JSE-and AIM-listed Redefine Properties International, part of Redefine Properties stable, announced on Wednesday that a final divided for the 11 months ended August 2010 has been approved at the company's extraordinary general meeting.

"Subsequently, and following the announcement on 11 November 2010, the company confirms that an aggregate of 429 252 new ordinary shares of one pence in Redefine International have been issued to shareholders as a scrip dividend," the group said.