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BRAIT SE - Convertible bond conversion price adjustment

Release Date: 17/08/2016 14:50
Code(s): BAT     PDF:  
Wrap Text
Convertible bond conversion price adjustment

Brait SE
(Registered in Malta as a European Company)
(Registration No.SE1)
Share code: BAT ISIN: LU0011857645
Bond Code: WKN: A1Z6XC ISIN: XS1292954812
("Brait", "the Company")

CONVERTIBLE BOND CONVERSION PRICE ADJUSTMENT

Capitalised terms not otherwise defined in this announcement shall have the meaning given to
them in the terms and conditions of the Convertible Bonds (the "Conditions").

The Issuer hereby notifies Shareholders and Bondholders that, as a result of the bonus share issue
with cash dividend alternative to Shareholders on Record Date on 12 August 2016 (as announced
on 14 June 2016), the Convertible Bond Conversion Price is adjusted from GBP7.9214 to
GBP7.8400 in accordance with the Conditions (including, but not limited to, the definition of
"Dividend", and Conditions 6(b)(ii), 6(b)(iii) and 6(f)), effective 10 August 2016.

In accordance with Condition 11(xii), the aggregate amounts of cash dividends paid and bonus
shares issued used to determine the aforementioned adjustment to the Conversion Price are
available on the group website www.brait.com.


Malta
17 August 2016

Brait’s primary listing is on the Euro MTF market of the Luxembourg Stock Exchange and its
secondary listing is on the Johannesburg Stock Exchange.

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

Date: 17/08/2016 02:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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