WILDERNESS HOLDINGS LIMITED - Clarification of the rate for the conversion of the offer consideration due to S/h with shares registered on the JSE

Clarification of the rate for the conversion of the offer consideration due to S/h with shares registered on the JSE

WILDERNESS HOLDINGS LIMITED
(Registration number 2004/2986)
(Registered as an external company in South Africa
Registration number 2009/022894/10)
ISIN: BW0000000868
Share code: WIL
(“Wilderness” or “the Company”)

AFRICAN WILDLIFE HOLDINGS PARTNERSHIP
(an en commandite partnership in Botswana)
(“AWH”)

CLARIFICATION OF THE RATE FOR THE CONVERSION OF THE OFFER CONSIDERATION DUE TO
SHAREHOLDERS WITH SHARES REGISTERED ON THE JSE


Shareholders of Wilderness (“Shareholders”) are referred to the announcement published on
27 May 2019 and are advised that the applicable rate of exchange announced of
BWP0.7467 per ZAR1 also equates to BWP1 per R1.3392.

Gaborone
31 May 2019

Legal Advisers to Wilderness and AWH                                      Independent Expert
Desai Law Group                                                        BDO Corporate Finance
Bowmans

Botswana Sponsoring Brokers to Wilderness                South African Sponsor to Wilderness
Motswedi Securities                                     Arbor Capital Sponsors (Pty) Limited

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