SANTAM LIMITED - SNT04 - Listing of New Financial Instrument

SNT04 - Listing of New Financial Instrument

SANTAM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1918/001680/06
Company code: BISAN
Bond code: SNT04
ISIN: ZAG000144726
(“Santam”)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted Santam the listing of its Unsecured Subordinated Callable Floating Rate Notes,
in terms of its Unsecured Subordinated Callable Note Programme dated 8 March 2016, effective 27 June
2017.


INSTRUMENT TYPE:                    Floating Rate Notes
Programme Amount:                   ZAR 4,000,000,000.00
Total Notes in Issue:               ZAR 2,000,000,000.00, excluding this Issuance of Notes

Instrument Code:                    SNT04
Nominal Issued:                     ZAR 1,000,000,000.00
Issue Price:                        100%
Initial Interest Rate:              9.425% (3 Month JIBAR as at 22 June 2017 of 7.325% plus 210 bps)
Coupon Rate:                        3 Month JIBAR plus 210 bps applies to the period 27 June 2017 to 27
                                    June 2022
Step Up Rate:                       3 Month JIBAR plus 315 bps applies to the period 28 June 2022 to 27
                                    June 2027
Coupon Rate Indicator:              Floating
Issue Date:                         27 June 2017
Interest Commencement Date:         27 June 2017
First Interest Payment Date:        27 September 2017
Maturity Date:                      27 June 2027
Callable Date:                      27 June 2022
Final Maturity Amount:              100% of the Nominal Amount
Last Day to Register:               By 17h00 on 16 September, 16 December, 16 March and 16 June of each
                                    year until Maturity
Books Close:                        17 September, 17 December, 17 March and 17 June of each year until
                                    Maturity
Interest Payment Date(s):           27 September, 27 December, 27 March and 27 June of each year until
                                    Maturity
ISIN:                               ZAG000144726
Business Day Convention:            Following Business Day

The Notes will be immobilised in the Central Securities Depository and settlement will take place
electronically in terms of JSE Rules.


26 June 2017

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

Date: 26/06/2017 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.