PREMIUM PROPERTIES LIMITED - New listing: PMM38

PREMIUM PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/003601/06)
("Premium" or "the company")
Stock Code:   PMM38
ISIN Code:    ZAG000144668


New Financial Instruments Listing Announcement: PMM38


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 14 June 2017 under

Premium's Domestic Medium Term Note Programme dated 23
February 2015.

Authorised Programme size      R3,000,000,000.00
Total Notes Outstanding        R946,500,000.00

INSTRUMENT TYPE:               FLOATING RATE NOTE

Bond Code                   PMM38
Nominal Issued              R 155,000,000.00
Issue Price                 100%

Coupon                      9.1750% (3 Month JIBAR as at 07

                            June 2017 of 7.3250% plus 185
                            bps)
Coupon Rate Indicator       Floating
Trade Type                  Price
Final Maturity Date         12 June 2020

Books Close                 02 March, 02 June, 02 September,
                            02 December

Interest Payment Date(s)    12 March, 12 June, 12 September,
                            12 December

Last Day to Register        By 17:00 on 01 March, 01 June, 01
                            September, 01 December
Issue Date                  14 June 2017
Date Convention             Modified Following
Interest Commencement Date  14 June 2017
First Interest Payment Date 12 September 2017
ISIN No.                    ZAG000144668

Additional Information      Senior Unsecured Floating Rate

Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bond

Documents/PMM38%20Pricing%20Supplement%2020170614.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

13th June 2017


Sponsor: Nedbank Corporate and Investment Bank, a division of
Nedbank Limited


Date: 13/06/2017 05:20:00 Supplied by www.sharenet.co.za                     
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