AFRICAN BANK LIMITED - ABJ06 ABJ07 - Listing of tap issues

ABJ06 ABJ07 - Listing of tap issues

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registered Bank)
(Registration No. 2014/176899/06)
Company code: ABKI
Bond codes: ABJ06 and ABJ07
ISIN: ZAG000207143 and ZAG000207135
("African Bank")

LISTING OF TAP ISSUES

The JSE Limited has granted African Bank the additional listings of its R 278 000 000 Senior
Unsecured Floating Rate Notes due 22 July 2027 (ABJ06) and R 122 000 000 Senior Unsecured
Floating Rate Notes due 22 July 2029 (ABJ07) under its R 25 000 000 000 Domestic Medium
Term Note Programme as documented in the Restated Programme Memorandum dated 28
March 2022 (the "Programme"), effective 30 September 2024.

Debt Security Code:                         ABJ06
ISIN:                                       ZAG000207143
Type of Debt Security:                      Floating Rate Notes
Nominal Before Issue:                       R 240 000 000
Nominal Issued:                             R 278 000 000
Nominal After Issue:                        R 518 000 000
Issue Price:                                102.43553%
Coupon Rate:                                10.685% (3 month JIBAR of 8.325% plus 236 basis
                                            points). The tap issuance was executed at 3
                                            month JIBAR of 8.325% plus 220 basis points.
Maturity Date:                              22 July 2027

Debt Security Code:                         ABJ07
ISIN:                                       ZAG000207135
Type of Debt Security:                      Floating Rate Notes
Nominal Before Issue:                       R 142 000 000
Nominal Issued:                              R 122 000 000
Nominal After Issue:                        R 264 000 000
Issue Price:                                102.66048%
Coupon Rate:                                11.165% (3 month JIBAR of 8.325% plus 284 basis
                                            points). The tap issuance was executed at
                                            3 month JIBAR of 8.325% plus 270 basis points.
Maturity Date:                              22 July 2029

Issue Date:                                 30 September 2024
Interest Commencement Date:                 30 September 2024
First Interest Payment Date:                22 October 2024
Interest Determination Date(s):             The first Interest Rate Determination Date is 17
                                            July 2024 and thereafter the first Business Day
                                            of each Interest Period
Interest Payment Date(s):                   22 January, 22 April, 22 July and 22 October of
                                            each year until the Maturity Date
Last Day to Register:                       By 17h00 on 11 January, 11 April, 11 July and 11
                                            October of each year until the Maturity Date
Books Close:                                The Register will be closed from 12 January to
                                            21 January, from 12 April to 21 April, from 12
                                            July to 21 July and from 12 October to 21
                                            October (all dates inclusive) in each year until
                                            the Maturity Date
Business Day Convention:                    Modified Following Business Day
Final Maturity Amount:                      100% of the Nominal Amount
Other:                                      The pricing supplement does not contain
                                            additional terms and conditions or changes to
                                            the terms and conditions as contained in the
                                            Programme
Summary of Additional Terms:                Not Applicable
Programme Amount:                           R 25,000,000,000
Total Notes in Issue Under Programme:       As at the Issue Date (but excluding any further
                                            tap issuances or buy-backs of the Notes as at the
                                            Issue Date), the Issuer has issued Notes in the
                                            aggregate total Nominal Amount of R 2 117 000
                                            000 under the Programme
Dealer:                                     FirstRand Bank Limited, acting through its Rand
                                            Merchant Bank division

27 September 2024

Debt sponsor
The Standard Bank of South Africa Limited

Date: 27-09-2024 10:21:00
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