LEWIS GROUP LIMITED - Notification of the Amendments of a Technical/Regulatory Nature to The Programme Memorandum

Notification of the Amendments of a Technical/Regulatory Nature to The Programme Memorandum

Lewis Group Limited
Incorporated in the Republic of South Africa
Registration Number: 2004/009817/06
Share Code: LEW
ISIN Code: ZAE 000058236
Bond code: LEWI
(“Lewis” or “the company”)


NOTIFICATION OF THE AMENDMENTS OF A TECHNICAL/REGULATORY NATURE TO THE
PROGRAMME MEMORANDUM


Lewis has amended and restated its ZAR2 000 000 000 Domestic Medium Term Note Programme
Memorandum dated 21 February 2019, unconditionally and irrevocably guaranteed, jointly and severally, by
the Guarantor (from time to time and for the time being) being Lewis Stores Proprietary Limited, to amend for
a technical and regulatory update following the publication of the updated JSE Debt Listings Requirements
(“DLRs”).

A summary of the changes effected in the updated ZAR2 000 000 000 Domestic Medium Term Note
Programme Memorandum dated 29 September 2021 (“Amended and restated Programme Memorandum” is
provided below:


    1.  The update to our legal adviser, ENSafrica’s address from 1 North Wharf Square, Loop Street,
       Foreshore, 8001 to 35 Lower Long Street, Foreshore, 8000.
    2. The update of the DMTN Programme and the Issuer Disclosure document in order to align the DMTN
       Programme with the updated DLRs which became effective on 31 August 2020, such amendments
       include:
              • the appointment of a Debt Officer who will act as the central contact person to assist
                   noteholders, among others, with compliance to the Terms and Conditions of the notes
              • amendments to provisions dealing with meetings of noteholders – affording noteholders
                   the ability to demand a meeting
              • additional disclosure in relation to directors, the company secretary and/or the Debt Officer
              • amendments in relation to repurchases
              • additional duties in relation to the audit committee
              • inclusions of references to policies relating to the evaluation of directors, conflicts of interest
                   and nominations of directors
    3. Ancillary changes to give effect to the above-mentioned amendments.


The updated programme memorandum is available for inspection at the registered office of Lewis and
on the Lewis website, https://www.lewisgroup.co.za/investors/bond-programme/


The updated Programme Memorandum and Issuer Disclosure Document will also be available for inspection
on the JSE Limited's website, www.jse.co.za.


07 October 2021

Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Sponsor
UBS South Africa (Pty) Ltd

Date: 07-10-2021 11:05:00
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.