VINEYARD ROAD INVESTMENTS (RF) LIMITED - VIYI - Notification of the Voting Results in Respect of the Request for Written Consent of All Noteholders

VIYI - Notification of the Voting Results in Respect of the Request for Written Consent of All Noteholders

Vineyard Road Investments (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2015/055700/06)
Company code: VIYI
LEI: 37890056B3FAD9D30111
(“Vineyard” or the “Issuer”)


NOTIFICATION OF THE VOTING RESULTS IN RESPECT OF THE REQUEST FOR WRITTEN CONSENT OF ALL
NOTEHOLDERS

Noteholders of unlisted notes are referred to the notice of request for written consent disseminated by Strate
on Thursday, 25 August 2022 (the “Consent Request”), in which the Extraordinary Resolution set out below was
proposed:

-    Extraordinary Resolution No. 1:

     Pursuant to Condition 10.3.12 of the Terms and Conditions, the Noteholders approve the amendment to
     the section of the Applicable Transaction Supplement headed Participating Assets, by the deletion of the
     following paragraph under the paragraph headed Portfolio Covenants:

     "For as long as the aggregate Maturity Amount of notes in issue is greater than R1 000 000 000, the Issuer
     may hold NCDs with a face value equal to no greater than the amount equal to the following percentages of
     the aggregate Maturity Amount of Notes then in issue in respect of the following Obligors:
              (a) 40% in the case of each of FirstRand Bank Limited, Absa Bank Limited, Nedbank Limited and the
                  Standard Bank of South Africa Limited; and
              (b) 30% in the case of Investec Bank Limited"

     and the replacement thereof with the following paragraph:

     "For as long as the aggregate Maturity Amount of Notes in issue is greater than R1 000 000 000, the Issuer
     may hold NCDs with a face value equal to no greater than the amount equal to the following percentages of
     the aggregate Maturity Amount of Notes then in issue in respect of the following Obligors:

        40% in the case of each of FirstRand Bank Limited, Absa Bank Limited, Nedbank Limited, The
        Standard Bank of South Africa Limited and Investec Bank Limited"

In this regard, the Issuer confirms the voting results from the Consent Request, in relation to the total nominal
amount of all unlisted debt securities in issue as follows:

 Extraordinary Debt securities           Debt securities    Votes             Votes carried      Votes against
 Resolution    voted as a Rand           voted disclosed    abstained as a    for the            the
               value                     as a percentage    percentage        resolution as a    resolution as
                                                                              percentage         a percentage
 1             R2 900 000 000.00         100.00%            0.00%             100.00%            0.00%

The extraordinary resolution has therefore been passed by the requisite number of noteholders.


26 September 2022

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 26-09-2022 01:45:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.