PREMIUM PROPERTIES LIMITED - New financial instrument listing - PMM23

New financial instrument listing - PMM23

PREMIUM PROPERTIES LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1994/003601/06)

("Premium" or "the company")

Stock Code:   PMM23
ISIN Code:    ZAG000134156

New Financial Instrument Listing Announcement


The JSE Limited has granted a listing to Premium, a wholly
owned subsidiary of Octodec Investments Limited, the guarantor
of the listed debt obligations of Premium on the Interest Rate
Market. The listing is effective from 2 March 2016 under
Premium’s Domestic Medium Term Note Programme dated 23
February 2015.

Authorised Programme size      R3, 000,000,000.00
Total Notes Outstanding        R 650,000,000.00

INSTRUMENT TYPE:             COMMERCIAL PAPER FLOATING RATE NOTE

Bond Code                        PMM23
Nominal Issued                   R 55,000,000.00
Issue Price                      100%
Coupon                           8.000% (3 Month JIBAR as at 29
                                 Feb 2016 of 7.000% plus 100 bps)
Coupon Rate Indicator            Floating
Trade Type                       Price
Final Maturity Date              2 September 2016
Books Close                      23 May, 23 August
Interest Payment Date(s)         2 June, 2 September
Last Day to Register             By 17:00 on 22 May, 22 August
Issue Date                       2 March 2016
Date Convention                  Modified Following
Interest Commencement Date       2 March 2016
First Interest Payment Date      2 June 2016
ISIN No.                         ZAG000134156
Additional Information           Senior Unsecured Floating Rate
                                 Notes

Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bond
Documents/PMM23%20Pricing%20Supplement%2020160302.pdf
The note will be immobilised in the Central Securities
Depository   (“CSD”)    and   settlement will take place
electronically in terms of JSE Rules.


02nd March 2016

Sponsor: Nedbank Corporate and Investment Banking, a division
of Nedbank Limited

Date: 02/03/2016 09:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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