FIRSTRAND BANK LIMITED - FRC411 FRC417 FRC420-Notification of Full Capital Repurchases and Accrued Interest Payment of Listed Debt Securities

FRC411 FRC417 FRC420-Notification of Full Capital Repurchases and Accrued Interest Payment of Listed Debt Securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC411        ISIN: ZAG000187030
Bond code: FRC417        ISIN: ZAG000187550
Bond code: FRC420        ISIN: ZAG000187758
(FRB)


NOTIFICATION OF FULL CAPITAL REPURCHASES AND ACCRUED INTEREST PAYMENT OF LISTED
DEBT SECURITIES

In accordance with the terms and conditions of FRB’s ZAR 60 000 000 000 Note Programme dated 29
November 2011, as amended from time to time, noteholders are herewith advised of the full capital
repurchases of the FRC411, FRC417 and FRC420 notes (collectively the notes) and the accrued interest
pain thereon.

Bond code:                                                FRC411
ISIN:                                                     ZAG000187030
Nominal amount before redemption:                         ZAR 50 000 000.00
Redemption in nominal amount:                             ZAR 50 000 000.00
Nominal amount after redemption:                          ZAR 0.00
Settlement / redemption amount:                           ZAR 50 657 481.78
Accrued interest amount:                                  ZAR 657 481.78, included in the settlement
                                                          amount
Annualised interest rate:                                 11.1619%

Bond code:                                                FRC417
ISIN:                                                     ZAG000187550
Nominal amount before redemption:                         ZAR 50 000 000.00
Redemption in nominal amount:                             ZAR 50 000 000.00
Nominal amount after redemption:                          ZAR 0.00
Settlement / redemption amount:                           ZAR 50 657 428.77
Accrued interest amount:                                  ZAR 657 428.77included in the settlement
                                                          amount
Annualised interest rate:                                 11.1610%

Bond code:                                                FRC420
ISIN:                                                     ZAG000187758
Nominal amount before redemption:                         ZAR 85 000 000.00
Redemption in nominal amount:                             ZAR 85 000 000.00
Nominal amount after redemption:                          ZAR 0.00
Settlement / redemption amount:                           ZAR 86 048 133.840.00
Accrued interest amount:                                  ZAR 1 048 133.84, included in the settlement
                                                          amount
Annualised interest rate:                                 10.4670%

Interest period:                                          31 January 2023 to 14 March 2023
Pay date / effective date:                                15 March 2023


These reductions are due to the repurchase of the notes by FRB, in accordance with the terms and
conditions of the notes.



14 March 2023
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 14-03-2023 01:50:00
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