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BASIL READ HOLDINGS LIMITED - Voluntary Announcement Domestic Medium Term Note Redemption

Release Date: 21/09/2015 11:00
Code(s): BSR     PDF:  
Wrap Text
Voluntary Announcement – Domestic Medium Term Note Redemption

Basil Read Holdings Limited
(Incorporated in the Republic of South Africa)
Registration Number 1984/007758/06
Share Code: BSR ISIN: ZAE000029781
("Basil Read" or "the Company")


VOLUNTARY ANNOUNCEMENT – DOMESTIC MEDIUM TERM NOTE REDEMPTION

ISIN: ZAG000127309
Bond Code: BSR14

On 19 June 2015, Basil Read Limited, a wholly-owned subsidiary of Basil
Read, issued the BSR14, BSR15, BSR16 and BSR17 notes totalling R205,000,000
under its Domestic Medium Term Note (DMTN) programme dated 17 November
2008. This programme is unconditionally and irrevocably guaranteed by Basil
Read.

Shareholders are advised that Basil Read Limited redeemed BSR14 on 18
September 2015 in line with the contractual terms of the note. The amount
outstanding under the DMTN programme has therefore reduced from
R205,000,000 to R145,000,000.

Johannesburg
21 September 2015

Company Secretary
Andiswa T Ndoni

JSE Sponsor
Grindrod Bank Limited

Debt Sponsor
Nedbank Capital

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