FIRSTRAND BANK LIMITED - FRS312 - Notification of a full capital reduction of listed debt securities and accrued interest payment

FRS312 - Notification of a full capital reduction of listed debt securities and accrued interest payment

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS312
ISIN: ZAG000190331
(FRB)


NOTIFICATION OF A FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES AND ACCRUED
INTEREST PAYMENT

In accordance with the terms and conditions of FRB’s R 60 000 000 000.00 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 FRS312 notes (the notes) and accrued interest payment.

Bond code:                                                     FRS312
ISIN:                                                          ZAG000190331
Nominal amount before reduction:                               R 100 000 000.00
Reduction in nominal amount:                                   R 100 000 000.00
Nominal amount after reduction:                                R 0.00
Settlement/redemption amount:                                  R 100 901 879.00
Pay date/early redemption date:                                11 September 2023
Record date:                                                   8 September 2023


Accrued interest amount:                                       R 1 719 452.05, included in the settlement
                                                               amount
Annualised interest rate:                                      8.368%
Interest period:                                               28 June 2023 to 10 September 2023


This reduction is due to the early redemption of the notes by FRB, in accordance with the terms and conditions
of the FRS312 notes.



30 August 2023

Debt sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 30-08-2023 10:35:00
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