Redefine LTIP acquires shares to settle vested awards
The Redefine Long-Term Incentive Plan (LTIP) has acquired Redefine ordinary shares through on-market transactions on two separate dates in December 2025. These purchases are intended to settle awards that have vested in favor of the company's directors and employees, as previously announced on SENS.
The first transaction occurred on December 9, 2025, involving 3,754,269 ordinary shares. The highest price paid per security on this day was R5.89, the lowest was R5.73, and the weighted average price settled at R5.83650. The total value for this transaction amounted to R21,911,791.02, with clearance to deal received.
A second acquisition took place on December 12, 2025, comprising 1,364,330 ordinary shares. For this transaction, the highest traded price per security was R5.90, the lowest was R5.77, and the weighted average price was R5.85030. The total value of this acquisition reached R7,981,739.80, also with clearance to deal received.
These dealings by the LTIP reflect the ongoing commitment to its incentive programs, ensuring the settlement of vested awards for its personnel. Java Capital is the sponsor for Redefine Properties Limited.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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