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Full Capital Redemption – NGLT1B
NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1966/010630/06
JSE Alpha Code: NEDI
(‘Nedbank Group’ or the ‘Issuer’)
Full Capital Redemption – NGLT1B
In accordance with the provisions of the terms and conditions of Nedbank Group’s unsecured subordinated
notes in terms of its Domestic Medium-Term Note Programme and sections D3 and D4 (‘Issuer Early
Redemption Election’) of the NGLT1B Pricing Supplement dated 17 October 2018, investors are herewith
advised of the early full capital redemption of NGLT1B effective 20 October 2023.
In accordance with the terms and conditions, the South African Registrar of Banks (Relevant Authority) has
granted written approval for the Issuer Early Redemption Election of the NGLT1B notes exercised by Nedbank
Group.
JSE Code ISIN Capital redemption Amount Record date
amount outstanding after
capital redemption
NGLT1B ZAG000154667 R750,000,000.00 R0.00 Thursday, 19
October 2023
7 September 2023
Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 07-09-2023 08:00:00
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