PHUMELELA GAMING & LEISURE LIMITED - Further announcement relating to the fully committed renounceable Phumelela rights offer

Further announcement relating to the fully committed renounceable Phumelela rights offer

Phumelela Gaming & Leisure Limited
(Registration number 1997/016610/06)
(Incorporated in the Republic of South Africa)
Share Code: PHM ISIN: ZAE000039269
(“Phumelela” or the “Company”)


NOT FOR DISTRIBUTION TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS
UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT


FURTHER ANNOUNCEMENT RELATING TO THE FULLY COMMITTED RENOUNCEABLE PHUMELELA
RIGHTS OFFER


Further to the finalisation announcement released on the Stock Exchange News Service (“SENS”) of the JSE Limited
(“JSE”) on Wednesday, 11 January 2017 in respect of the fully committed renounceable rights offer (“Rights Offer”),
Phumelela shareholders (“Shareholders”) are advised that certain employees of Phumelela are now entitled to
participate in the Rights Offer following the receipt of shares in terms of the Company’s share incentive scheme.

Accordingly, Phumelela has now applied to list an additional 271 005 Rights Offer shares (“Rights Offer Shares”) and
an additional 271 005 letters of allocation to take into account those employees who are now entitled to participate in
the Rights Offer. The maximum number of Rights Offer shares to be listed and letters of allocation will increase from
16 331 225 to 16 602 230. The amount Phumelela proposes to raise in respect of the Rights Offer will increase by
approximately R5 million to R289 million.

Save for the information mentioned above all other salient terms of the Rights Offer remain unchanged.



Johannesburg
16 January 2017


Financial Advisor and Sponsor
Investec Bank Limited

Corporate Law Advisor
Roodt Inc.

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