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FIRSTRAND BANK LIMITED - FRE001 - Listing of Structured Product Notes

Release Date: 02/10/2024 10:00
Code(s): FRE001     PDF:  
Wrap Text
FRE001 - Listing of Structured Product Notes

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
JSE company code structured product issuer: FRBT
LEI: ZAYQDKTCATIXF9OQY690
Stock code:   FRE001      ISIN:   ZAE000339909
(FRB)


LISTING OF STRUCTURED PRODUCT NOTES

The JSE Limited (JSE) has granted FRB approval for the listing of the FRE001 structured products
notes (SPs), which will be listed on the main board of the JSE in the investment products sector, with
effect from the commencement of business on 10 October 2024 and traded through any authorised
user of the JSE. These SPs will be subject to the standard tax treatment for listed instruments and are
classified as inward listed securities.

 Long name:                                  FRB SP3510Oct291
 Short name:                                 FRBSP2901
 Stock code:                                 FRE001
 ISIN code:                                  ZAE000339909
 Instrument number:                          117970
 Issue size (units):                         21 932 structured notes of R1 000 each
 Underlying asset and ISIN:                  Eurostoxx50 Price Return Index and MSCI Emerging
                                             Market Price Return Index
 Issue date:                                 10 October 2024
 Denomination:                               ZAR
 Issue price (Rands):                        R1 000
 Interest payment date:                      11 October 2027
 Fixed Coupon amount:                        An amount in ZAR determined and calculated by the
                                             calculation agent equal to the below:
                                             FCA =50%*ANA*(30%), all definitions used in this
                                             calculation are as per the pricing supplement
 Instalment dates:                           11 October 2027 and the maturity date
 Instalment amounts:                         On each instalment date, an amount in ZAR determined
                                             and calculated by the calculation agent as per the pricing
                                             supplement
 Maturity date:                              10 October 2029
 Final redemption amount:                    As determined by the calculation agent in accordance with
                                             paragraph 9 of the pricing supplement
 Contact:                                    David van Wyk
 Telephone number:                           +27 11 282 8000

The pricing supplement will be available for inspection through a secure electronic manner at the
election of the person requesting inspection, upon request, and has been made available for inspection
on the FirstRand Limited website: https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-
instruments/.


2 October 2024

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

Date: 02-10-2024 10:00:00
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