General SENS Submitter Company - Notification of the voting results in respect of written resolution and confirmation of effective date of delisting

Notification of the voting results in respect of written resolution and confirmation of effective date of delisting

Torque Securitisation (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2012/030043/06)
Company code: TSRF
Bond code: TORQ6 ISIN: ZAG000099268
Bond code: TORQ9 ISIN: ZAG000128778
Bond code: TORQ10 ISIN: ZAG000128786
(“Torque” or “the Issuer”)

NOTIFICATION OF THE VOTING RESULTS IN RESPECT OF WRITTEN RESOLUTION AND CONFIRMATION OF EFFECTIVE DATE OF DELISTING

Bondholders are referred to the announcement released on SENS on 8 May 2018, in respect of the notice to delist notes wherein the Issuer sought noteholder consent
by way of the following written resolution:

      IT IS HEREBY RESOLVED BY THE CLASS [B]/[C]/[D] NOTEHOLDERS THAT:
      SPECIAL RESOLUTION NO 1:

      RESOLVED AS A SPECIAL RESOLUTION THAT, the Class [[B] Notes referred to in 3.1]/[C] Notes referred to in 3.2]/[D] Notes referred to in 3.3] be delisted from the
      Interest Rate Market of the JSE with effect from 11 May 2018.

In this regard, the Issuer confirms the voting results in respect of written resolution as follows:

Bond code:                    Total nominal amount of       Total nominal amount of       Resolution voted for:   Resolution voted against:
                              the class of debt             the class of debt
                              securities written consent    securities written consent
                              has been obtained on as a     has been obtained on as a
                              number:                       percentage:
TORQ6                         ZAR 70 000 000                100%                          100%                    0%
TORQ9                         ZAR 84 000 000                100%                          100%                    0%
TORQ10                        ZAR 49 000 000                100%                          100%                    0%

Noteholders are hereby advised that no abstentions were recorded and the percentage of abstentions are therefore disclosed as 0%.
Accordingly, 100% noteholder consent was obtained to delist the following notes:


Bond Code                            ISIN

TORQ6                                ZAG000099268

TORQ9                                ZAG000128778

TORQ10                               ZAG000128786


The Issuer would like to confirm that the effective date of the delisting will be 11 May 2018.

10 May 2018

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

Date: 10/05/2018 04:49:00 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.