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Debt Restructuring With International Lenders Group
TRUSTCO GROUP HOLDINGS LIMITED
Incorporated in the Republic of Namibia
(Registration number 2003/058)
Registered as an external company in South Africa
(External registration number 2009/002634/10)
NSX share code: TUC
JSE share code: TTO
OTCQX share code: TSCHY
ISIN Number: NA000A0RF067
(“Trustco” or “the Company”)
DEBT RESTRUCTURING WITH INTERNATIONAL LENDERS GROUP
Trustco’s shareholders are referred to the SENS announcements published on 13 June 2019,
27 September 2019 and 3 June 2020 as well as to note 38 of the Trustco annual financial statements for the year
ended 31 March 2019 regarding the debt restructuring with its international lender group (“Restructuring
Agreement”).
The Company wishes to announce that further formal restructuring agreements are being negotiated with
relevant lenders who were parties to the Restructuring Agreement and where financial commitments still exist.
The terms and maturities, which are being negotiated will be subject to standard approval processes of all parties,
and replace the existing agreements.
23 June 2020
Komada Holdings (Pty) Ltd
Company Secretary and Investor Relations Services to Trustco Group Holdings Limited
JSE Sponsor
Vunani Corporate Finance - Johannesburg
NSX Sponsor
Simonis Storm Securities Proprietary Limited – Windhoek
OTCQX Sponsor
J.P Galda & Co – New York
Date: 23-06-2020 03:15:00
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