DENEL SOC LIMITED - New Financial Instrument Listing Announcement - DENG91

New Financial Instrument Listing Announcement - DENG91

DENEL SOC LIMITED
Stock Code:    DENG91
ISIN Code:     ZAG000162041

New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to DENEL SOC LIMITED on
Interest Rate Market with effect from 22 August 2019.

Authorised Programme size:         R 4,000,000,000.00
Total Notes Outstanding
(Including this issuance):         R 3,264,000,000.00

INSTRUMENT TYPE:                   FLOATING RATE NOTE
Bond Code                          DENG91
Nominal Issued                     R 50,000,000.00
Issue Price                        100%
Coupon                             9.333% (3 Month JIBAR as at 16
                                   August 2019 of 6.833% plus 250 bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                20 August 2021
Books Close Date(s)                10 February, 10 May, 10 August, 10
                                   November
Interest Payment Date(s)           20 February, 20 May, 20 August, 20
                                   November
Last Day to Register               By 17:00 on 9 February, 9 May, 9
                                   August, 9 November
Issue Date                         22 August 2019
Date Convention                    Modified Following
Interest Commencement Date         22 August 2019
First Interest Payment Date        20 November 2019
ISIN No.                           ZAG000162041
Additional Information             Senior   Unsecured   Floating   Rate
                                   Notes
Additional Information             The   notes   are  guaranteed   by   the
                                    Government of the Republic of South
                                    Africa

The note will be immobilised 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:

Allister Lamont-Smith        Nedbank CIB         +27 11 2944833
Corporate Actions            JSE                 +27 11 5207000

22 August 2019

Sponsor: Nedbank Corporate and Investment Banking, a division of
Nedbank Limited.

Date: 22/08/2019 10:00:00
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