MW ASSET RENTALS (RF) LIMITED - Listing of new financial instrument

Listing of new financial instrument

MW ASSET RENTALS (RF) LIMITED
Reg No 2002/030074/06
Incorporated in the Republic of South Africa
JSE alpha code: MWSI

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted approval for a new financial instrument listing to MW Asset Rentals (RF) Limited under
its Lease Receivables Backed Note Programme, sponsored by Nedbank Limited, as follows:

Authorised programme size                         R 2,500,000,000.00
Total notes issued (including this issuance)      R 1,700,000,000.00
Instrument type                                   Floating rate note
Bond code                                         MWAR08
Nominal issued                                    R 150,000,000.00
Issue price                                       100%
Coupon                                            6.725% (3 Month JIBAR as at 18 May 2022 of 4.525% plus 220bps)
Coupon rate indicator                             Floating
Trade type                                        Price
Final maturity date                               22 May 2032
Books close date(s)                               12 February to 22 February, 12 May to 22 May, 12 August to 22
                                                  August, 12 November to 22 November
Interest payment date(s)                          22 February, 22 May, 22 August, 22 November
Last day to register                              By 17:00 on 11 February, 11 May, 11 August, 11 November
Issue date                                        23 May 2022
Date convention                                   Modified Following
Interest commencement date                        23 May 2022
First interest payment date                       22 August 2022
Call / step up date                               22 May 2025
ISIN                                              ZAG000185638
Additional information                            Secured Class A notes

The Applicable Pricing Supplement is available at:
https://clientportal.jse.co.za/Content/JSEPricingSupplementsItems/MWAR08%20PricingSupplement2305.pdf.

The note relating to the new financial instrument (“Note”) will be dematerialised 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 10 234 8705
Corporate Actions                   JSE                       +27 11 520 7000

19 May 2022

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 19-05-2022 10:00:00
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