United Docks : Communique

COMMUNIQUÉ

Further to its communiqués dated 1st July 2022 and 1st August 2022 respectively regarding the capital raising of Rs. 750 million through a subscription for notes offered by way of private placement under a secured Note Programme, the Board of Directors of United Docks Ltd (the "Company") is pleased to inform the shareholders of the Company and the public in general that the Listing Executive Committee of the Stock Exchange of Mauritius Ltd ("SEM") has given its approval to the listing of the notes on the Official Market of the SEM.

The salient features of the notes to be listed on the Official Market of the SEM are as follows:-

Tranche Details	Rs. 750M fully subscribed and issued
Type of Notes	Secured Fixed Rate Notes
Tranche Reference	7Y FINOTE
Interest Rate per annum	Fixed Rate of 5.10%
Tenor	7 year
Maturity Date	25 July 2029

The first day of listing on the Official Market of the SEM will be the 29th August 2022, on which day 2,000 notes will be made available to the market from willing sellers at an indicative yield to maturity* of 4.90% per annum.

• (the corresponding price will be adjusted to the nearest tick size as per Trading Procedures)

This communiqué is for information purposes only and does not constitute an invitation or offer to acquire or purchase the notes and any decision to do so should be done only after consideration of the information contained in the Listing Particulars and by consulting an independent financial adviser.

By order of the Board

ECS Secretaries Ltd

Company Secretary

23rd August 2022

This communiqué is issued pursuant to Listing Rule 10.4 and as per the Securities Act 2005.

The Board of Directors of the Company accepts full responsibility for the accuracy of the information contained in this communiqué.

BRN: C07009846