redefine - Results of Rights Offer
Redefine Income Fund Limited
(Registration No. 1999/018591/06)
Share Code: RDF & ISIN Code: ZAE000023503
("Redefine")
RESULTS OF RIGHTS OFFER
Further to the announcement published on SENS on 10 April 2006 which set out the
terms and conditions of the rights offer by Redefine of 53 501 834 new Redefine
linked units ("rights units") at a price of R6,20 per unit, Java Capital is
authorised to announce that linked unitholders and/or their renouncees had
subscribed for 27 861 315 rights units (amounting to 52.52% of the rights units)
by the close of the rights offer on Friday, 19 May 2006.
In addition, excess applications were received in respect of 394 015 rights
units, all of which have been allocated to the applicants.
Cash, in an amount of R175 183 046 has been raised as a result of the rights
offer subscription.
Dematerialised unitholders will have their custody accounts credited with the
linked units subscribed for in terms of the rights offer and certificates will
be posted to certificated unitholders today.
Linked unitholders are reminded, in terms of the announcement published on SENS
on 11 May 2006, to exercise caution in dealing with Redefine linked units until
a further announcement is made.
Rosebank
22 May 2006
Corporate and legal advisor and sponsor
Java Capital (Proprietary) Limited
Date: 22/05/2006 03:28:26 PM Produced by the JSE SENS Department
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