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New Financial Instrument Listing - ASN359, ASN360, ASN361, ASN362, ASN363 and ASN364
ABSA BANK LIMITED
(Registration number 1986/004794/06)
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted a financial instrument listing to ABSA BANK LIMITED “ASN359, ASN360, ASN361,
ASN362, ASN363 and ASN364 notes” under its Master Structured Note Programme Memorandum.
Full Note details are as follows:
Index Credit Suisse GEM 10% Risk Control (ER) Index
Listing Date 06 September 2019
Issue Size 30,014
Issue Price (ZAR) 1,000
Maturity Date 15 August 2024
JSE Long Code ABMBSN359-15AUGUST2024
JSE Short Code ABMBSN359
JSE Alpha Code ASN359
ISIN ZAE000277554
Sector Specialised Securities
Sub – Sector Investment Products
Full Note details are as follows:
Index Credit Suisse GEM 10% Risk Control (ER) Index
Listing Date 06 September 2019
Issue Size 15,009
Issue Price (ZAR) 1,000
Maturity Date 20 August 2024
JSE Long Code ABMBSN360-20AUGUST2024
JSE Short Code ABMBSN360
JSE Alpha Code ASN360
ISIN ZAE000277562
Sector Specialised Securities
Sub – Sector Investment Products
Full Note details are as follows:
Index Credit Suisse GEM 10% Risk Control (ER) Index
Listing Date 06 September 2019
Issue Size 50,000
Issue Price (ZAR) 1,000
Maturity Date 21 August 2024
JSE Long Code ABMBSN361-21AUGUST2024
JSE Short Code ABMBSN361
JSE Alpha Code ASN361
ISIN ZAE000277570
Sector Specialised Securities
Sub – Sector Investment Products
Full Note details are as follows:
Index Credit Suisse GEM 10% Risk Control (ER) Index
Listing Date 06 September 2019
Issue Size 41,896
Issue Price (ZAR) 1,000
Maturity Date 23 August 2024
JSE Long Code ABMBSN362-23AUGUST2024
JSE Short Code ABMBSN362
JSE Alpha Code ASN362
ISIN ZAE000277588
Sector Specialised Securities
Sub – Sector Investment Products
Full Note details are as follows:
Index Credit Suisse GEM 10% Risk Control (ER) Index
Listing Date 06 September 2019
Issue Size 81,975
Issue Price (ZAR) 1,000
Maturity Date 23 August 2024
JSE Long Code ABMBSN363-23AUGUST2024
JSE Short Code ABMBSN363
JSE Alpha Code ASN363
ISIN ZAE000277596
Sector Specialised Securities
Sub – Sector Investment Products
Full Note details are as follows:
Index Credit Suisse GEM 10% Risk Control (ER) Index
Listing Date 06 September 2019
Issue Size 46,794
Issue Price (ZAR) 1,000
Maturity Date 23 August 2024
JSE Long Code ABMBSN364-23AUGUST2024
JSE Short Code ABMBSN364
JSE Alpha Code ASN364
ISIN ZAE000277604
Sector Specialised Securities
Sub – Sector Investment Products
Other provisions
Condition 9 titled “Taxation” in the section II-A of the Master Programme Memorandum titled “Terms and
Conditions of the Notes” is amended in relation to this Tranche of Notes by (i) the replacement of the words
after the dash in Condition 9.3 with the words “provided that this exception shall only apply to that portion of
the withholding or deduction which could lawfully have been so reduced”, (ii) the deletion of Condition 9.8 and
(iii) the insertion of the following additional paragraphs immediately after Condition 9.7:
“9.8 where such withholding or deduction is imposed on a payment to an individual and is required to be
made pursuant to European Council Directive 2003/48/EC (or any other directive implementing the
conclusions of the 2312th Economic and Financial Affairs Council (ECOFIN) meeting of 26 and 27
November 2000) on the taxation of savings income or any law implementing or complying with, or
introduced in order to conform to, such directive; or
9.9 held by or on behalf of a Noteholder in circumstances where such party could lawfully reduce the
amount of taxation otherwise levied or leviable upon the principal or interest by virtue of any tax treaty
or non-South African tax laws applicable to such Noteholder, whether by way of a tax credit, rebate
deduction or reduction equal to all or part of the amount withheld or otherwise, and whether or not it is
actually claimed and/or granted and/or allowed; or
9.10 in respect of any present or future taxes, duties, assessments or governmental charges of whatever
nature which are payable otherwise than by withholding from payment of principal or interest, if any,
with respect to such Note; or
9.11 where any combination of the scenarios or occurrences contemplated in Conditions 9.1 to 9.10 above
occurs the Issuer is not liable for or otherwise obliged to pay any taxes that may arise as a result of the
ownership, transfer or redemption of any Note.
If the Issuer becomes subject generally at any time to any taxing jurisdiction, authority or agency other than or
in addition to the Republic South Africa, references in Conditions 8.2 (Redemption for Tax Reasons or due to
a Change in Law) and 9 (Taxation) to South Africa shall be read and construed as references to South Africa
and/or to such other jurisdiction, authority or agency.”
05 September 2019
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 05/09/2019 10:00:00
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