FIRSTRAND BANK LIMITED - FRC429 FRC430 - Notification of Full Capital Reductions and Accrued Interest Payments of Listed Debt Securities

FRC429 FRC430 - Notification of Full Capital Reductions and Accrued Interest Payments of Listed Debt Securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC429       ISIN: ZAG000189192
Bond code: FRC430       ISIN: ZAG000189200
(FRB)


NOTIFICATION OF FULL CAPITAL REDUCTIONS AND ACCRUED INTEREST PAYMENTS OF LISTED
DEBT SECURITIES

In accordance with the terms and conditions of FRB’s ZAR 60 000 000 000.00 note programme dated 29
November 2011, as amended or supplemented from time to time, noteholders are herewith advised of the full
capital reductions and accrued interest payments of the FRC429 and FRC430 notes (the notes).

Bond code:                                                    FRC429
ISIN:                                                         ZAG000189192
Nominal amount before reduction:                              ZAR 50 000 000.00
Reduction in nominal amount:                                  ZAR 50 000 000.00
Nominal amount after reduction:                               ZAR 0.00
Settlement / redemption amount:                               ZAR 50 452 472.60
Accrued interest amount:                                      ZAR 452 472.60, included in the settlement
                                                              amount
Annualised interest rate:                                     10.655%

Bond code:                                                    FRC430
ISIN:                                                         ZAG000189200
Nominal amount before reduction:                              ZAR 50 000 000.00
Reduction in nominal amount:                                  ZAR 50 000 000.00
Nominal amount after reduction:                               ZAR 0.00
Settlement/redemption amount:                                 ZAR 50 472 219.18
Accrued interest amount:                                      ZAR 472 219.18, included in the settlement
                                                              amount
Annualised interest rate:                                     11.120%


Interest period:                                              28 April 2023 to 28 May 2023
Pay date/early redemption date:                               29 May 2023



These reductions are due to the repurchase of the notes by FRB, in accordance with the terms and conditions of
the notes.



25 May 2023

Debt sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 25-05-2023 07:53:00
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