FIRSTRAND BANK LIMITED - FRII - Notification of Capital Reductions and Accrued Interest Payments of Listed Debt Securities

FRII - Notification of Capital Reductions and Accrued Interest Payments of Listed Debt Securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRC195       ISIN: ZAG000145806
Bond code: FRC207       ISIN: ZAG000147414
Bond code: FRC208       ISIN: ZAG000147596
Bond code: FRC210       ISIN: ZAG000147596
(FRB)


NOTIFICATION OF CAPITAL REDUCTIONS AND ACCRUED INTEREST PAYMENTS OF LISTED DEBT
SECURITIES


NOTIFICATION OF FULL CAPITAL REDUCTIONS AND ACCRUED INTEREST PAYMENTS
In accordance with the terms and conditions of FRB’s ZAR 30 000 000 000 note programme dated 29
November 2011, as amended and updated from time to time, bondholders are herewith advised of the full
capital reductions of the FRC195 and FRC210 notes.

Bond code:                                                       FRC195
ISIN:                                                            ZAG000114745
Nominal amount before reduction:                                 ZAR 29 000 000.00
Reduction of nominal amount:                                     ZAR 29 000 000.00
Nominal amount after reduction:                                  ZAR 0.00
Settlement / redemption amount:                                  ZAR 30 487 699.89
Accrued interest amount:                                         ZAR 606 458.33, included in the settlement
                                                                 amount
Coupon rate:                                                     9.913%

Bond code:                                                       FRC210
ISIN:                                                            ZAG000120296
Nominal amount before reduction:                                 ZAR 11 700 000.00
Reduction of nominal amount:                                     ZAR 11 700 000.00
Nominal amount after reduction:                                  ZAR 0.00
Settlement / redemption amount:                                  ZAR 11 966 760.00
Accrued interest amount:                                         ZAR 240 231.77, included in the settlement
                                                                 amount
Coupon rate:                                                     9.733%

Interest period:                                                 20 June 2019 to 4 September 2019
Pay date pursuant to the repurchases:                            5 September 2019
Effective date of the full capital reductions:                   5 September 2019

The full capital reductions are due to repurchases effected on the listed debt securities by FRB.


NOTIFICATION OF PARTIAL CAPITAL REDUCTIONS AND ACCRUED INTEREST PAYMENTS
In accordance with the terms and conditions of FRB’s ZAR 30 000 000 000 note programme dated 29
November 2011, as amended and updated from time to time, bondholders are herewith advised of the partial
capital reductions of the FRC207 and FRC208 notes.

Bond code:                                                       FRC207
ISIN:                                                            ZAG000117649
Nominal amount before reduction:                                 ZAR 16 000 000.00
Reduction of nominal amount:                                     ZAR 10 700 000.00
Nominal amount after reduction:                                  ZAR 5 300 000.00
Settlement / redemption amount:                                  ZAR 11 071 289.96
Accrued interest amount:                                         ZAR 226 470.92, included in the settlement
                                                                 amount
Coupon rate:                                                     10.033%

Bond code:                                                       FRC208
ISIN:                                                            ZAG000117656
Nominal amount before reduction:                                 ZAR 21 100 000.00
Reduction of nominal amount:                                     ZAR 14 000 000.00
Nominal amount after reduction:                                  ZAR 7 100 000.00
Settlement / redemption amount:                                  ZAR 14 324 799.04
Accrued interest amount:                                         ZAR 272 985.04, included in the settlement
                                                                 amount
Coupon rate:                                                     9.243%

Interest period:                                                 20 June 2019 to 4 September 2019
Pay date pursuant to the repurchases:                            5 September 2019
Effective date of the partial capital reductions:                5 September 2019

The partial capital reductions are due to repurchases effected on the listed debt securities by FRB.


3 September 2019

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

Date: 03/09/2019 03:30:00
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