LOMBARD INSURANCE COMPANY LIMITED - LOM01 - New Listing-Lombard Insurance Company Limited

LOM01 - New Listing-Lombard Insurance Company Limited

LOMBARD INSURANCE COMPANY LIMITED
Bond Code: LOM01
ISIN No: ZAG000121609

NEW FINANCIAL INSTRUMENT LISTING

The JSE Limited has granted a listing to LOMBARD INSURANCE COMPANY LIMITED on Interest Rate
Market with effect from 25 November 2014 under its Unsecured Subordinated Note Programme dated 17
November 2014.

INSTRUMENT TYPE:                    FLOATING RATE NOTE


Authorised Programme size           R1, 000,000,000.00

                                        st
Total Notes in issue                Nil-1 Issuance

Full Note details are as follows:



Bond Code                           LOM01

Nominal Issued                      R 200,000,000.00

Issue Price                         100%

Coupon                              10.842% (3 Month JIBAR as at 19 November 2014 of 6.092% plus
                                    475 bps)

Coupon Indicator                    Floating

Trade Type                          Price

Maturity Date                       25 November 2019

Books Close                         15 February, 15 May, 15 August and 15 November

Interest Payment Date(s)            25 February, 25 May, 25 August and 25 November

Last Day to Register                By 17:00 on 14 February, 14 May, 14 August and 14 November

Issue Date                          25 November 2014
Date Convention                     Following

Interest Commencement Date          25 November 2014

First Interest Payment Date         25 February 2015

ISIN No.                            ZAG000121609

Additional Information              Unsecured Subordinated Notes




The notes will be immobilised in the Central Securities Depository and settlement will take place electronically
in terms of JSE Rules.

25 November 2014

Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)

Date: 25/11/2014 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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