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ABSF01 ABSF02 - Listing of new financial instruments
African Bank Limited
(Incorporated in the Republic of South Africa)
(Registered Bank)
(Registration No. 2014/176899/06)
LEI: 2549008X8SL1B1J86F98
Company code: ABKI
Bond code: ABSF01 ISIN: ZAG000219056
Bond code: ABSF02 ISIN: ZAG000219064
("African Bank")
Listing of New Financial Instruments
The JSE Limited has granted African Bank the listings of its R 288,000,000.00 unsecured Senior Floating
Rate Social Notes due 25 September 2028 (ABSF01) and R 412,000,000.00 unsecured Senior Floating
Rate Social Notes due 25 September 2030 (ABSF02) under its R25,000,000,000 Domestic Medium Term Note Programme
as documented in the Restated Programme Memorandum dated 5 September 2025 (the "Programme"), effective 25 September 2025.
Debt Security Code: ABSF01
ISIN: ZAG000219056
Nominal Issued: R 288,000,000.00
Coupon Rate: 8.917 (3 month JIBAR of 7.017% plus 190 basis points)
Maturity Date: 25 September 2028
Interest Payment Date(s): 25 March, 25 June, 25 September and 25
December each year up to and including the Maturity Date
Last day to register: By 17h00 on 19 March, 19 June, 19 September and 19 December
of each year until the Maturity Date
Books close: The Register will be closed from 20 March to 24
March, from 20 June to 24 June, from 20
September to 24 September and from 20
December to 24 December (all dates inclusive) in
each year until the Maturity Date
Final Maturity Amount: 100% of the Nominal Amount
Debt Security Code: ABSF02
ISIN: ZAG000219064
Nominal Issued: R 412,000,000.00
Coupon Rate: 9.517 (3 month JIBAR of7.017% plus 250 basis points)
Maturity Date: 25 September 2030
Interest Payment Date(s): 25 March, 25 June, 25 September and 25
December each year up to and including the Maturity Date
Last day to register: By 17h00 on 19 March, 19 June, 19 September and 19 December
of each year until Maturity Date
Books close: The Register will be closed from 20 March to 24 March, from
20 June to 24 June, from 20 September to 24 September and
from 20 December to 24 December (all dates inclusive) in each
year until the Maturity Date
Final Maturity Amount: 100% of the Nominal Amount
Type of Debt Security: Floating Rate Social Notes
Issue Date: 25 September 2025
Issue Price: 100% per cent of the Nominal Amount
Interest Commencement Date: 25 September 2025
Interest Determination Date(s): The first Interest Rate Determination Date is 19 September 2025
and thereafter the first Business Day of each Interest Period
First Interest Payment Date: 25 December 2025
Business Day Convention: Modified Following Business Day
Total Notes in Issue Under Programme: As at the Issue Date (but excluding the issuance of the ABSF01 and
the ABSF02 Notes), the Issuer has issued Notes in the aggregate total
Nominal Amount R 4,808,000,000 under the Programme Memorandum
Other: The pricing supplements contains additional terms and conditions or
changes to the terms and conditions as contained in the Programme
Summary of Additional Terms: In addition to the terms and conditions contained in the Programme,
please refer to the Reference Rate (including relevant period by reference
to which the Rate of Interest is to be calculated) and Other Provisions
contained in the pricing supplements
23 September 2025
Debt sponsor
The Standard Bank of South Africa Limited
Date: 23-09-2025 08:00:00
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