MMI GROUP LIMITED - MMIG01 - Notification of a Full Capital Reduction of Listed Debt Securities

MMIG01 - Notification of a Full Capital Reduction of Listed Debt Securities

MMI Group Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1904/002186/06)
Company code: MMIG
Bond code: MMIG01
ISIN: ZAG000114042
(“MMI” or the “Issuer”)


NOTIFICATION OF A FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the terms and conditions of MMI’s ZAR 5 000 000 000 Unsecured Subordinated Callable
Note Programme dated 5 March 2014, bondholders are herewith advised of the full capital reduction of the
MMIG01 notes.

Bond code:                                                        MMIG01
ISIN:                                                             ZAG000114042
Amount before redemption:                                         ZAR 750 000 000.00
Redemption amount:                                                ZAR 750 000 000.00
Amount after redemption:                                          ZAR 0.00
Record date:                                                      6 March 2019
Pay date:                                                         18 March 2019
Early redemption date                                             18 March 2019

The accrued interest amount payable on the redeemed notes will be released on the Stock Exchange News
Service on 11 March 2019.

The full capital reduction is due to the early redemption of the listed debt securities by the Issuer.


28 February 2019

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

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