To view the PDF file, sign up for a MySharenet subscription.

TRADEHOLD LIMITED - Extension of redemption date

Release Date: 13/12/2021 17:05
Code(s): TDHBP     PDF:  
Wrap Text
Extension of redemption date

TRADEHOLD LIMITED
(Registration number: 1970/009054/06)
(“Tradehold” or “the Company”)
Incorporated in the Republic of South Africa
Share code: TDHBP
ISIN: ZAE000253050

EXTENSION OF REDEMPTION DATE

In accordance with the terms and conditions of the Tradehold Limited TDHBP applicable
pricing supplement, Tradehold wishes to advise investors of the extension of
redemption date with the following details:

Instrument type:                   Floating Rate Preference Shares
Instrument code:                   TDHBP
Dividend Rate:                     Dividend Rate Percentage of the Reference Rate
                                   plus Margin
Reference Rate:                    JIBAR [ZAR-JIBAR-SAFEX]
Dividend Rate Percentage:          72%
Margin:                            3%
Dividend period:                   18 December 2017 to 19 December 2021
Dividend/Payment Basis:            Floating
Redemption date:                   20 December 2021
Extendible Redemption date:        20 June 2022
Last day to register:              By 18:00 on 13 December 2021
Books close:                       17 December 2021
Dividend payment date:             20 December 2021
ISIN:                              ZAE000253050
Business day convention:           Modified Following Business Day
Dealer:                            Rand Merchant Bank, a division of FirstRand Bank
                                   Limited

Any prospective purchaser of the share should contact Rand Merchant Bank for details
of the terms of the share or refer to the Applicable Pricing Supplement.

The referenced dividend rate above is the all-in-rate applied so of 15 September
2021.

The Company commented: “The successful renegotiation and extension of our debt
facilities provides the Company with adequate scope to continue negotiations with RMB
that could fundamentally change the financial position of the Company and provide
value for shareholders. RMB remains supportive of the Company”.

The shares will be immobilised in the Central Securities Depository and settlement
will take place electronically in terms of JSE Rules.

Tradehold’s income tax reference number is 9725/126/71/9.

13 December 2021
Cape Town
Joint Debt Sponsor
Nodus Capital Proprietary Limited
Mettle Specialised Finance Proprietary Limited

Date: 13-12-2021 05:05:00
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.

Share This Story