FIRSTRAND BANK LIMITED - FRC475 - Notification of a partial capital reduction of listed debt securities and accrued interest payment

FRC475 - Notification of a partial capital reduction of listed debt securities and accrued interest payment

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC475
ISIN: ZAG000196593
(FRB)


NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES AND ACCRUED
INTEREST PAYMENT

In accordance with the terms and conditions of FRB's R 60 000 000 000.00 note programme dated
29 November 2011, as amended or supplemented from time to time, noteholders are herewith advised of the
partial capital reduction of the FRC475 notes (the notes) and accrued interest payment.

Bond code:                                                     FRC475
ISIN:                                                          ZAG000196593
Nominal amount before reduction:                               R227 000 000.00
Reduction in nominal amount:                                   R10 000 000.00
Nominal amount after reduction:                                R217 000 000.00
Settlement/redemption amount:                                  R7 060 000.00, including accrued interest
                                                               payment and in accordance with paragraph
                                                               37 of the pricing supplement
Effective date:                                                14 June 2024
Record date (for STRATE purposes):                             13 June 2024
Pay/settlement date:                                           2 May 2024


Accrued interest amount:                                       R 3 841.64, included in the settlement amount
Annualised interest rate:                                      7.011%
Interest period:                                               30 April 2024 to 1 May 2024


This reduction is due to the repurchase of the notes by FRB, in accordance with the terms and conditions of the
FRC475 notes.



13 June 2024

Debt sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

Date: 13-06-2024 08:45:00
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.