Issue of Notes Under the ZAR10 000 000 000 Domestic Medium Term Note Programme
AFRISTRAT INVESTMENT HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ATI - ISIN: ZAE000287587
Debt Issuer Code: ATID
Hybrid Issuer Code: ATIG
(“Afristrat” or “the Company”)
Notes Series number JSE Code ISIN
Fixed Rate Notes 7 ATIFX7 ZAE000305454
ISSUE OF NOTES UNDER THE ZAR10 000 000 000 DOMESTIC MEDIUM TERM NOTE PROGRAMME
Afristrat is pleased to announce that the JSE Limited (“JSE”) has, with effect from 14 December 2021, granted the
Company the listing of its Zero-Coupon Notes issued in terms of under the Issuer's ZAR10 000 000 000 Domestic
Medium Term Note Programme dated 21 August 2018 ("Programme Memorandum) as detailed below:
Fixed Rate Notes
Series 7, Tranche 2
Type of issue Tap issue
Number of Notes 12 500
Nominal amount of this Tranche ZAR1 250 000.00
Issue Price ZAR100.00
Issue Date 14 December 2021
Interest Commencement Date 14 December 2021
Interest Rate 9% per annum, payable monthly in arrears on the third Monday of
each month
Interest Commencement Date 14 December 2021
Interest Payment Date(s) On the third Monday of each month until Redemption Date, with the
First Interest Payment Date being 17 January 2022.
Interest Periods Each period commencing on (and including) an Interest Payment Date
and ending on (but excluding) the following Interest Payment Date;
provided that the first Interest Period will commence on (and include)
the Interest Commencement Date and end on (but exclude)
17 January 2022 (each Interest Payment Date as adjusted in
accordance with the applicable Business Day Convention).
Day Count Fraction Actual / 365
Redemption Finalisation Date 3 December 2024
Last day to trade for Redemption 10 December 2024
Redemption Record Date 13 December 2024
Redemption Payment Date 17 December 2024
Redemption Date 18 December 2024
Redemption Amount ZAR1 250 000.00
Other terms applicable on Redemption On the Redemption Date, Holders of the Notes will have the option,
as the case may be, to invest in new notes being issued at the
Redemption Date in lieu of receipt of the final Redemption Amount.
Other provisions The Company shall be entitled to an administration fee in respect of
the Fixed Rate Notes of 0.25% per annum on the Issue Price, inclusive
of VAT, payable monthly in arrears on the monthly Interest Payment
Dates.
The administration fee is subject to the Value-Added Tax Act of 1991.
The Company has the right to recover the monthly administration fee,
from the monthly Interest (plus the applicable VAT thereon).
Following the listing of the Fixed Rate Notes detailed in this announcement, the total amount issued under the
Programme Memorandum is ZAR160 270 800.00
Interest Record and Payment Dates in respect of the Notes
Declaration and finalisation announcements will be released on SENS in accordance with Schedule 4 Form A5 of the JSE
Listings Requirements.
For more information about this announcement or the Afristrat group, email investor.relations@afristrat.ltd or visit
https://afristrat.ltd/investor-relations/.
10 December 2021
Pretoria
Debt Sponsor
Merchantec Capital
Date: 10-12-2021 02:30:00
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