We have audited the consolidated and separate annual financial statements of RDC Properties Limited set out on pages 9 to 46, which comprise the consolidated and separate statement of financial position as at 31 December 2022, and the consolidated and separate statement of profit or loss and other comprehensive income, consolidated and separate statement of changes in equity and consolidated and separate statement of cash flows for the year then ended, and notes to the annual financial statements, including a summary of significant accounting policies.

Shareholders are advised that the Company is currently finalising its audited Group financial results for the year ended 31 December 2022.

In line with section 5.4d of the Listing Requirements of the Botswana Stock Exchange (“BSE”), an issuer must publish a cautionary announcement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next, will differ by at least 10% from the financial results reported for the previous corresponding period.

The Company advises that, pursuant to private placement in respect of the issue of
RDC-CRB-1223-05 Notes:
(1) Notes in an aggregate nominal value of BWP 100,600,000 have been taken up by
subscribers therefor.
(2) The interest rate which applies is a fixed rate.
(3) The percentage interest rate is 8.75%.
(4) Interest is payable on the 9
th day of June and 9th day of December each year.
(5) The Issue Date is 9 December 2022.
(6) The Maturity Date is 9 December 2023.

This Applicable Pricing Supplement must be read in conjunction with the Programme Memorandum, dated 11 October 2018, prepared by the Issuer in connection with the RDC Properties Limited BWP500,000,000 Medium Term Note Programme (“the Programme Memorandum”), and the Supplementary Programme Memorandum, dated the 27th day of September 2021, as amended and/or supplemented from time to time (“Supplementary Memorandum”).

RDC Properties Limited (“RDCP”) will be refinancing their maturing P75 million RDCP004 senior unsecured listed Pula bond (due 9th December 2022).

Following the Bond Announcement on the Botswana Stock Exchange:
https://apis.bse.co.bw/storage/disclosures/11/2022/3438.pdf (18th November 2022) please find the Price Guidance of 8.75% to 9.00% for an RDCP 1-year Pula senior unsecured, BSE-listed fixed rate bond issuance.

Dear Investor 

RDC Properties Limited (“RDCP”) will be refinancing their maturing P75 million RDCP004 senior unsecured listed  Pula bond (due 9th December 2022).  

Following the Bond Announcement on the Botswana Stock Exchange:  

https://apis.bse.co.bw/storage/disclosures/11/2022/3438.pdf (18th November 2022) please find the Price  Guidance of 8.75% to 9.00% for an RDCP 1-year Pula senior unsecured, BSE-listed fixed rate bond issuance.