BRAIT INVESTMENT HOLDINGS LIMITED - BIHLEB - Listing of ZAR3,000,000,000 5.00% Senior Unsecured Exchangeable Bonds due 2024

BIHLEB - Listing of ZAR3,000,000,000 5.00% Senior Unsecured Exchangeable Bonds due 2024

Brait Investment Holdings Limited
(formerly, Brait Malta Limited)
(Incorporated in Mauritius)
(Registration number: 183308 GBC)
LEI: 8755004E9YEXF8GHCY56
ISIN: MU0707E00002
JSE Alpha code: BIHLEB
(“BIH” or the “Issuer”)

LISTING OF ZAR3,000,000,000 5.00% SENIOR UNSECURED EXCHANGEABLE BONDS
DUE 2024

Prospective BIH bondholders are referred to the announcements by its holding company, Brait
PLC, released on SENS (the declaration announcement of 23 November 2021 and the
finalisation announcement of 25 November 2021), relating to the fully committed and
underwritten ZAR3 billion renounceable Rights Offer (“Rights Offer”).

Pursuant to this Rights Offer, application for the BIH listing of the ZAR3,000,000,000 5%
Senior Unsecured Exchangeable Bonds due 2024 (the “Exchangeable Bonds”) on the Main
Board of the JSE Limited (the “JSE”) has been made to the JSE. This application was formally
approved by the JSE on Tuesday, 23 November 2021. The document setting out the full terms
and conditions of the Exchangeable Bonds (the “Prospectus”) is available for inspection on
the JSE’s website (www.jse.co.za) and on Brait PLC’s website at
http://brait.investoreports.com/investor-relations/results-and-reports/ from Monday, 29
November 2021. The Prospectus is also available for inspection at the registered office of the
Issuer, being C/o Maitland (Mauritius) Limited, Suite, 420, 4th Floor, Barkly Wharf, Le Caudan
Waterfront, Port Louis Mauritius.

The Exchangeable Bonds may be traded by or through members of the JSE in accordance
with the rules and operating procedures for the time being of the JSE (under Stock Code:
BIHLEB, Short Name: BIHL EB and ISIN Code: MU0707E00002) from Tuesday, 14
December 2021. The clearing and settlement of trades on the JSE shall take place in
accordance with the electronic clearing and settlement procedures of the JSE and Strate
Proprietary Limited. The Exchangeable Bonds will not be rated.

The Exchangeable Bonds will be traded in their denominations of ZAR1 000 on the Main
Board.

The details of the Exchangeable Bonds, as approved by the JSE, are as follows:

Alpha Code:                           BIHLEB
Short Name:                           BIHL EB
Long Name:                            Brait Inv Hldgs Ltd EB
ISIN:                                 MU0707E00002
Issue Size (Units):                   3 000 000 bonds
Issue Price and Denomination:         ZAR1 000 each
Principal:                            ZAR3,000,000,000
Listing Date:                         14 December 2021
Maturity Date:                        3 December 2024
Coupon:                               5.00% per annum, paid in cash semi annually
Interest Payment Dates:               3 June and 3 December of each year until the Maturity
                                      Date, with the first Interest Payment Date being 3 June
                                      2022




29 November 2021

Debt Sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

Date: 29-11-2021 04:13:00
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