BIDVESTCO LIMITED - BID12 and BID13 - Listing of New Financial Instruments

BID12 and BID13 - Listing of New Financial Instruments

Bidvestco Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1966/011512/06)
Company code: BIBIDV
Bond code: BID12 ISIN: ZAG000160003
Bond code: BID13 ISIN: ZAG000160011
(“Bidvestco”)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted Bidvestco the listing of its Senior Unsecured Floating Rate Notes, in terms of its
Domestic Medium Term Note and Commercial Paper Programme (“the Programme”) dated 13 June 2017, as
guaranteed by The Bidvest Group Limited, effective 14 June 2019.


Debt Security Code:                         BID12
Type of Debt Security:                      Floating Rate Notes
ISIN:                                       ZAG000160003
Nominal Issued:                             ZAR 614 000 000.00
Coupon Rate:                                3 Month JIBAR plus 120 basis points
Maturity Date:                              14 June 2022

Debt Security Code:                         BID13
Type of Debt Security:                      Floating Rate Notes
ISIN:                                       ZAG000160011
Nominal Issued:                             ZAR 664 000 000.00
Coupon Rate:                                3 Month JIBAR plus 135 basis points
Maturity Date:                              14 June 2024

Issue Date:                                 14 June 2019
Issue Price:                                100%
Interest Commencement Date:                 14 June 2019
Interest Determination Date(s):             The first Business Day of each Interest Period, with the first
                                            interest determination date being 11 June 2019
First Interest Payment Date:                14 September 2019
Interest Payment Date(s):                   14 September, 14 December, 14 March and 14 June of each year
                                            until maturity
Last Day to Register:                       By 17h00 on 3 September, 3 December, 3 March and 3 June of
                                            each year until maturity
Books Close:                                4 September, 4 December, 4 March and 4 June of each year until
                                            maturity
Final Maturity Amount:                      100% of the Principal Amount
Business Day Convention:                    Following Business Day
Other:                                      The pricing supplements do not contain additional terms and
                                            conditions or changes to the terms and conditions as contained in
                                            the Programme
Summary of Additional Terms:                Not Applicable
Programme Amount:                           ZAR 9 000 000 000.00
Total Notes in Issue Under Programme:       ZAR 3 561 000 000.00, exclusive of these issuances of Notes
Dealer:                                     Nedbank Corporate and Investment Banking, a division of
                                            Nedbank Limited


The Notes will be immobilised in the Central Securities Depository and settlement will take place electronically
in terms of JSE Rules.


13 June 2019

Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa

Date: 13/06/2019 03:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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