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New Financial Instrument Listing Announcement: PMM50 and PMM51
PREMIUM PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/003601/06)
("Premium" or "the company")
Stock Code: PMM50
ISIN Code: ZAG000157413
Stock Code: PMM51
ISIN Code: ZAG000157405
New Financial Instrument Listing Announcement: PMM50 and PMM51
The JSE Limited has granted a listing to Premium, a wholly
owned subsidiary of Octodec Investments Limited, the guarantor
of the listed debt obligations of Premium on the Interest Rate
Market. The listing is effective from 28 February 2019 under
Premium’s Domestic Medium Term Note Programme dated 23
February 2015.
Authorised Programme size R3,000,000,000.00
Total Notes Outstanding R1,049,000,000.00 (including the
issuances noted below)
INSTRUMENT TYPE: FLOATING RATE NOTE
Bond Code PMM50
Nominal Issued R 75,000,000.00
Issue Price 100%
Coupon 8.500% (3 Month JIBAR as at 21
February 2019 of 7.150% plus 135
bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 28 February 2020
Books Close 18 February, 18 May, 18 August,
18 November
Interest Payment Date(s) 28 February, 28 May, 28 August,
28 November
Last Day to Register By 17:00 on 17 February, 17 May,
17 August, 17 November
Issue Date 28 February 2019
Date Convention Modified Following
Interest Commencement Date 28 February 2019
First Interest Payment Date 28 May 2019
ISIN No. ZAG000157413
Additional Information Senior Unsecured Floating Rate
Additional terms and N/A
conditions
Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bond
Documents/PMM%2050%20Pricing%20supplement%2028022019.pdf
INSTRUMENT TYPE: FLOATING RATE NOTE
Bond Code PMM51
Nominal Issued R 45,000,000.00
Issue Price 100%
Coupon 9.000% (3 Month JIBAR as at 21
February 2019 of 7.150% plus 185
bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 28 February 2022
Books Close 18 February, 18 May, 18 August,
18 November
Interest Payment Date(s) 28 February, 28 May, 28 August,
28 November
Last Day to Register By 17:00 on 17 February, 17 May,
17 August, 17 November
Issue Date 28 February 2019
Date Convention Modified Following
Interest Commencement Date 28 February 2019
First Interest Payment Date 28 May 2019
ISIN No. ZAG000157405
Additional Information Senior Unsecured Floating Rate
Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/
BondDocuments/PMM51%20Pricing%20supplement%2028022019.pdf
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:
Allister Lamont-Smith Nedbank CIB (011) 294 4634
Anthony Stein Premium Properties (012) 319 8780
28 February 2019
Sponsor: Nedbank Corporate and Investment Bank, a division of
Nedbank Limited
Date: 28/02/2019 09:58:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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