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Notification Of The Voting Results In Respect Of The Meeting Of The Secured Noteholders BILETS
Letshego Holdings Limited Group
Incorporated in the Republic of Botswana
Registration number 98/442
(JSE Code: “BILETS”)
(“Letshego Holdings” or “the Company” or “the Issuer”)
This announcement is being released on the Johannesburg Stock Exchange for
information purposes only in respect of Letshego Holdings Limited’s Note
Programme.
NOTIFICATION OF THE VOTING RESULTS IN RESPECT OF THE MEETING OF THE SECURED
NOTEHOLDERS
Unless otherwise defined herein, capitalised terms shall have the same meaning as
set forth in the Notice (as defined below).
Noteholders are referred to the notice of a meeting of the holders of all
outstanding Secured Notes issued by the Issuer under its ZAR2,500,000,000 and
BWP2,500,000,000 Medium Term Note Programme (the Secured Noteholders) being the
Notes held under stock codes LHL26 with ISIN ZAG000141268, LHL27 with ISIN
ZAG000148826, LHL28 with ISIN ZAG000148834 and LHL29 with ISIN ZAG000164856 (the
Senior Secured Notes) released on SENS on 4 September 2020 (the Notice), with the
deadline date for the submission of their proxies of the meeting of Secured
Noteholders being before 10h00 on 29 September 2020.
The following Extraordinary Resolutions were included in the Notice for
consideration by the secured noteholders;
Extraordinary Resolution No. 1:
“THAT the Secured Noteholders waive any non-compliance with Cash Collection
Ratio, for the Measurement Periods ending 30 June 2020 and 30 September
2020.”
Extraordinary Resolution No. 2:
“THAT the Secured Noteholders not exercise their Redemption Option pursuant to
Conditions 1.6 and 1.7 of the Additional Terms and Conditions set out in
schedule 1 of the Applicable Pricing Supplements."
In this regard, the Issuer confirms the voting results from the Notice in
relation to the total nominal amount issued by the Issuer under each Senior
Secured Notes were as follows:
1
Extraordin Bond Total Debt Debt Votes Votes Votes
ary Code nominal securities securiti abstaine carried against
Resolution amount of voted on es voted d as a for resoluti
all debt disclosed on percenta resoluti on as a
securitie as a number disclose ge on as a percenta
s d as a percenta ge
percenta ge
ge
1 LHL2 100,000,0 100,000,000 100% 0% 100% 0%
6 00
2 LHL2 100,000,0 100,000,000 100% 0% 100% 0%
6 00
1 LHL2 432,000,0 430,800,000 99.72% 0% 97.49% 2.51%
7 00 .00
2 LHL2 432,000,0 430,800,000 99.72% 0% 97.49% 2.51%
7 00 .00
1 LHL2 33,000,00 29,800,000. 90.30% 0% 30.20% 69.80%
8 0 00
2 LHL2 33,000,00 29,800,000. 90.30% 0% 30.20% 69.80%
8 0 00
1 LHL2 100,000,0 100,000,000 100% 0% 100% 0%
9 00
2 LHL2 100,000,0 100,000,000 100% 0% 100% 0%
9 00
29 September 2020
Debt sponsor in South Africa
Kea Sape: 0117215594 or kea.sape@standardbank.co.za
The Standard Bank of South Africa Limited, acting through its Corporate and
Investment Banking division
2
Date: 30-09-2020 07:20:00
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