DENEL SOC LIMITED - New Financial Instrument - DENG77

New Financial Instrument - DENG77

DENEL SOC LIMITED

Stock Code:      DENG77
ISIN Code:       ZAG000150343

New Financial Instrument Listing Announcement

The JSE has granted a listing to Denel SOC Limited DENG77 under the
Denel SOC Limited ZAR4,000,000,000 Domestic Medium Term Note
Programme on the Interest Rate Market with effect from 16 March
2018.

Authorised Programme size:         R 4,000,000,000.00
Total Notes Outstanding:           R 3,000,000,000.00

INSTRUMENT TYPE:                   FLOATING RATE NOTE

Bond Code                          DENG77
Nominal Issued                     R 20,000,000.00
Issue Price                        100%
Coupon                             8.325% (3 Month JIBAR as at 13
                                   March 2018 of 7.1250% plus 120 bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                27 September 2018
Books Close Date(s)                17 June, 17 September
Interest Payment Date(s)           27 June, 27 September
Last Day to Register               By 17:00 on 16 June 2018 and 16
                                   September 2018
Issue Date                         16 March 2018
Date Convention                    Modified Following
Interest Commencement Date         16 March 2018
First Interest Payment Date        27 June 2018
ISIN No.                           ZAG000150343
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

16 March 2018

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

Date: 16/03/2018 01:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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