MARTIUS (RF) LIMITED - Notice of Suspension - MAR03B | MAR04B

Notice of Suspension - MAR03B | MAR04B

MARTIUS (RF) LIMITED
(Incorporated in South Africa with limited liability under registration number
2021/326128/06)
("the Issuer")

Notice of Suspension

Date: 10 October 2024

MAR03B - ZAG000193798
MAR04B - ZAG000200957

ANNOUNCEMENT TO THE NOTICE SUSPENSION THE NOTES ISSUED IN            RELATION   TO
TRANSACTION NO. 1 – BRIDGE TAXI FINANCE NO 8 ("Transaction No. 1")

Noteholders are referred to the various announcements released on SENS in
relation to Transaction No. 1, the most recent of which is dated 19 September
2024 pertaining to the transaction Event of Default in relation to Transaction
No. 1 that has occurred.
In light of the aforementioned, the Issuer has applied to the JSE pursuant to
paragraph 1.11(b)of the JSE Debt Listings Requirements, and has been granted
approval by the JSE, for the suspension of notes issued by the Issuer with
stock codes MAR03B and MAR04B on the JSE with immediate effect on the following
basis:
•   An Event of Default, per Condition 11.1.2 of the terms and conditions of the
    notes under the Programme in relation to Transaction No. 1 has occurred;
•   Following the noteholders meeting called in terms of Condition 11.2.2 as a
    result of the occurrence of an Event of Default, and should noteholders not
    vote for all notes issued in relation to Transaction No. 1 to become
    immediately due and payable at that meeting, the Issuer would then need to
    consider restructuring the existing notes issued in relation to Transaction
    No. 1 to best fit the restructuring strategies of the Borrower, which will
    all be subject to the noteholder approval and the JSE DLR;
•   Failing which, Transaction No. 1 will enter the "post-enforcement" phase,
    which will require, amongst other, the immediate enforcement and realisation
    of the security provided in relation to Transaction No. 1, and redeeming the
    notes in accordance with Condition 11.6; and
•   The Issuer deems it appropriate and in the best interests of all
    stakeholders to request the suspension of the notes issued in relation to
    Transaction No. 1 until a resolution is reached and the matters are fully
    finalised.


Capitalised terms and expressions used and not otherwise defined herein, shall
have the meanings ascribed to such terms and expressions in the master
programme memorandum issued by the Issuer in relation to the Programme dated 22
February 2022, the Applicable Issuer Supplement issued by the Issuer dated 22
February 2022 and the Applicable Transaction Supplements issued by the Issuer
in relation to Transaction No. 1.
For further information on the Programme please contact:




Redinc Capital
Charlize Wiederkehr
Email: charlize@red-inc.co.za




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Date: 10-10-2024 03:40:00
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