BURSTONE GROUP LIMITED - New Financial Instrument Listing BTNC2

New Financial Instrument Listing – BTNC2

Burstone Group Limited
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
(Registration Number 2008/011366/06)
("Burstone" or "the Fund")

New Financial Instrument Listing – BTNC2

The JSE Limited has granted a listing to Burstone on Interest Rate Market with effect from 29 November 2023.

Debt security code                  BTNC2
Nominal Issued                      R465,000,000
Issue Price                         100%
Coupon                              3-month JIBAR plus Margin
Margin                              60 bps
Coupon Rate Indicator               Floating
Issue Date                          29 November 2023
Interest Commencement Date          29 November 2023
Interest Rate Determination Date    Issue Date
First Interest Payment Date         29 February 2024
Final Maturity Date/ Redemption     29 February 2024
Date
Interest Payment Date(s)            29 February 2024 being the Redemption Date, or if such day is not a
                                    Business Day, the Business Day on which interest will be paid, as
                                    determined in accordance with the applicable Business Day Convention
Interest Period                     Each period commencing on (and including) an Interest Payment Date
                                    and ending on (but excluding) the following Interest Payment Date,
                                    provided that the first Interest Period will commence on (and include) the
                                    Interest Commencement Date and end on (but exclude) 29 February
                                    2024 (each Interest Payment Date as adjusted in accordance with the
                                    Applicable Business Day Convention)
Last Day to Register                20 February 2024 or if such day is not a Business Day, the Business Day
                                    immediately preceding the Books Closed Period
Books Closed Period                 The Register will be closed from 21 February 2024 to 29 February 2024,
                                    being the Redemption Date (all dates inclusive)
ISIN No.                            ZAG000201310
Additional Information              Senior Unsecured
Total Notes in issue        under   R5,827,700,000 Notes in issue after this issuance
Programme


The Pricing Supplement contains financial covenants applicable in respect of the BTNC2 Notes. Investors
should study the Applicable Pricing Supplement for full details of the terms and conditions applicable to these
Notes.


28 November 2023


Johannesburg
Debt Sponsor
Investec Bank Limited

Date: 28-11-2023 08:00:00
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