URBAN UBOMI 1 (RF) LIMITED - UBB1-Update Regarding Riots and Civil Unrest

UBB1-Update Regarding Riots and Civil Unrest

Urban Ubomi 1 RF Limited
 Incorporated in the Republic of South Africa
 (Registration number 2019/504294/06)
 (“Urban Ubomi”)


 BOND ISSUER CODE: UBB1

 UPDATE REGARDING RIOTS AND CIVIL UNREST




Urban Ubomi is deeply saddened and concerned about the unrest that broke out in South Africa over the
last few days. We are particularly saddened by the loss of lives and are also concerned about the
destruction of property and its impact on livelihoods.

Noteholders are advised that the events of the past week in South Africa have not affected any of the
TUHF Group’s residential portfolios, particularly in the areas which have been hardest hit, being
Gauteng and KwaZulu-Natal.

Urban Ubomi acknowledges the foresight of the Servicer and Administrator’s IT and management teams,
which ensured that we could stay in contact with, and caution our clients, to safeguard any associated
retail stores.

The TUHF Group’s clients take out SASRIA cover as part of their building insurance and this requirement
is monitored by the Legal and Compliance Team as part of our portfolio management processes.

We welcome the deployment of the SAPS and the SANDF to those affected areas in order to contain
further loss of lives, destruction of property and further job losses affecting the livelihoods of all South
Africans.

Investors will be kept informed of further developments.



Johannesburg
19 July 2021

Debt Sponsor
Merchantec Capital

Date: 19-07-2021 02:59:00
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