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KAP INDUSTRIAL HOLDINGS LIMITED - New financial instrument listings

Release Date: 17/11/2022 10:00
Code(s): KAP029 KAP028     PDF:  
Wrap Text
New financial instrument listings

KAP INDUSTRIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1978/000181/06)
JSE alpha code: KAP
LEI code: 3789001F51BC0045FD42
(“KAP”)

NEW FINANCIAL INSTRUMENT LISTINGS

The JSE Limited has granted approval for new financial instrument listings to KAP under its Domestic
Medium-Term Note programme dated 13 December 2019. The notes are jointly and severally,
unconditionally and irrevocably guaranteed by KAP Automotive Proprietary Limited, Restonic Proprietary
Limited, PG Bison Proprietary Limited, Safripol Proprietary Limited, Unitrans Passenger Proprietary Limited
and Unitrans Supply Chain Solutions Proprietary Limited.

    1. KAP028

        Authorised programme size:                     R10 000 000 000.00
        Total amount in issue after this issuance:     R7 358 000 000.00
        Instrument type:                               Floating rate note
        Bond code:                                     KAP028
        Nominal issued:                                R600 000 000.00
        Issue price:                                   100%
        Coupon:                                        3 Month JIBAR as at 15 November 2022 plus 137
                                                       bps
        Coupon rate indicator:                         Floating
        Trade type:                                    Price
        Final maturity date:                           18 November 2025
        Books close dates:                             08 February to 17 February, 08 May to 17 May, 08
                                                       August to 17 August and 08 November to 17
                                                       November
        Interest payment dates:                        18 February, 18 May, 18 August and 18 November
        Last day to register:                          By 17h00 on 07 February, 07 May, 07 August and
                                                       07 November
        Issue date:                                    18 November 2022
        Date convention:                               Following
        Interest commencement date:                    18 November 2022
        First interest payment date:                   18 February 2023
        ISIN:                                          ZAG000192139
        Additional information:                        Senior Unsecured
        Additional terms and conditions:               N/A

    2. KAP029

        Authorised programme size:                     R10 000 000 000.00
        Total amount in issue after this issuance:     R7 558 000 000.00
        Instrument type:                               Floating rate note
        Bond code:                                     KAP029
        Nominal issued:                                R200 000 000.00
        Issue price:                                   100%
        Coupon:                                        3 Month JIBAR as at 15 November 2022 plus 150
                                                       bps
        Coupon rate indicator:                         Floating
        Trade type:                                    Price
        Final maturity date:                           18 November 2027
        Books close dates:                             08 February to 17 February, 08 May to 17 May, 08
                                                       August to 17 August and 08 November to 17
                                                       November
        Interest payment dates:                        18 February, 18 May, 18 August and 18 November
        Last day to register:                           By 17h00 on 07 February, 07 May, 07 August and
                                                        07 November
        Issue date:                                     18 November 2022
        Date convention:                                Following
        Interest commencement date:                     18 November 2022
        First interest payment date:                    18 February 2023
        ISIN:                                           ZAG000192121
        Additional information:                         Senior Unsecured
        Additional terms and conditions:                N/A


The Applicable Pricing Supplements are available at www.kap.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 11 520 7000


17 November 2022
Debt sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 17-11-2022 10:00:00
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