PREMIUM PROPERTIES LIMITED - New Financial Instrument Listing - PMM26 - 4 May 2016

New Financial Instrument Listing - PMM26 - 4 May 2016

PREMIUM PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/003601/06)
("Premium" or "the company")

Stock Code:   PMM26
ISIN Code:    ZAG000135989

New Financial Instrument Listing Announcement


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 04 May 2016 under
Premium’s Domestic Medium Term Note Programme dated 23
February 2015.

Authorised Programme size      R3,000,000,000.00
Total Notes Outstanding        R 725,000,000.00

INSTRUMENT TYPE:             COMMERCIAL PAPER FLOATING RATE NOTE

Bond Code                        PMM26
Nominal Issued                   R 260,000,000.00
Issue Price                      100%
Coupon                           8.400% (3 Month JIBAR as at 28
                                 April 2016 of 7.300% plus 110
                                 bps)
Coupon Rate Indicator            Floating
Trade Type                       Price
Final Maturity Date              4 November 2016
Books Close                      25 July and 25 October
Interest Payment Date(s)         04 August, 04 November
Last Day to Register             By 17:00 on 24 July and 24
                                 October
Issue Date                       4 May 2016
Date Convention                  Modified Following
Interest Commencement Date       4 May 2016
First Interest Payment Date      4 August 2016
ISIN No.                         ZAG000135989
Additional Information           Senior Unsecured Floating Rate
                                 Notes
Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/
                         BondDocuments/Applicable%20Pricing%20
                         Supplement_PMM26%20-
                         %20Executed_(6987854_1).pdf


The note will be immobilised in the Central Securities
Depository   (“CSD”)    and   settlement will take place
electronically in terms of JSE Rules.


3rd May 2016

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

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