AFRICAN BANK LIMITED - ABKI - Interest Payment Notifications

ABKI - Interest Payment Notifications

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2014/176899/06)
Company code: ABKI
Bond code: ABK6       ISIN: ZAG000134479
Bond code: ABK7       ISIN: ZAG000134487
Bond code: ABK8       ISIN: ZAG000134495
Bond code: ABKI04 ISIN: ZAG000134578
(“African Bank”)


INTEREST PAYMENT NOTIFICATIONS

Bondholders are advised of the following interest payments due 4 March 2019:

Bond code:                  ABK7
ISIN:                       ZAG000134487
Coupon:                     9.150%
Interest amount due:        ZAR 12 939 152.88

Bond code:                  ABK8
ISIN:                       ZAG000134495
Coupon:                     9.790%
Interest amount due:        ZAR 3 729 534.03

Interest period:            3 December 2018 to 3 March 2019
Payment date:               4 March 2019
Date Convention:            Modified Following Business Day

Bondholders are advised of the following interest payment due 5 March 2019:

Bond code:                  ABK6
ISIN:                       ZAG000134479
Coupon:                     9.650%
Interest period:            5 December 2018 to 4 March 2019
Interest amount due:        ZAR 5 291 901.37
Payment date:               5 March 2019
Date Convention:            Modified Following Business Day


Bondholders are advised of the following interest payment due 13 March 2019:

Bond code:                  ABKI04
ISIN:                       ZAG000134578
Nominal amount:             ZAR521 600 000
Interest rate:              5.750%
Rate for the period:        2.875%
Base CPI (rebased):         82.38352
Reference CPI:              109.52258
Applicable formula:         (Nominal Amount x CPI Adjustment x Interest Coupon Rate) /2,
                            where:
                             - CPI Adjustment = Reference CPI / Base CPI; and
                             - Ref CPIDate = Ref CPIJ + [t – 1 / D] X (Ref CPIJ+1 – Ref CPIJ),
                            all of the above terms as defined in the applicable pricing
                            supplement
Interest period:            13 September 2018 to 12 March 2019
Interest amount due:        ZAR 18 346 043.04
Payment date:               13 March 2019
Date Convention:            Modified Following Business Day
URL:                        https://www.africanbank.co.za/en/home/corporate-info-
                            debt-investor-info, by selecting 2016 under “Funding
                            overview” to access the relevant pricing supplement

27 February 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: 27/02/2019 10:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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