DENEL SOC LIMITED - New Financial Instrument - DENG97

New Financial Instrument - DENG97

DENEL SOC LIMITED

Stock Code:          DENG97
ISIN Code:           ZAG000165093

New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to DENEL SOC LIMITED on
Interest Rate Market with effect from 11 December 2019.


Authorised Programme size:                    R 4,000,000,000.00
Total Notes Outstanding
(Including this issuance):                    R 3,415,000,000.00



Bond Code                                     DENG97
Nominal Issued                                R 290,000,000.00
Issue Price                                   100%
Coupon                                        8.55% (3 Month JIBAR as at 06 Dec
                                              2019 of 6.8% plus 175 bps)
Coupon Rate Indicator                         Floating
Trade Type                                    Price
Final Maturity Date                           11 December 2020
Books Close Date(s)                           1 March, 1 June, 1 September, 1
                                              December
Interest Payment Date(s)                      11 March, 11 June, 11 September, 11
                                              December
Last Day to Register                          By 17:00 on 29 February, 31 May, 31
                                              August, 30 November
Issue Date                                    11 December 2019
Date Convention                               Modified Following
Interest Commencement Date                    11 December 2019
First Interest Payment Date                   11 March 2020
ISIN No.                                      ZAG000165093
Additional Information                        RSA Guarantee

Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDocuments/DENG97%20Pricing%20Sup
                                           plement%2011122019.pdf



The 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:


Allister Lamont-Smith            Nedbank CIB                       +27 11 2944833
Corporate Actions                JSE                               +27 11 5207000
11 December 2019

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

Date: 11-12-2019 10:28:00
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