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MMI GROUP LTD - Listing of new instrument: MMIG03

Release Date: 28/11/2014 14:47
Code(s): MMIG03     PDF:  
Wrap Text
Listing of new instrument: MMIG03

MMI Group Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1904/002186/06)
Company code: MMIG
ISIN MMIG03: ZAG000121674
(“MMI”)

LISTING OF NEW INSTRUMENT

The JSE Limited has granted MMI the listing of its MMIG03 Note, in
terms of its ZAR5,000,000,000 Unsecured Subordinated Callable Note
Programme dated 05 March 2014.

Total Notes in Issue:       R3,000,000,000.00 excluding this
                            issue of notes

Instrument Code:             MMIG03
Nominal Issued:              R750,000,000.00
Issue Price:                 100%
Interest Rate:               8.383% (3 month Jibar as at
                             26 November 2014 of 6.083% + 230bps)
Coupon Rate Indicator:       Floating Rate
Issue Date:                  1 December 2014
Interest Commencement Date:  1 December 2014
First Interest Payment Date: 1 March 2015
Call Date:                   1 June 2020
Maturity Date:               1 June 2025
Last day to Register:        By 17h00 on 18 February, 21 May,
                             21 August and 20 November in each year
                             until the Maturity Date
Books Close:                 19 February, 22 May, 22 August and
                             21 November in each year until the
                             Maturity Date
Interest Payment Dates:      1 March, 1 June, 1 September and
                             1 December in each year until the
                             Maturity Date
ISIN:                        ZAG000121674
Business Day Convention:     Following Business Day

The Notes will be immobilised in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

28 November 2014

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 28/11/2014 02:47:00 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.

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