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BILB-Delisting of Notes
The Land and Agricultural Development Bank of South Africa
(JSE Code: BILB)
(“Land Bank”)
9 September 2021
NOTICE RE DELISTING OF DEBT INSTRUMENTS ISSUED BY LAND BANK UNDER THE 2010 DMTN
PROGRAMME AND 2017 DMTN PROGRAMME
1. On 2 August 2021, the Land and Agricultural Development Bank of South Africa (the "Issuer" or “Land
Bank”) gave notice to (i) the holders of each class of notes in issue under Land Bank’s
ZAR10,000,000,000 domestic medium term note programme dated 18 October 2010 (the “2010 DMTN
Programme” and those notes, the “2010 DMTN Notes” and those noteholders, the “2010 Noteholders”);
and (ii) the holders of each class of notes in issue under Land Bank’s ZAR30,000,000,000 domestic
medium term note programme dated 13 March 2017 (the “2017 DMTN Programme” and those notes,
the “2017 DMTN Notes” and those noteholders, the “2017 Noteholders”) requesting approval the
consent, of (i) 2010 Noteholders; and (ii) 2017 Noteholders, on a Note-by-Note basis, for, inter alia. the
delisting from the Interest Rate Market of the JSE of, on a Note-by-Note basis, all the 2010 Notes and all
the 2017 Notes.
2. On 1 September 2021, Land Bank released a SENS announcement with the results of the extraordinary
written resolution, stating that the 2010 Noteholder and the 2017 Noteholders voted, inter alia, in favour
of the proposed delisting on a Note-by-Note basis of the 2010 Notes and all the 2017 Notes.
3. Land Bank hereby gives notice to the 2010 Noteholders and the 2017 Noteholders, that following the
approval by the relevant noteholders and the JSE, that:
3.1. it has delisted the following notes issued under the 2010 DMTN Programme:
Bond Code and ISIN of notes delisted
1. LBK15 Notes (ZAG000139890)
and
3.2. it has delisted the following notes issued under the 2017 DMTN Programme:
Bond Code and ISIN of notes delisted
1. LBK20 (ZAG00014462)
2
2. LBK24 (ZAG000147364)
3. LBK28 (ZAG000151275)
4. LBK29 (ZAG000151853)
5. LBK18 (ZAG000142795)
6. LBK23 (ZAG000146325)
7. LBK27 (ZAG000150335)
8. LBK30 (ZAG000154196)
9. LBK31 (ZAG000154204)
10. LBK32 (ZAG000155243)
11. LBK33 (ZAG000155953)
12. LBK35 (ZAG000158064)
13. LBK37 (ZAG000160540)
14. LBK38 (ZAG000166240)
15. LBK22 (ZAG000146317)
16. LBK26 (ZAG000150327)
17. LBK36 (ZAG000160532)
4. The notes referred to in paragraph 3 above are hereby unlisted, effective 9 September 2021.
5. Bonds codes and ISINs will remain unchanged.
6. There are therefore no notes remaining as listed under the 2010 DMTN Programme, nor under the 2017
DMTN Programme.
Enquiries
3
Land and Agricultural Development Bank of South Africa
Ayanda Kanana, Chief Executive Officer
Khensani Mukhari, Chief Financial Officer
Rebecca Phalatse, General Manager: Marketing and Communications – Tel: 074 159 6833
Dorothy Kobe, General Manager: Treasury- email address: DKobe@landbank.co.za
Debt Sponsor
The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking division
(registration number: 1962/000738/06)
Contacts: Ms Natalie Di-Sante
Email: Natalie.di-sante@standardbank.co.za
Tel: +27 (0) 11 721 6125
End
Date: 09-09-2021 11:46:00
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