DENEL SOC LIMITED - New Financial Instrument - DENG90

New Financial Instrument - DENG90

           DENEL SOC LIMITED

           Stock Code:            DENG90
           ISIN Code:             ZAG000156712


           New Financial Instrument Listing Announcement

           The JSE Limited has granted a listing to DENEL SOC LIMITED on
           Interest Rate Market with effect from 31 January 2019.


           Authorised Programme size:            R 4,000,000,000.00
           Total Notes Outstanding
           (Including this issuance):            R 3,184,000,000.00



           INSTRUMENT TYPE:                      FLOATING RATE NOTE

           Bond Code                        DENG90
           Nominal Issued                   R 30,000,000.00
           Issue Price                      100%
           Coupon                           8.9% (3 Month JIBAR as at 28
                                           January 2019 of 7.150% plus 175
                                           bps)
           Coupon Rate Indicator           Floating
           Trade Type                      Price
           Final Maturity Date             31 January 2020
           Books Close Date(s)             21 January, 20 April, 21 July, 21
                                           October
           Interest Payment Date(s)        31 January, 30 April, 31 July, 31
                                           October
           Last Day to Register            By 17:00 on 20 January, 19 April,
                                           20 July, 20 October
           Issue Date                      31 January 2019
           Date Convention                 Modified Following
           Interest Commencement Date      31 January 2019
           First Interest Payment Date     30 April 2019
           ISIN No.                        ZAG000156712
           Additional Information          Senior   Unsecured   Floating   Rate
                                           Notes
           Additional Information          Senior Unsecured Floating Rate Notes
                                           The notes are guaranteed by the
                                            Government of the Republic of South
                                            Africa
           Additional Terms and Conditions N/A




Nedbank Group Limited Internal Use Only
           Applicable Pricing Supplement

           https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDo
           cuments/DENG90%20Pricing%20Supplement%2020190131.pdf

           The note will be immobilised in the Central Securities Depository
           (“CSD”) and settlement will take place electronically in terms of
           JSE Rules. For further information on the Note issue please
           contact:



           Allister Lamont-Smith          Nedbank CIB    +27 11 2944833
           Corporate Actions              JSE            +27 11 5207000

           31 January 2019

           Sponsor: Nedbank Corporate and Investment Banking, a division of
           Nedbank Limited.




Nedbank Group Limited Internal Use Only

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