Conversion Offer to AgriRewards Participants 2019

Name of Issuer Senwes Limited
Country of Incorporation ZA
Registration Number 1997/005336/06
ISIN Number ZAEZ00000018
Share Code ZXSWS

Notice of a voluntary Offer to AgriRewards Participants to convert AgriRewards benefits to Senwes Shares (“the Offer”)

In terms of the Offer, AgriRewards Participants, are afforded the opportunity to convert the accumulated cash benefits in the AgriRewards Scheme, at its current value, into shares in Senwes Limited. Senwes Capital (Pty) Limited, a full subsidiary of Senwes, holds an adequate number of Senwes shares in treasury to allocate and transfer Senwes shares to Participants that elect to accept the Offer. The impact on the Offer on the value of Senwes Shares are therefore neutral.

Important dates regarding the Offer 2019
Announce the Offer (ZAPS) 30 September
Record date for determining which Participants may receive the Offer 30 April
Publish the Offer and form of election/e-mail the Offer 1 October at 8:00
Opening date of Offer 1 October at 9:00
Closing Date to elect to convert to shares. Forms of election to reach the Transfer Secretary by 17:00 31 October at 17:00
Completed CSDP and Broker Mandates plus FICA documentation To be provided before the Closing Date
Finalisation 7 November
CSDP/broker accounts credited/updated with the shares, as applicable 8 November
Announcement relating to the results 11 November

To view the Offer click here

By order of the Board of Directors.

Date: 30-09-2019
Place: Klerksdorp

Company Secretary:
EM JOYNT (e-mail:

Notifications Officer: