DENEL SOC LIMITED - New Financial Instrument Listing Announcement - DENG74

New Financial Instrument Listing Announcement - DENG74

DENEL SOC LIMITED

Stock Code:      DENG74
ISIN Code:       ZAG000147117


New Financial Instrument Listing Announcement

The JSE has granted a listing to Denel SOC Limited DENG74 under the
Denel SOC Limited ZAR3,000,000,000 Domestic Medium Term Note
Programme on the Interest Rate Market with effect from 29th
September 2017.

Authorised Programme size:         R 3,000,000,000.00
Total Notes Outstanding:           R 2,539,000,000.00

INSTRUMENT TYPE:                   FLOATING RATE NOTE

Bond Code                          DENG74
Nominal Issued                     R 585,000,000.00
Issue Price                        100%
Coupon                             8.4920% (3 Month JIBAR as at 27
                                   September 2017 of 6.992% plus 150
                                   bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                28 September 2018
Books Close Date(s)                18 March, 18 June, 18 September, 18
                                   December
Interest Payment Date(s)           28 March, 21 June, 28 September, 28
                                   December
Last Day to Register               By 17:00 on 17 March, 17 June, 17
                                   September, 17 December
Issue Date                         29 September 2017
Date Convention                    Modified Following
Interest Commencement Date         29 September 2017
First Interest Payment Date        28 December 2017
ISIN No.                           ZAG000147117
Additional Information             Senior   Unsecured   Floating   Rate
                                   Notes

The note will be immobilised in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms of
JSE Rules. For further information on the Note issue please
contact:
Allister Lamont-Smith        Nedbank CIB          +27 11 2944833
Corporate Actions            JSE                  +27 11 5207000

29th September 2017
Sponsor: Nedbank Corporate and Investment Banking, a division of
Nedbank Limited.




                                                           Page 2

Date: 29/09/2017 04:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.