BRIEF-Redefine Properties says to raise about 1 bln rand equity

July 3 Thu Jul 3, 2014 3:09am EDT

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July 3 (Reuters) - Redefine Properties Ltd :

* Announces an equity raising of approximately 1 billion rand through issue of new linked units ( "equity raise")

* Equity raise is subject to pricing acceptable to redefine

* Equity raising will be implemented through an accelerated bookbuild process

* New linked units, when issued, will be credited as fully paid and will rank Pari Passu in all respects with existing linked units. Source text for Eikon: Further company coverage:

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