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NEDBANK LIMITED - NN340-Tap Issue

Release Date: 04/10/2024 11:24
Code(s): NN340     PDF:  
Wrap Text
NN340-Tap Issue

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

ADDITIONAL LISTING OF FINANCIAL INSTRUMENT

The JSE Limited has granted approval for a Tap Issuance of the NN340 financial instrument to Nedbank
Limited under its Structured Note Programme dated 8 February 2019 as follows:


Tap Issue Amount:                            R77,500,000.00
Nominal amount following Tap Issue:          R92,900,000.00

New instrument:                              NN340
Authorised programme size:                   R60,000,000,000.00
Total amount in issue after this issuance:   R31,458,236,456.00
Instrument type:                             Combined inflation linked and credit linked
Nominal issued:                              R77,500,000.00
Issue price:                                 129.65562%
Interest rate:                               2.25% per annum payable semi-annually, adjusted for inflation
                                             as per paragraph 7 of the applicable pricing supplement
Trade type:                                  Yield
Maturity date:                               31 January 2038
Books close dates:                           21 January and 21 July
Interest payment dates:                      31 January and 31 June
Last day to register:                        By 17:00 on 20 January and 20 July
Issue date:                                  7 October 2024
Date convention:                             Following business day
Interest commencement date:                  31 July 2024
First interest payment date:                 31 January 2025
ISIN:                                        ZAG000208943
Additional information:                      Senior, unsecured

The Applicable Pricing Supplement is available at: Debt investors programme (nedbank.co.za)

The notes relating to the new financial instrument ("Notes") 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 Notes please contact:

Corporate Actions JSE                        +27 11 5207000

4 October 2024

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

Date: 04-10-2024 11:24:00
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