RECM and Calibre Limited has entered into a loan agreement ("the Loan Agreement") with Unicorn Capital Partners Limited ("Unicorn"), a company in which it has an indirect 37.38% interest, in order to provide interim, unsecured funding to Unicorn of up to ZAR 20 million ("the Facility"). The Loan Agreement is unconditional and immediately effective and a portion of the Facility was advanced to Unicorn on 20 March 2020. Funds drawn under the Facility incur interest at a rate of 24% per annum and are repayable by no later than 30 April 2020. The purpose of the Facility is to provide access to funding in anticipation of the receipt of funds pursuant to the Disposal.