DENEL SOC LIMITED - New Financial Instrument DENG93

New Financial Instrument DENG93

DENEL SOC LIMITED

Stock Code:     DENG93
ISIN Code:      ZAG000162652

New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to DENEL SOC LIMITED on
Interest Rate Market with effect from 23 September 2019.


Authorised Programme size:       R 4,000,000,000.00
Total Notes Outstanding
(Including this issuance):       R 3,265,000,000.00



INSTRUMENT TYPE:                 FLOATING RATE NOTE
Bond Code                        DENG93
Nominal Issued                   R 264,000,000.00
Issue Price                      100%
Coupon                           8.558% (3 Month JIBAR as at 18
                                 September 2019 of 6.808% plus 175
                                 bps)
Coupon Rate Indicator            Floating
Trade Type                       Price
Final Maturity Date              23 September 2020
Books Close Date(s)              13 March, 13 June, 13 September, 13
                                 December
Interest Payment Date(s)         23 March, 23 June, 23 September, 23
                                 December
Last Day to Register             By 17:00 on 12 March, 12 June, 12
                                 September, 12 December
Issue Date                       23 September 2019
Date Convention                  Modified Following
Interest Commencement Date       23 September 2019
First Interest Payment Date      23 December 2019
ISIN No.                         ZAG000162652
Additional Information           RSA Guarantee




The note will be dematerialised in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms of JSE
Rules. For further information on the Note issue please contact:



Allister Lamont-Smith   Nedbank CIB             +27 11 2944833
Corporate Actions       JSE                     +27 11 5207000
25 September 2019

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

Date: 25/09/2019 02:45:00
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