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Notice of the Results of the Request for Written Consent from the Bondholders
BRAIT INVESTMENT HOLDINGS LIMITED
(Registered in Mauritius as a Public Limited Company)
(Registration number: 183308 GBC)
JSE Alpha code: BIHLEB ISIN: MU0707E00002
LEI: 8755004E9YEXF8GHCY56
Bond CFI: DCFUCR Bond FISN: Brait/5.00 FXD BD 20241203
("BIH" or "the "Issuer")
NOTICE OF THE RESULTS OF THE REQUEST FOR WRITTEN CONSENT FROM THE BONDHOLDERS
The holders of the outstanding R2,119,497,750 6.00% Senior Unsecured Exchangeable Bonds with a
principal amount of R750 each due 2027 exchangeable into Brait Plc ordinary shares issued by BIH
("Exchangeable Bonds") issued on 20 December 2021 ("Bondholders") are referred to the
announcement and notice to Bondholders published by the Issuer on Friday, 31 July 2026 ("Notice")
requesting written consent from the Bondholders of the outstanding Exchangeable Bonds for the
extraordinary resolutions proposed by the Issuer described therein to be passed by written resolution
("Extraordinary Written Resolutions").
Bondholders were invited to sign the Extraordinary Written Resolutions and deliver a signed copy
thereof as set out in paragraph 8 of the Notice by no later than 17h00 Johannesburg time, on 31
August 2026 (the "Deadline Date").
The following Extraordinary Written Resolutions were included in the Notice:
EXTRAORDINARY WRITTEN RESOLUTION NUMBER 1
Pursuant to Condition 14(a)(xii) and 14(b) of the EB Terms and Conditions, the Bondholders approve
the amendment and restatement of the EB Terms and Conditions on the terms set out in Schedule 2 of
the Notice (the "Amended and Restated Terms and Conditions").
EXTRAORDINARY WRITTEN RESOLUTION NUMBER 2
Pursuant to Condition 14(a)(xii) and 14(b) of the EB Terms and Conditions, the Bondholders consent
to amendments, if any, to the Deed Poll to align with the Amended and Restated Terms and Conditions.
Prior to the Deadline Date, Extraordinary Written Resolutions representing in the aggregate 70.8 per
cent of the outstanding principal amount of the Exchangeable Bonds had been received as per the
below table.
Extraordinary Total outstanding Debt securities Debt Votes Votes Votes
Resolutions principal amount of voted, disclosed as securities abstained, carried for against the
debt securities in a number voted, as a the resolution,
issue disclosed percentage resolution, as a
as a as a percentage
percentage percentage
1 R2,119,497,750.00 R1,500,900,750.00 70.8% - 100% -
2 R2,119,497,750.00 R1,500,900,750.00 70.8% - 100% -
In terms of Condition 14(a)(xii) of the EB Terms and Conditions, Bondholders of not less than 66.67 per
cent of the outstanding principal amount of the Exchangeable Bonds have submitted consents
approving the Extraordinary Written Resolutions and the Extraordinary Written Resolutions have
therefore passed.
The Extraordinary Written Resolutions are binding on all Bondholders whether or not they submitted
electronic consents in respect of the Extraordinary Written Resolutions.
Port Louis, Mauritius
6 August 2026
The Issuer is a wholly owned subsidiary of Brait P.L.C., an investment holding company. BIH's Bonds
are dual listed on the Main Board of the exchange operated by the JSE Limited ( "JSE") as well as the
Official Market of the Stock Exchange of Mauritius ("SEM").
JSE Debt Sponsor:
Questco (Pty) Ltd
SEM Authorised Representative and Sponsor:
Perigeum Capital Ltd
Date: 06-08-2026 10:00:00
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