AFRICAN BANK LIMITED - ABKI - Interest Payment Notifications

ABKI - Interest Payment Notifications

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2014/176899/06)
Company code: ABKI
LEI: 2549008X8SL1B1J86F98
Bond code: ABJ01      ISIN: ZAG000164914
Bond code: ABJ02      ISIN: ZAG000175241
Bond code: ABJ03      ISIN: ZAG000179607
Bond code: ABJ04      ISIN: ZAG000184680
Bond code: ABJ05      ISIN: ZAG000184698
Bond code: ABKI04 ISIN: ZAG000134578
(“African Bank”)

INTEREST PAYMENT NOTIFICATIONS

Noteholders are advised of the following interest payment due 4 September 2023:

Bond code:                  ABJ01
ISIN:                       ZAG000164914
Coupon:                     12.292%
Interest amount due:        ZAR 16 855 194.52
Interest period:            5 June 2023 to 3 September 2023
Payment date:               4 September 2023
Date Convention:            Modified Following Business Day

Noteholders are advised of the following interest payment due 13 September 2022:

Bond code:                  ABKI04
ISIN:                       ZAG000134578
Nominal amount:             ZAR 480 000 000
Interest rate:              5.750%
Rate for the period:        2.875%
Base CPI (rebased):         66.33134
Reference CPI:              109.68000
Applicable formula:         (Nominal Amount x CPI Adjustment x Interest Coupon Rate) /2,
                            where:
                            - CPI Adjustment = Reference CPI / Base CPI; and
                            - Ref CPIDate = Ref CPIJ + [t – 1 / D] X (Ref CPIJ+1 – Ref CPIJ),
                            all of the above terms as defined in the applicable pricing
                            supplement
Interest amount due:        ZAR 22 818 533.79
URL:                        https://www.africanbank.co.za/en/home/corporate-info-
                            debt-investor-info, by selecting 2016 under “Funding
                            overview” to access the relevant pricing supplement

Noteholders are advised of the following interest payment due 14 September 2023:

Bond code:                  ABJ03
ISIN:                       ZAG000179607
Coupon:                     11.175%
Interest amount due:        ZAR 10 083 830.14
Interest period:            14 June 2023 to 13 September 2023
Payment date:               14 September 2023
Date Convention:            Modified Following Business Day

Noteholders are advised of the following interest payments due 29 September 2023:

Bond code:                  ABJ02
ISIN:                       ZAG000175241
Coupon:                     11.440%
Interest amount due:        ZAR 14 317 865.21

Bond code:                  ABJ04
ISIN:                       ZAG000184680
Coupon:                     11.090%
Interest amount due:        ZAR 4 285 601.37

Bond code:                  ABJ05
ISIN:                       ZAG000184698
Coupon:                     11.500%
Interest amount due:        ZAR 5 877 602.74

Interest period:            30 June 2023 to 28 September 2023
Payment date:               29 September 2023
Date Convention:            Modified Following Business Day

25 August 2023

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

Date: 25-08-2023 09:10:00
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.