AFRICAN BANK LIMITED - ABJ03 - Listing of New Financial Instrument

ABJ03 - Listing of New Financial Instrument

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registered Bank)
(Registration No. 2014/176899/06)
Company code: ABKI
Bond code: ABJ03
ISIN: ZAG000179607
(“African Bank” or the “Bank”)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted African Bank the listing of its ZAR358,000,000 Senior Unsecured
Floating Rate Notes due 14 September 2024 (ABJ03) under its ZAR25,000,000,000 Domestic
Medium Term Note Programme as documented in the Restated Programme Memorandum
dated 13 March 2019 (the “Programme”), effective 14 September 2021.

Debt Security Code:                        ABJ03
ISIN:                                      ZAG000179607
Type of Debt Security:                     Floating Rate Notes
Nominal Issued:                            ZAR358,000,000
Issue Date:                                14 September 2021
Issue Price:                               100%
Coupon Rate:                               3 month JIBAR plus 270 basis points
Interest Commencement Date:                14 September 2021
Interest Determination Date(s):            14 December,       14 March,      14 June   and
                                           14 September in each year up to the Maturity
                                           Date; with the first Interest Rate Determination
                                           Date being 9 September 2021
First Interest Payment Date:               14 December 2021
Interest Payment Date(s):                  14 December,       14 March,      14 June   and
                                           14 September of each year until the Maturity
                                           Date
Last Day to Register:                      By 17h00 on 3 December, 3 March, 3 June and
                                           3 September of each year until the Maturity
                                           Date
Books Close:                               4 December to 13 December, 4 March to
                                           13 March, 4 June to 13 June and 4 September to
                                           13 September of each year until the Maturity
                                           Date
Business Day Convention:                   Modified Following Business Day
Maturity Date:                             14 September 2024
Final Maturity Amount:                     100% of the Nominal Amount
Other:                                     The pricing supplement does not contain
                                           additional terms and conditions or changes to
                                           the terms and conditions as contained in the
                                           Programme
Summary of Additional Terms:               Not Applicable
Programme Amount:                          ZAR25,000,000,000
Total Notes in Issue Under Programme:      As at the Issue Date (but excluding the issuance
                                           of the ABJ03 Notes), the Issuer has issued Notes
                                           in the aggregate total Nominal Amount of
                                           ZAR3 743 682 751.00 under the Programme
                                           Memorandum dated 22 March 2016 and under
                                           the Programme Memorandum dated 13 March
                                           2019
Dealer:                                    FirstRand Bank Limited, acting through its Rand
                                           Merchant Bank division


13 September 2021

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 13-09-2021 08:00:00
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