DENEL SOC LIMITED - New Financial Instrument DNG100

New Financial Instrument DNG100

DENEL SOC LIMITED

Stock Code:          DNG100
ISIN Code:           ZAG000170747

New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to DENEL SOC LIMITED on
Interest Rate Market with effect from 11 September 2020.


Authorised Programme size:                     R 4,000,000,000.00
Total Notes Outstanding
(Including this issuance):                     R 3,415,000,000.00

Bond Code                                     DNG100
Nominal Issued                                R 1,463,000,000.00
Issue Price                                   100%
Coupon                                        5.692% (3 Month JIBAR as at 08 Sep
                                              2020 of 3.442% plus 225bps)
Coupon Rate Indicator                         Floating
Trade Type                                    Price
Final Maturity Date                           11 September 2021
Books Close Date                              1 March, 1 June, 1 September, 1
                                              December
Interest Payment Date(s)                      11 March, 11 June, 11 September, 11
                                              December
Last Day to Register                          By 17:00 on 28 February, 31 May, 31
                                              August, 30 November
Issue Date                                    11 September 2020
Date Convention                               Modified Following
Interest Commencement Date                    11 September 2020
First Interest Payment Date                   11 December 2020
ISIN No.                                      ZAG000170747
Additional Information                        RSA Guarantee
Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2020/DNG100%20PricingSupplement1109.pdf


The 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 11 2944833
Corporate Actions                    JSE                               +27 11 5207000

11th September 2020

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

Date: 11-09-2020 01:10:00
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