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BRAIT INVESTMENT HOLDINGS LIMITED - BIHLEB - BIH Issue of up to ZAR3,000,000,000 Senior Unsecured Exchangeable Bonds: Execution Of Ancillary Documents

Release Date: 13/12/2021 11:20
Code(s): BIHLEB     PDF:  
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BIHLEB - BIH Issue of up to ZAR3,000,000,000 Senior Unsecured Exchangeable Bonds: Execution Of Ancillary Documents

BRAIT INVESTMENT HOLDINGS LIMITED
(formerly, Brait Malta Limited)
(Incorporated in Mauritius)
(Registration No. 183308 GBC)
LEI: 8755004E9YEXF8GHCY56
ISIN: MU0707E00002
JSE Alpha Code: BIHLEB
Bond CFI: DCFUCR
Bond FISN: BRAIT/5.00 FXD BD 20241203
(“BIH” and the “Issuer”)


THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND
IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN
WHOLE OR IN PART, TO US PERSONS OR IN OR INTO THE UNITED STATES, AUSTRALIA,
CANADA, JAPAN OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE,
PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF
SECURITIES IN ANY JURISDICTION.

BRAIT INVESTMENT HOLDINGS LIMITED ISSUE OF UP TO ZAR3,000,000,000
5.00% SENIOR UNSECURED EXCHANGEABLE BONDS DUE 2024 - EXECUTION
OF ANCILLARY DOCUMENTATION

BIH today announces that in connection with its issuance of up to ZAR3,000,000,000 5.00% senior
unsecured exchangeable bonds due 2024 (the “Exchangeable Bonds”), the following ancillary
documents have been executed:

(i)     a deed poll dated 13 December 2021 between Brait PLC (the ”Parent”) and the Issuer,
        detailing the obligations of the Parent in respect of the Exchangeable Bonds;

(ii)    an agency deed (the “Bondholder Representative Deed”) dated 13 December 2021
        between the Issuer and Vanessa Ramdonee, whose registered address for the time being
        is at 6th floor, Labama House No. 35, Sir William Newton Street, Port Louis, Mauritius, as
        bondholder representative for the holders of the Exchangeable Bonds;

(iii)   a paying and transfer agency agreement dated 13 December 2021 between the Issuer, Rand
        Merchant Bank, a division of FirstRand Bank Limited, in its capacity as paying agent and
        Computershare Investor Services (Proprietary) Limited in its capacity as transfer agent in
        respect of the Exchangeable Bonds;

(iv)    an exchange agency agreement dated 13 December 2021 between the Issuer and Rand
        Merchant Bank, a division of FirstRand Bank Limited, in its capacity as exchange agent; and

(v)     a calculation agency agreement dated 13 December 2021 between the Issuer and Conv-Ex
        Advisors Limited in its capacity as calculation agent.

The Bondholder Representative Deed will be available for inspection from 13 December 2021 at the
registered office of BIH, being Suite 420, 4th Floor, Barkly Wharf, Le Caudan Waterfront, Port Louis,
Mauritius.

13 December 2021

For further information please contact: invest@brait.com

It is anticipated that the listing of the Exchangeable Bonds on the exchange operated by the JSE
Limited will be effective as from Tuesday 14 December 2021.

Debt Sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

Date: 13-12-2021 11:20:00
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