NEDBANK LIMITED - Listing of New Financial Instrument

Listing of New Financial Instrument

NEDBANK LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1951/000009/06
JSE Alpha Code: BINBK

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted approval for a new financial instrument listing to Nedbank Limited under its Structured
Note Programme dated 8 February 2019 as follows:

New instrument:                                NN226
Authorised programme size:                     R30,000,000,000.00
Total amount in issue after this issuance:     R19,011,262,587.00
Instrument type:                               Combined Floating and Fixed rate
Bond code:                                     NN226
Nominal issued:                                R150,000,000.00
Issue price:                                   100%
Coupon (Floating):                             3-month JIBAR as at 21 June 2023 plus a margin of 0.875%
Coupon (Fixed):                                9.48% for the period from and including 21 December 2024
Trade type:                                    Price
Final maturity date:                           21 June 2026
Books close periods:                           11 March, 11 June, 11 September and 11 December
Interest payment dates (floating):             21 March, 21 June, 21 September and 21 December until 21 December
                                               2024
Interest payment dates (fixed):                21 March, 21 June, 21 September and 21 December until final maturity
                                               date
Last day to register:                          By 17h00 on 10 March, 10 June, 10 September and 10 December
Issue date:                                    21 June 2023
Date convention:                               Following business day
Interest commencement date (floating):         21 June 2023
Interest commencement date (fixed):            21 December 2024
First interest payment date (floating):        21 September 2023
First interest payment date (fixed):           21 March 2025
ISIN:                                          ZAG000197005
Additional information:                        Senior, Unsecured

The Applicable Pricing Supplement is available at: www.jse.co.za

The note relating to the new financial instrument (“Note”) will be dematerialised in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms of JSE Rules. For further information on the Note issue
please contact:


Corporate Actions JSE                        +27 11 5207000

20 June 2023

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 20-06-2023 10:00:00
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.