RENERGEN LIMITED - Redemption of Convertible Notes

Redemption of Convertible Notes

RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
ISIN: ZAE000202610
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
(“Renergen” or “the Company”)


REDEMPTION OF CONVERTIBLE NOTES

Emerging natural gas and helium producer, Renergen (or “the Company”), announces the
redemption of Convertible Notes (or “Notes”), issued in December 2018. The Notes have been
redeemed at their face value of AUD 500,000. The Notes had an interest rate of 15% per
annum and were convertible into shares at an equivalent price of AUD 0.74 per share.

Renergen CEO Stefano Marani commented “Redemption of the Notes is a positive
development for Renergen. It improves the Company’s capital structure, by reducing
expensive debt from the balance sheet and limits the potential for existing shareholders to be
diluted at a price per share far below the current share price.”

Johannesburg
17 September 2019


Designated Advisor
PSG Capital

For Australian Investors & Media, contact Citadel-MAGNUS
Cameron Gilenko, 0466 984 953
Tom Kohlen, 0419 95 526

Date: 17/09/2019 09:00:00
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.