NEDBANK GROUP LIMITED - Listing of New Financial Instrument

Listing of New Financial Instrument

NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06
JSE Alpha Code: NEDI


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted approval for a new financial instrument listing to Nedbank Group Limited under
its Domestic Medium Term Note Programme as follows:

Bond code:                                                NGL02G
Authorised programme size:                                R40,000,000,000.00
Total amount in issue after this issuance:                R23,143,000,000.00
Instrument type:                                          Floating rate note
Nominal issued:                                           R2 074 000 000
Issue price:                                              100%
Interest rate:                                            3 Month JIBAR as at 03 October 2023 plus a
                                                          margin of 1.715%
Trade type:                                               Price
Maturity date:                                            4 October 2033
Books close dates:                                        30 December, 30 March, 29 June and 29
                                                          September
Interest payment dates:                                   4 January, 4 April, 4 July and 4 October
Last day to register:                                     By 17:00 on 29 December, 29 March, 28 June and
                                                          28 September
Issue date:                                               03 October 2023
Date convention:                                          Modified Following
Interest commencement date:                               3 October 2023
First interest payment date:                              4 January 2024
Call date:                                                4 October 2028
ISIN:                                                     ZAG000199431
Additional information:                                   Sustainability use of proceeds note
                                                          Subordinated, unsecured – Tier 2

The Applicable Pricing Supplement is available on the following link:
https://www.nedbank.co.za/content/dam/nedbank/site-
assets/AboutUs/Investor%20Centre/Debt%20Investor/Debt%20Investor%20Programme/Pricing%20Supple
ments/Subordinated%20Debt/NEDBANK%20GROUP_DMTN_SUB%20NOTE_T2_NGL02G_APS.pdf


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:

Nhlanganiso Kunene                       Nedbank CIB          +27 10 234 8620
Corporate Actions                        JSE                  +27 11 520 7000

02 October 2023
Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 02-10-2023 10:52:00
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