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REDINK RENTALS (RF) LIMITED
Publication of Additional Information
2 July 2018
REDINK RENTALS (RF) LIMITED
Publication of Additional Information
(Incorporated in South Africa with limited liability under registration number 2015/090404/06)
(Redink Rentals or Issuer)
Date: 2 July 2018
RED202 - ZAG000137761
RED203 - ZAG000137779
RED204 - ZAG000142241
RED205 - ZAG000147000
Publication of Additional Information in relation to RED202, RED203, RED204 and RED205 issued under the transaction titled "Transaction No.2 - RentWorks Africa Proprietary Limited Rental Receivables"
The Issuer wishes to draw noteholders attention to the following with respect to holdings in RED202, RED203, RED204 and RED205:
1. Redink Rentals published a notice through SENS on Friday 29 June 2018, where noteholders were advised that the Issuer had published the annual financial statements of Basil Read Mining SA (Pty ) Ltd ("the Lessee") per paragraph 62(h) of the Applicable Pricing Supplements on the Company's website and that the latest report and investor information are available at the following link: http://www.redinkrentals.co.za
2. With reference to the written request received from the JSE dated Monday 2 July 2018, the following is to be noted on the published annual financial statements of the Lessee per point 1 above:
2.1 the published Lessee's annual financial statements are denoted as "Draft";
2.2 the published Lessee's annual financial statements includes a letter from the Lessee stating the reasons for the delay in the finalisation of its annual financial statements;
2.3 the finalisation of the Lessee's financials statements has been postponed due to the recent SENS of the Lessee's holding company being placed under business rescue, and consequently, the Lessee's auditors expressed concerns on the recoverability of intercompany loan accounts;
2.4 the Lessee and its auditors will only be in a position to assess the recoverability of the loan accounts upon receipt of the business rescue plan of the Lessee's holding company;
2.5 full details of the lessee's position is disclosed in the letter referred to in point 2.1 above.
Further information on the Programme please contact:
Redinkcapital
Charlize Wiederkehr
Tel: +27 10 0052014
Email: charlize@red-inc.co.za
Date: 02/07/2018 04:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
