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DOLOMITE CAPITAL LIMITED - Full Repurchase and Cancellation of the DOL007 Notes

Release Date: 15/11/2016 08:00
Code(s): DOL007     PDF:  
Wrap Text
Full Repurchase and Cancellation of the DOL007 Notes

DOLOMITE CAPITAL LIMITED
(incorporated with limited liability in the Cayman Islands under
registration number 131853) (the Issuer)

Instrument Code: DOL007
ISIN: ZAG000118985

NOTICE BY THE ISSUER OF THE FULL REPURCHASE AND CANCELLATION OF
THE SECURITIES

This Notice references the Series 7 ZAR 50,000,000 Limited
Recourse Secured Floating Rate Credit Secured Notes due 2019
(ISIN: ZAG000118985) (the Securities).

The Securities were issued by the Issuer under its ZAR
1,000,000,000 Limited Recourse Secured Debt Issuance Programme
(the Programme) and were listed on the Interest Rate Market of
the JSE Limited (the JSE) under instrument code number DOL007.
The terms and conditions of the Securities are detailed in the
Information Memorandum dated 22 July 2014 (the Information
Memorandum   which   was  supplemented  by   the   Supplemental
Information Memorandum dated 20 August 2014 (the Supplemental
Information Memorandum)) and the JSE Placement Document for
purposes of inward listing the Programme on the Interest Rate
Market of the JSE and was issued in conjunction with, and
incorporates by reference, the Information Memorandum and the
JSE Placement Document.

Securityholders are advised that the Issuer will purchase ZAR
50,000,000 in nominal amount of the Securities (the Repurchase)
on 15 November 2016 (the Repurchase and Cancellation Date). This
constitutes a repurchase of the Securities pursuant to Bearer
Securities Base Condition 9 (Purchase) (described in the
Information Memorandum) as supplemented by paragraph 26 of the
Issue Terms (which form part of the Supplemental Information
Memorandum). Following such Repurchase the Issuer shall cancel
all outstanding Securities.

The Repurchase will be settled through Strate Proprietary
Limited and The Standard Bank of South Africa Limited will
instruct Strate Limited to mark down to zero and cancel the
Securities on the Repurchase and Cancellation Date.

Johannesburg
15 November 2016

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 15/11/2016 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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