DENEL SOC LIMITED - DENG84 - Tap Issue

DENG84 - Tap Issue

DENEL SOC LIMITED

Stock Code:      DENG84 (Tap)
ISIN Code:       ZAG000154238

DENG84 Tap Issue

The JSE has granted a listing to Denel SOC Limited DENG84 Tap Issue
under the Denel SOC Limited ZAR4,000,000,000 Domestic Medium Term
Note Programme on the Interest Rate Market with effect from 27
September 2018.

Authorised Programme size:      R 4,000,000,000.00
Total Notes Outstanding
(Including this issuance):      R 3,061,000,000.00

INSTRUMENT TYPE:                FLOATING RATE NOTE

Tap Amount                       R 30,000,000.00
Total Amount Following Tap Issue R 263,000,000.00

Bond Code                       DENG84
Nominal Issued                  R 30,000,000.00
Issue Price                     100.14124%
Coupon                          8.592% (3 Month JIBAR as at 21
                                September 2018 of 6.992% plus 160
                                bps)
Coupon Rate Indicator           Floating
Trade Type                      Price
Final Maturity Date             23 September 2019
Books Close Date(s)             13 March, 13 June, 13 September, 13
                                December
Interest Payment Date(s)        23 March, 23 June, 23 September, 23
                                December
Last Day to Register            By 17:00 on 12 March, 12 June, 12
                                September, 12 December
Issue Date                      27 September 2018
Date Convention                 Modified Following
Interest Commencement Date      21 September 2018
First Interest Date             23 December 2018
ISIN No.                        ZAG000154238
Additional Information          Senior   Unsecured   Floating  Rate
                                Notes

The note will be immobilised 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

27 September 2018

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

Date: 27/09/2018 10:58:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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