CALGRO M3 DEVELOPMENTS LIMITED - Tap Issue CGR25 and CGR26

Tap Issue CGR25 and CGR26

Calgro M3 Developments (Proprietary) Limited
JSE Code:     CGR25
ISIN No:      ZAG000137696
JSE Code:     CGR26
ISIN No:      ZAG000137704



Tap Issue

INSTRUMENT TYPE:              FLOATING RATE NOTE


Tap Amount                    R 23,000,000.00
Total Amount Following Tap    R 96,000,000.00


Bond Code                     CGR25
Nominal Issued                R 23,000,000.00
Issue Price                   100.21719%
Coupon                        11.325% (3 Month JIBAR as at 22 Jun 2016
                              of 7.325% plus 400 bps)
Coupon Rate Indicator         Floating
Trade Type                    Price
Final Maturity Date           27 June 2019
Books Close Date              17 March,     17   June,   17   September,   17
                              December
Interest Date(s)              27 March,     27   June,   27   September,   27
                              December
Last Day to Register          By 17:00 on 16 March,           16   June,   16
                              September, 16 December
Issue Date                    4 July 2016
Date Convention               Following
Interest Commencement Date    27 June 2016
First Interest Date           27 September 2016
ISIN No.                      ZAG000137696
Additional Information        Senior Unsecured Floating Rate Notes
INSTRUMENT TYPE:              FLOATING RATE NOTE


Tap Amount                    R 1,000,000.00
Total Amount Following Tap    R 8,000,000.00


Bond Code                     CGR26
Nominal Issued                R 1,000,000.00
Issue Price                   100.17308%
Coupon                        9.025% (3 Month JIBAR as at 22 Jun 2016
                              of 7.325% plus 170 bps)
Coupon Rate Indicator         Floating
Trade Type                    Price
Final Maturity Date           27 June 2017
Books Close Date              17 March,     17   June,   17   September,    17
                              December
Interest Date(s)              27 March,     27   June,   27   September,    27
                              December
Last Day to Register          By 17:00 on 16 March,           16   June,    16
                              September, 16 December
Issue Date                    4 July 2016
Date Convention               Following
Interest Commencement Date    27 June 2016
First Interest Date           27 September 2016
ISIN No.                      ZAG000137704
Additional Information        Senior Unsecured Floating Rate Notes


The note will be immobilised in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms of JSE
Rules. Further information on the Note issue please contact:


Wayne Frank              Nedbank CIB                +27 11 535 4027



Date 4th July 2016

Debt Sponsor:
Nedbank Corporate and Investment Bank, a division of Nedbank Limited.




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