RBA HOLDINGS LIMITED - Update on business rescue process of the companies in business rescue in the RBA Group

Update on business rescue process of the companies in business rescue in the RBA Group

RBA HOLDINGS LIMITED (IN BUSINESS RESCUE)
(Incorporated in the Republic of South Africa)
(Registration number: 1999/009701/06)
(Share Code: RBA ISIN Code: ZAE000199642)
(“RBA” or “the Company”)

UPDATE ON BUSINESS RESCUE PROCESS OF THE COMPANIES IN BUSINESS RESCUE 
IN THE RBA GROUP

Shareholders are referred to the announcement of 11 April 2016.  Trevor 
Glaum, the Business Rescue Practitioner (“BRP”), would like to provide 
the following update as to the business rescue process and a general 
update of the RBA group. 

The main focus currently is to draft the business rescue plans for RBA 
and the respective subsidiaries that are in business rescue for 
consideration by creditors in June 2016. 

The BRP continues to work closely with management on all aspects of 
cost cutting and improving income through the restructuring of the RBA 
Group, both from a nett revenue and balance sheet perspective. 

10 May 2016
Braamfontein

Designated Adviser
Exchange Sponsors

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