REDINK RENTAL (RF) LIMITED - Notice of Meeting - RED162

Notice of Meeting - RED162

REDINK RENTALS (RF) LIMITED
Notice of Meeting
(Incorporated in South Africa with limited liability under registration number
2015/090404/06)

(“Redink Rentals”)

Date: 28 November 2022

RED162 - ZAG000182023

CORRECTIVE ANNOUNCEMENT TO THE NOTICE OF A MEETING OF THE HOLDERS OF ALL CLASS A
NOTES ISSUED IN RELATION TO TRANSACTION NO. 16 – TOWER INVESTMENTS (SMART TREAD
FINANCING AGREEMENT) ("Transaction No. 16")

We refer to the notice delivered, in accordance with Condition 22.2.3 of the
Terms and Conditions of the Notes, by the Issuer on 22 November 2022 to the
holders of all the Class A Notes issued by the Issuer under the Programme in
relation to Transaction No. 16 (“the Noteholders”), for purposes of passing an
Extraordinary Resolution. The Extraordinary Resolution of the Noteholders is
sought for purposes of making certain amendments to the Applicable Pricing
Supplement in relation to the Class A Notes dated 7 December 2021 ("Applicable
Pricing Supplement'). ?


The Issuer wishes to draw noteholders attention to the following additional
information in respect of Section B of the notice as delivered:
   •   The Issuer has proposed amendments to the Applicable Pricing Supplement,
       which was set out in the amended Applicable Pricing Supplement as attached
       to notice as Annexure A, to facilitate the recovery of the Sale Assets in
       relation to Transaction No. 16;
   •   The Issuer is in process of taking the necessary steps to recover the
       amounts due from the Sale Assets, in specific the Guarantee issued by
       Lombard Insurance Company Limited in relation to Transaction No. 16;
   •   The timing of concluding on the recovery of the Sale Assets in relation to
       Transaction No. 16 will extend beyond the existing Final Redemption Date
       of the Class A Notes, henceforth the Issuer would require additional time
       to finalise the recovery process.


Capitalised terms and expressions used herein and not otherwise defined herein,
shall have the meanings ascribed to such terms and expressions in the programme
memorandum issued by the Issuer in relation to the Programme dated 29 May 2015
(the "Programme Memorandum").


Further information on the Programme please contact:




Redinc Capital
Charlize Wiederkehr
Tel: +27 10 822 7993
Email: charlize@red-inc.co.za

Date: 28-11-2022 09:23:00
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.