PREMIUM PROPERTIES LIMITED - New Financial Instrument Listing Announcement: PMM55

New Financial Instrument Listing Announcement: PMM55

PREMIUM PROPERTIES LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1994/003601/06)

("Premium" or "the company")

Stock Code:   PMM55
ISIN Code:    ZAG000166513
New Financial Instrument Listing Announcement: PMM55

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 28 February 2020 under
Premium’s Domestic Medium Term Note Programme dated 23
February 2015.


Authorised Programme size    R3,000,000,000.00
Total listed Notes           R 531,000,000.00 (including the PMM55
outstanding                  issuances noted below)

INSTRUMENT TYPE:             FLOATING RATE NOTE

Bond Code                   PMM55
Nominal Issued              R 130,000,000.00
Issue Price                 100%
Coupon                      8.192% (3 Month JIBAR as at 21 Feb
                            2020 of 6.542% plus 165bps)
Coupon Rate Indicator       Floating
Trade Type                  Price
Final Maturity Date         28 August 2021
Books Close Date(s)         18 February, 18 May, 18 August, 18
                            November
Interest Payment Date(s)    28 February, 28 May, 28 August, 28
                            November
Last Day to Register        By 17:00 on 17 February, 17 May,
                            17 August, 17 November
Issue Date                  28 February 2020
Date Convention             Modified Following
Interest Commencement Date 28 February 2020
First Interest Payment Date 28 May 2020
ISIN No.                    ZAG000166513
Additional Information      Senior, Unsecured

Applicable Pricing Supplement:
https://www.jse.co.za/content/JSEPricingSupplementsItems/2019/
PMM55%20Pricing%20Supplement%2028022020.pdf

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

For further information on the Notes issued please contact:

Allister Lamont-Smith Nedbank CIB          (011) 294 4634
Anthony Stein         Premium Properties   (012) 319 8780

27 February 2020

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

Date: 27-02-2020 04:30:00
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