NITRO PROGRAMME (RF) LIMITED - NTPI - Notification of a Partial Capital Reduction of Listed Debt Securities and Interest Payments

NTPI - Notification of a Partial Capital Reduction of Listed Debt Securities and Interest Payments

Nitro Programme (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2018/453364/06)
Company code: NTPI
LEI: 3789009AE068A5525397
Bond Code: N7B25        ISIN: ZAG000159039
Bond Code: N7C25        ISIN: ZAG000159047
Bond Code: N7D25        ISIN: ZAG000159054
Bond Code: N7E25        ISIN: ZAG000159062
(“Nitro Programme” or the “Issuer”)


NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES AND INTEREST
PAYMENTS

NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the Terms and Conditions of Nitro Programme’s ZAR 6 000 000 000.00 Asset
Backed Securities Programme dated 25 April 2019 (the “Programme”), noteholders are herewith
advised of the partial capital reduction of the N7B25 notes (the “notes”).

Bond Code:                      N7B25
ISIN:                           ZAG000159039
Amount before Reduction:        ZAR 170 714 000.00
Reduction Amount:               ZAR 74 054 000.00
Amount after Reduction:         ZAR 96 660 000.00
Record Date:                    19 September 2022
Effective and Pay Date:         20 September 2022

The partial capital reduction is due to the early redemption of the notes by the Issuer and is in line
with the terms and conditions set out in the Programme.


INTEREST PAYMENT NOTIFICATIONS

Noteholders are advised of the following interest payments due 20 September 2022:

Bond code:                      N7B25
ISIN:                           ZAG000159039
Coupon:                         6.272%
Interest amount due:            ZAR 2 698 796.58

Bond code:                      N7C25
ISIN:                           ZAG000159047
Coupon:                         7.742%
Interest amount due:            ZAR 1 951 408.22

Bond code:                      N7D25
ISIN:                           ZAG000159054
Coupon:                         8.992%
Interest amount due:            ZAR 1 813 181.37

Bond code:                      N7E25
ISIN:                           ZAG000159062
Coupon:                         10.142%
Interest amount due:            ZAR 1 533 803.84


Interest period:                20 June 2022 to 19 September 2022
Payment date:                   20 September 2022
Date Convention:                Modified Following Business Day



09 September 2022

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

Date: 09-09-2022 08:15:00
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