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Results of reinvestment offer and scheme unconditional date
SAB Zenzele Kabili Holdings (RF) Limited
(Incorporated in the Republic of South Africa)
Registration number: 2019/616052/06
JSE Share Code: SZK
ISIN: ZAE000284196
("SAB Zenzele Kabili")
SAB Zenzele Holdings (RF) Limited
(Incorporated in the Republic of South Africa)
Registration number: 2009/022656/06
("SAB Zenzele")
RESULTS OF REINVESTMENT OFFER AND SCHEME UNCONDITIONAL DATE
Unless otherwise defined herein, capitalised terms used in this announcement shall bear the same
meanings ascribed to them in the prospectus which was issued to SAB Zenzele Retailer Shareholders
on 8 April 2021 ("Prospectus").
INTRODUCTION
SAB Zenzele Retailer Shareholders are referred to the announcements released by AB InBev on the
JSE's Stock Exchange News Service ("SENS") on 7 April 2021 relating to the Reinvestment Offer made
by SAB Zenzele Kabili to SAB Zenzele Retailer Shareholders and by SAB Zenzele Kabili on 10 May
2021 relating to the approval of the Scheme by SAB Zenzele Retailer Shareholders.
SAB Zenzele Retailer Shareholders are hereby advised that the Reinvestment Offer made by SAB
Zenzele Kabili closed at 16:00 on Friday, 21 May 2021.
SAB ZENZELE SCHEME BECOMES OPERATIVE
SAB Zenzele, SAB Zenzele Kabili, AB InBev and SAB are pleased to announce that all of the conditions
precedent to the SAB Zenzele Scheme, as detailed in the circular to SAB Zenzele Retailer Shareholders
which was distributed on 8 April 2021, have been fulfilled, and accordingly the SAB Zenzele Scheme
has become unconditional.
Accordingly, SAB Zenzele Retailer Shareholders are advised that the SAB Zenzele Scheme will be
implemented and operative in accordance with the dates set out below:
- the SAB Zenzele Scheme Implementation Date will be on Friday, 28 May 2021;
- SAB Zenzele Kabili will have AB InBev Shares (underlying the Scheme Entitlements) credited to its
nominated dematerialised securities account on Friday, 28 May 2021; and
- the dematerialised securities accounts opened with the SAB Zenzele Kabili Administrator or the
brokerage or securities accounts of Scheme Participants will be credited with the new SAB Zenzele
Kabili Ordinary Shares constituting each Scheme Participant's Scheme Consideration on Friday,
28 May 2021.
RESULTS OF REINVESTMENT OFFER
SAB Zenzele Retailer Shareholders holding 2 783 032 shares, representing 14.90% of SAB Zenzele
Shares in issue and qualifying to participate in the Reinvestment Offer, applied to participate in the
Reinvestment Offer, resulting in the allocation and issue of 1 150 201 SAB Zenzele Kabili Ordinary
Shares.
In line with the settlement dates stated in AB InBev's SENS announcement dated 7 April 2021:
- the dematerialised securities accounts, opened with the SAB Zenzele Kabili Administrator or the
brokerage or securities accounts of Successful Participants , will be credited with their new SAB
Zenzele Kabili Ordinary Shares on Friday, 28 May 2021;
- SAB Zenzele Kabili will be listed on the JSE from the commencement of trade on Friday, 28 May
2021; and
- the SAB Zenzele Retailer Shareholders, who elected the Sale Proceeds Settlement, will have their
bank accounts credited on Tuesday, 8 June 2021.
SAB ZENZELE KABIILI DIRECTORS RESPONSIBILITY STATEMENT
The SAB Zenzele Kabili Board individually and collectively accept full responsibility for the accuracy of
the information contained in this announcement. In addition, the SAB Zenzele Kabili Board certifies that
to the best of its knowledge and belief , the information contained in this announcement is true and,
where appropriate, does not omit anything that is likely to affect the importance of the information
contained herein and that all reasonable enquiries to ascertain such information has been made.
SAB ZENZELE DIRECTORS RESPONSIBILITY STATEMENT
The SAB Zenzele Board individually and collectively accept full responsibility f or the accuracy of the
information contained in this announcement, insofar as it relates to SAB Zenzele and the Scheme. In
addition, the SAB Zenzele Board certifies that to the best of its knowledge and belief , the information
contained in this announcement, insofar as it relates to SAB Zenzele and the Scheme, is true and,
where appropriate, does not omit anything that is likely to affect the importance of the information
contained herein and that all reasonable enquiries to ascertain such information has been made.
Enquiries: visit https://www.computershare.com/za/sab-zenzele-kabili or call 0861 100 937 or email
SABKabili@computershare.co.za.
Bryanston
25 May 2021
JSE Sponsor to SAB Zenzele Kabili
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 25-05-2021 07:05:00
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