PREMIUM PROPERTIES LIMITED - New Financial Instrument Listing Announcement: PMM45

New Financial Instrument Listing Announcement: PMM45

PREMIUM PROPERTIES LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1994/003601/06)

("Premium" or "the company")

Stock Code:   PMM45
ISIN Code:    ZAG000151606

New Financial Instrument Listing Announcement: PMM45

The JSE Limited has granted a listing to Premium, a wholly
owned subsidiary of Octodec Investments Limited, the guarantor
of the listed debt obligations of Premium on the Interest Rate
Market. The listing is effective from 28 May 2018 under
Premium’s Domestic Medium Term Note Programme dated 23
February 2015.

Authorised Programme size      R3,000,000,000.00
Total Notes Outstanding        R 921,000,000.00
after this issuance

INSTRUMENT TYPE:               FLOATING RATE NOTE

Bond Code                   PMM45
Nominal Issued              R 180,000,000.00
Issue Price                 100%
Coupon                      8.00% (3 Month JIBAR as at 21 May
                            2018 of 6.9% plus 110 bps)
Coupon Rate Indicator       Floating
Trade Type                  Price
Final Maturity Date         28 November 2018
Books Close Dates           18 August, 18 November
Interest Payment Date(s)    28 August, 28 November
Last Day to Register        By   17:00   on  17    August, 17
                            November
Issue Date                  28 May 2018
Date Convention             Modified Following
Interest Commencement Date  28 May 2018
First Interest Payment Date 28 August 2018
ISIN No.                    ZAG000151606
Additional Information      Senior Unsecured Floating Rate
                            Notes
Additional Terms and        None
conditions

Applicable Pricing Supplement :
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/
BondDocuments/PMM45%20Pricing%20Supplement_28%20May%202018.PDF


The notes will be held in uncertificated form in the Central
Securities Depository (“CSD”) and settlement will take place
electronically in terms of JSE Rules.

For further information on the Notes issued please contact:

Allister Lamont-Smith Nedbank CIB          (011) 294 4634
Anthony Stein         Premium Properties   (012) 319 8780

25th May 2018

Sponsor: Nedbank Corporate and Investment Bank, a division of
Nedbank Limited

Date: 25/05/2018 03:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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