FIRSTRAND BANK LIMITED - FRS298 - Notification of a full capital reduction of listed debt securities

FRS298 - Notification of a full capital reduction of listed debt securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS298       ISIN: ZAG000185679
(FRB)


NOTIFICATION OF A FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES


In accordance with the terms and conditions of FRB's R60 000 000 000.00 note programme dated 29
November 2011, as amended or supplemented from time to time, noteholders are herewith advised of the full
capital reduction of the FRS298 notes (the notes).

Bond code:                                                     FRS298
ISIN:                                                          ZAG000185679
Nominal amount before reduction:                               R32 050 000.00
Reduction in nominal amount:                                   R32 050 000.00
Nominal amount after reduction:                                R0.00
Settlement / redemption amount:                                R 37 883 100.00, calculated in accordance
                                                               with line item 35 of the pricing supplement
Pay date/early redemption date:                                13 May 2024
Record date (for STRATE purposes):                             13 May 2024
Effective date of reduction:                                   14 May 2024


This reduction is due to the repurchase of the notes by FRB, in accordance with the terms and conditions of the
notes.



10 May 2024

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

Date: 10-05-2024 01:46:00
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