OLD MUTUAL LIFE ASSURANCE CO SA LIMITED - Interest payment and full capital redemption notifications - OLDM

Interest payment and full capital redemption notifications - OLDM

OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LIMITED
Registration number 1999/004643/06
JSE alpha code: OLDM

INTEREST PAYMENT AND FULL CAPITAL REDEMPTION NOTIFICATIONS

1. Interest payments

   Bondholders are advised of the following interest payment:

   Bond code:                 OML06
   ISIN:                      ZAG000124561
   Coupon:                    10.32%
   Interest period:           19 March 2020 to 18 September 2020
   Interest amount due:       R 21 104 400.00
   Payment date:              21 September 2020
   Date convention:           Following business day

   Bond code:                 OML07
   ISIN:                      ZAG000124579
   Coupon:                    10.955%
   Interest period:           19 March 2020 to 18 September 2020
   Interest amount due:       R 62 991 250.00
   Payment date:              21 September 2020
   Date convention:           Following business day

   Bond code:                 OML08
   ISIN:                      ZAG000129628
   Coupon:                    6.192%
   Interest period:           14 June 2020 to 13 September 2020
   Interest amount due:       R 20 102 115.95
   Payment date:              14 September 2020
   Date convention:           Following business day

   Bond code:                 OML09
   ISIN:                      ZAG000129636
   Coupon:                    10.90%
   Interest period:           14 March 2020 to 13 September 2020
   Interest amount due:       R 30 956 000.00
   Payment date:              14 September 2020
   Date convention:           Following business day

   Bond code:                 OML10
   ISIN:                      ZAG000129644
   Coupon:                    11.35%
   Interest period:           14 March 2020 to 13 September 2020
   Interest amount due:       R 35 355 250.00
   Payment date:              14 September 2020
   Date convention:           Following business day
   
   Bond code:                 OML11
   ISIN:                      ZAG000160094
   Coupon:                    5.492%
   Interest period:           11 June 2020 to 10 September 2020
   Interest amount due:       R 27 685 698.63
   Payment date:              11 September 2020
   Date convention:           Following business day

2. Full capital redemption

   In accordance with the provisions of the terms and conditions of the Old Mutual Life Assurance
   Company (South Africa) Limited / Old Mutual Insure Limited / Old Mutual Limited
   ZAR25 000 000 000 Unsecured Subordinated Callable Note Programme dated 4 March 2020,
   bondholders are herewith advised of the full capital redemption of OML08 effective Monday, 14
   September 2020 as follows:

                                                     Amount outstanding
    JSE Stock                   Capital redemption      after capital
      code          ISIN             amount              redemption              Record date
      OML08     ZAG000129628     R1 288,000,000.00          R0.00         Friday, 11 September 2020

04 September 2020
Debt Sponsor: Nedbank CIB, a division of Nedbank Limited

Date: 04-09-2020 10:00:00
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