DENEL SOC LIMITED - New Financial Instrument - DENG94

New Financial Instrument - DENG94

DENEL SOC LIMITED

Stock Code:      DENG94
ISIN Code:       ZAG000162660

New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to DENEL SOC LIMITED on
Interest Rate Market with effect from 27 September 2019.


Authorised Programme size:        R 4,000,000,000.00
Total Notes Outstanding
(Including this issuance):        R 3,415,000,000.00



Bond Code                         DENG94
Nominal Issued                    R 908,000,000.00
Issue Price                       100%
Coupon                            8.542% (3 Month JIBAR as at 23
                                  September 2019 of 6.792% plus 175
                                  bps)
Coupon Rate Indicator             Floating
Trade Type                        Price
Final Maturity Date               27 September 2020
Books Close Date(s)               17 March, 17 June, 17 September, 17
                                  December
Interest Payment Date(s)          27 March, 27 June, 27 September, 27
                                  December
Last Day to Register              By 17:00 on 16 March, 16 June, 16
                                  September, 16 December
Issue Date                        27 September 2019
Date Convention                   Modified Following
Interest Commencement Date        27 September 2019
First Interest Payment Date       27 December 2019
ISIN No.                          ZAG000162660
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



27 September 2019

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

Date: 27/09/2019 02:55:00
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