FIRSTRAND BANK LIMITED - FRS322 - Notification of a partial capital reduction of listed debt securities and correction announcement

FRS322 - Notification of a partial capital reduction of listed debt securities and correction announcement

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS322
ISIN: ZAG000195967
(FRB)


NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES AND CORRECTION
ANNOUNCEMENT: INTEREST PAYMENT NOTIFICATION

NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the terms and conditions of FRB's R 60 000 000 000.00 note programme dated 29
November 2011, as amended from time to time, noteholders are herewith advised of the partial capital
reduction and accrued interest payment of the FRS322 notes.

Bond code:                                                         FRS322
ISIN:                                                              ZAG000195967
Nominal amount before reduction:                                   R 60 000 000.00
Reduction of nominal amount:                                       R 15 000 000.00
Nominal amount after reduction:                                    R 45 000 000.00
Redemption / interest amount:                                      R 15 000 000.00
Record date:                                                       15 May 2024
Pay date of the repurchase and accrued interest:                   16 May 2024
Effective date of the reduction in nominal amount:                 16 May 2024

This partial reduction is due to the amortization of the listed debt securities by the Issuer, in accordance with the
terms and conditions of the notes.

CORRECTION ANNOUNCEMENT: INTEREST PAYMENT NOTIFICATION

Noteholders are referred to the announcement released on SENS on 10 May 2024, in relation to the interest
payment notification on the FRS322 notes. The Issuer wishes to notify the FRC322 noteholders that the interest
amount due contained in the previous announcement was incorrect. The interest amount due is R3 750 000.00.



14 May 2024

Debt sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

Date: 14-05-2024 09:20:00
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