AFRICAN BANK LIMITED - ABJ02 - Listing of Tap Issue

ABJ02 - Listing of Tap Issue

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registered Bank)
(Registration No. 2014/176899/06)
Company code: ABKI
Bond code: ABJ02
ISIN: ZAG000175241
(“African Bank” or the “Bank”)

LISTING OF TAP ISSUE

The JSE Limited has granted African Bank the additional listing of its ZAR220,000,000 Senior
Unsecured Floating Rate Notes due 31 March 2024 (ABJ02) under its ZAR25,000,000,000
Domestic Medium Term Note Programme as documented in the Restated Programme
Memorandum dated 13 March 2019 (the “Programme”), effective 30 April 2021.

Debt Security Code:                         ABJ02
ISIN:                                       ZAG000175241
Type of Debt Security:                      Floating Rate Notes
Nominal Before Issue:                       ZAR282,000,000
Nominal Issued:                             ZAR220,000,000
Nominal After Issue:                        ZAR502,000,000
Issue Date:                                 30 April 2021
Issue Price:                                100.643259%
Coupon Rate:                                3 month JIBAR plus 294 basis points
Interest Commencement Date:                 31 March 2021
Interest Determination Date(s):             30 June, 30 September, 31 December and
                                            31 March in each year up to and including the
                                            Maturity Date; with the first Interest Rate
                                            Determination Date being 26 March 2021
First Interest Payment Date:                30 June 2021
Interest Payment Date(s):                   30 June, 30 September, 31 December and 31
                                            March of each year until the Maturity Date
Last Day to Register:                       By 17h00 on 19 June, 19 September, 20
                                            December and 20 March of each year until the
                                            Maturity Date
Books Close:                                20 June to 29 June, 20 September to 29
                                            September, 21 December to 30 December and
                                            21 March to 30 March of each year until the
                                            Maturity Date
Business Day Convention:                    Modified Following Business Day
Maturity Date:                              31 March 2024
Final Maturity Amount:                      100% of the Nominal Amount
Other:                                      The pricing supplement does not contain
                                            additional terms and conditions or changes to
                                            the terms and conditions as contained in the
                                            Programme
Summary of Additional Terms:                Not Applicable
Programme Amount:                           ZAR25,000,000,000
Total Notes in Issue Under Programme:       As at the Issue Date (but excluding the Notes
                                            issued    under     this  Applicable     Pricing
                                            Supplement), the Issuer has issued Notes in the
                                            aggregate     total    Nominal    Amount      of
                                            ZAR5,150,759,737 under the Programme
                                            Memorandum dated 22 March 2016 and under
                                            the Programme Memorandum dated 13 March
                                            2019.
Dealer:                                     FirstRand Bank Limited, acting through its Rand
                                            Merchant Bank division


28 April 2021

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

Date: 28-04-2021 04:34:00
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