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MW ASSET RENTALS (RF) LIMITED - Voting results in respect of the request for written consent of noteholders

Release Date: 04/05/2022 10:00
Code(s): MWAR07 MWAR05 MWAR06 MWAR04 MWAR08     PDF:  
Wrap Text
Voting results in respect of the request for written consent of noteholders

MW ASSET RENTALS (RF) LIMITED
Reg No 2002/030074/06
Incorporated in the Republic of South Africa
JSE alpha code: MWSI
(“MWAR”)

VOTING RESULTS IN RESPECT OF THE REQUEST FOR WRITTEN CONSENT OF
NOTEHOLDERS

Noteholders are referred to the notice to Class A noteholders released on SENS on 29 March 2022 in
which MWAR proposed the amendment to certain provisions of MWAR’s ZAR2,500,000,000 Lease
Receivables Backed Note Programme dated 9 November 2016 (the “Programme Memorandum”),
including the eligibility criteria and portfolio criteria, as set out in a second supplement to the Programme
Memorandum.

In this regard, MWAR confirms the voting results for the written Extraordinary Resolution 1 : Amendment
of Programme Memorandum, in relation to the total nominal amount of those classes of debt securities
that were affected, as follows:


    Bond Code           Number of      Percentage of      Percentage of      Percentage of      Percentage of
                  debt securities    debt securities       abstentions*         votes for*     votes against*
                           voted*             voted*
    MWAR04           439 000 000                98%                   -                98%                  -
    MWAR05           300 000 000               100%                   -               100%                  -
    MWAR06           466 900 000                93%                   -                93%                  -
    MWAR07           297 900 000                99%                   -                99%                  -

*  In relation to the total nominal amount of that class of debt securities.


4 May 2022

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 04-05-2022 10:00:00
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