ADCORP HOLDINGS LIMITED - ADCB03-New Instrument Listing

ADCB03-New Instrument Listing

Adcorp Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1974/001804/06)
Company code: ADRI
ISIN: ZAG000118449
(“Adcorp”)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted Adcorp (the “Issuer”) the listing of
its ADCB03 Senior Unsecured Floating Rate Notes (the “Notes”), in
terms of its ZAR2,000,000,000 Domestic Medium Term Note Programme
dated 6 March 2013.

INSTRUMENT TYPE:             Floating Rate Notes
Total Notes in Issue:        R 785,000,000.00 excluding this
                             issuance of Notes

Instrument Code:             ADCB03
Nominal Issued:              R120,000,000.00
Issue Price:                 100%
Interest Rate for First       7.958% (3 month JIBAR as at 29 July
Interest Period:              2014 of 5.958% plus 2.00%)
Interest Rate:                3 month JIBAR on each Interest Reset Date
                              plus 2.250%
Coupon Rate Indicator:        Floating
Issue Date:                   31 July 2014
Interest Commencement Date:   31 July 2014
First Interest Payment Date: 31 October 2014
Maturity Date:                31 January 2016
Last day to register:         17h00 on 20 January, 19 April, 20 July and
                              20 October of each year until the Maturity
                              Date.
Books Close:                  21 January, 20 April, 21 July and 21
                              October of each year until the Maturity
                              Date.
Interest Payment Date(s):     31 January, 30 April, 31 July and 31
                              October of each year until the Maturity
                              Date.
ISIN:                         ZAG000118449
Business Day Convention:      Modified Following Business Day



Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited
The Notes will be immobilised in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms of
JSE Rules.

Any prospective purchaser of the note should contact Rand Merchant
Bank for details of the terms of the note. In this regard,
prospective purchasers should be aware that:

  1. the note issued is subject to the terms and conditions of the
      pricing supplement agreed between the Issuer and the
      subscriber(s) for the note and the Terms and Conditions of the
      Notes as set out in the Programme Memorandum dated 6 March 2013
      in respect of the Issuer’s Note Programme;

  2. the Notes are subject to a put option which grants to the
      holders of the Notes an option to request the Issuer to redeem
      the Notes at the Optional Redemption Date specified in the
      Applicable Pricing Supplement in the event that the financial
      assistance resolutions are not passed and the Subsidiary
      Guarantee has not been entered into by 15 August 2014.


30 July 2014

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 30/07/2014 04:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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