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AVENG LIMITED - AEGCB - ZAR2 billion 7.25% senior unsecured convertible registered bonds semi-annual coupon payment

Release Date: 26/06/2015 10:27
Code(s): AEGCB     PDF:  
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AEGCB - ZAR2 billion 7.25% senior unsecured convertible registered bonds semi-annual coupon payment

AVENG LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1944/018119/06)
Stock Code: AEGCB
ISIN: ZAE000194940
Share Code: AEG
("Aveng" or "the Group")

ZAR2,000,000,000 7.25% SENIOR UNSECURED CONVERTIBLE REGISTERED BONDS:
SEMI-ANNUAL COUPON PAYMENT

Bondholders of the Aveng Limited Senior Unsecured Convertible Registered Bonds
(“Convertible Bond”) are hereby advised that, in accordance with the terms and conditions
of the Convertible Bond, interest is payable semi-annually in arrears on 24 January and 24
July of each year (each such day an interest payment date), at a rate per annum equal to
7.25%.

Accordingly, the interest payable on the Convertible Bond is due for payment on
24 July 2015. The Convertible Bond will commence trading ex-interest, with respect to the
interest coupon period starting 24 January 2015 (inclusive) and ending on 24 July 2015
(exclusive) (“Coupon Period”), from the close of trade on Friday, 10 July 2015. The interest
amount to be paid on Friday, 24 July 2015 will be R362.50 for each ZAR10,000.00 of the
principal amount for the Coupon Period.

The salient dates relating to this interest payment are as follows:

Last date to trade in order to be eligible for the interest payment    Friday, 10 July 2015
Ex date                                                                Monday, 13 July 2015
Record date                                                            Friday, 17 July 2015
Payment date                                                           Friday, 24 July 2015

The next interest coupon period will commence on 24 July 2015 (inclusive) and will end on
24 January 2016 (exclusive).

26 June 2015

Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)

Date: 26/06/2015 10:27:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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