KAP INDUSTRIAL HOLDINGS LIMITED - NEW LISTING - KAP INDUSTRIAL HOLDINGS LIMITED

NEW LISTING - KAP INDUSTRIAL HOLDINGS LIMITED

KAP INDUSTRIAL HOLDINGS LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1978/000181/06)

("KAP" or "the company")

Stock Code:        KAP012
ISIN Code:         ZAG000148636

New Financial Instrument Listing Announcement


The JSE Limited      has granted a listing to (KAP Industrial Holdings
Limited – “KAP012”) under its DMTN programme dated 5 June 2014. The
notes are jointly and severally and unconditionally and irrevocably
guaranteed    by    KAP   Automotive      Proprietary     Limited;   KAP   Bedding
Proprietary Limited; KAP Diversified Industrial Proprietary Limited; PG
Bison Southern Cape Proprietary Limited; Unitrans Passenger Proprietary
Limited;   Mvelatrans     Proprietary    Limited;   and   Unitrans   Supply   Chain
Solutions Proprietary Limited.


INSTRUMENT TYPE:                    FLOATING RATE NOTE

Bond Code                               KAP012
Nominal Issued                          R 1 056 000 000.00
Issue Price                             100%
Coupon                                  9.125% (3 Month JIBAR as at 27
                                        November 2017 of 7.125% plus 200
                                        bps)
Coupon Indicator                        Floating
Trade Type                              Price
Final Maturity Date                     01 December 2022
Books Close                             19 February, 22 May, 22 August,
                                        21 November
Interest Payment Date(s)                01 March, 01 June, 01 September,
                                        01 December
Last Day to Register                    By 17:00 on 18 February, 21 May,
                                        21 August, 20 November
Issue Date                              30 November 2017
Date Convention                         Following
Interest Commencement Date      30 November 2017
First Interest Payment Date     01 March 2018
ISIN No.                        ZAG000148636
Additional Information          Senior Unsecured   Floating   Rate
                                Notes


The notes 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 Notes issued please contact:

Menique Smit           Nedbank CIB          (011) 294 3639
Frans Olivier          KAP                  (021) 808 0901

29th November 2017

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

Equity Sponsor:   PSG Capital

Date: 29/11/2017 11:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.