GRINDROD BANK LIMITED - Listing of new financial instrument - GBL06

Listing of new financial instrument - GBL06

GRINDROD BANK LIMITED
(Registration no 1994/007994/06)
Incorporated in the Republic of South Africa
JSE alpha code: GNDI

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted approval for a new financial instrument listing to Grindrod Bank Limited under its
ZAR 1,000,000,000 Domestic Medium Term Note Programme dated 8 August 2019 as follows:

New Instrument                                       GBL06

Authorised Programme Size                            R1,000,000,000.00
Total Amount in Issue After This Issuance            R650,000,000.00
Instrument type                                      Floating Rate Note
Bond Code                                            GBL06
Nominal Issued                                       R400,000,000.00
Issue Price                                          100%
Coupon                                               6.183% (3 Month JIBAR as at 15 June 2021 of 3.683% plus
                                                     250 bps)
Trade Type                                           Price
Final Maturity Date                                  21 June 2024
Books Close Date(s)                                  11 March, 11 June, 11 September, 11 December
Interest Payment Date(s)                             21 March, 21 June, 21 September, 21 December
Last Day to Register                                 By 17:00 on 10 March, 10 June, 10 September, 10
                                                     December
Issue Date                                           21 June 2021
Date Convention                                      Modified Following
Interest Commencement Date                           21 June 2021
First Interest Payment Date                          21 September 2021
ISIN                                                 ZAG000172420
Additional Information                               Senior, Unsecured

The Applicable Pricing Supplement is available at:
https://clientportal.jse.co.za/Content/JSEPricingSupplementsItems/GBL06%20PricingSupplement18062021.pdf

The note relating to the new financial instrument (“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 10 2348705
Corporate Actions                  JSE                        +27 11 5207000

18 June 2021
Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 18-06-2021 10:18:00
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