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BRAIT SE - Convertible bond conversion price adjustment

Release Date: 10/08/2017 17:00
Code(s): BAT     PDF:  
Wrap Text
Convertible bond conversion price adjustment

Brait SE
(Registered in Malta as a European Company)
(Registration No. SE1)
Share code: BAT ISIN: LU0011857645
Bond code: WKN: A1Z6XC ISIN: XS1292954812
LEI code: 549300VB8GBX4UO7WG59
(“Brait”, “the Company”)


CONVERTIBLE BOND CONVERSION PRICE ADJUSTMENT

Capitalised terms not otherwise defined in this announcement shall have the meaning given to
them in the terms and conditions of the Convertible Bonds (the “Conditions”).

The Issuer hereby notifies Shareholders and Bondholders that, as a result of the bonus share issue with
cash dividend alternative to Shareholders on Record Date on 4 August 2017 (as announced on 30 June
2017), the Convertible Bond Conversion Price is adjusted from GBP7.8400 to GBP7.7613 in accordance
with the Conditions (including, but not limited to, the definition of “Dividend”, and Conditions 6(b)(ii),
6(b)(iii) and 6(f)), effective 2 August 2017.

In accordance with Condition 11(xii), the aggregate amounts of cash dividends paid and bonus
shares issued used to determine the aforementioned adjustment to the Conversion Price are
available on the group website www.brait.com.


Malta
10 August 2017

Brait’s primary listing is on the Euro MTF market of the Luxembourg Stock Exchange and its secondary
listing is on the Johannesburg Stock Exchange.

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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