Sectors Shares

BNP PARIBAS ARBITRAGE ISSUANCE B.V. - Notice of Extraordinary Fund Event

Release Date: 06/04/2017 16:03
 
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Notice of Extraordinary Fund Event

BNP Paribas Arbitrage Issuance B.V.


Dated: 6 April 2017
Stock Code: BNPUSA
ISIN Code: ZAE000188330

Stock Code: BNPASI
ISIN Code: ZAE000188348

Stock Code: BNPEUR
ISIN Code: ZAE000188678

Stock Code: BNPWOR
ISIN Code: ZAE000188355

Stock Code: ZA065
ISIN Code: ZAE000186722

Notice of Extraordinary Fund Event

Notice to Holders of ZAR 5,000,000,000 Fund Securities due 4
March 2019, Series CE1046BRD issued by BNP Paribas Arbitrage
Issuance B.V. (the “Issuer”) and guaranteed by BNP Paribas under
the Note, Warrant and Certificate Programme (the “Certificates”)

We refer to the Certificates and the Pricing Supplement of the
Certificates dated 18 February 2014 (the “Pricing Supplement”)
documented under the Issuer’s Note, Warrant and Certificate
Programme pursuant to a base prospectus dated 3 June 2013 as
supplemented from time to time (the “Base Prospectus”) read
together with the JSE Placement Document dated 21 November 2013.

Notice is hereby given of the following Extraordinary Fund Event
in respect of the Certificates.

BNP Paribas Arbitrage S.N.C., in its capacity as Calculation
Agent in connection with the Certificates wishes to advise
holders of the Certificates that with effect from 14 November
2014, the THEAM Quant Equity US GURU fund (ISIN: FR0010971648)
(the “Affected Fund”) has merged into the THEAM Quant Equity US
GURU Sicav I Shares – ACC fund (ISIN: LU1049889469) (the
“Replacement Fund”).

This constitutes an “Extraordinary Fund Event”, as described in
Condition 2.2 “Extraordinary Fund Events” of Annex 9 “Additional
Terms and Conditions for Fund Securities” (“Annex 9”) of the
Base Prospectus.

The Issuer has determined that the action to take in respect of
this Extraordinary Fund Event is “Substitution” as set out in
Condition 4 “Consequences of an Extraordinary Fund Event” of
Annex 9 of the Base Prospectus.



As a consequence of such Substitution and in accordance with
Condition 4 of Annex 9 of the Base Prospectus, the Calculation
Agent has determined that the Affected Fund will be replaced by
the Replacement Fund. No further adjustments of the Terms and
Conditions of the Certificates shall be made.

Copies of the documentation referred to above is available upon
request from the Calculation Agent.

Capitalised terms not otherwise defined herein shall have the
meanings given to them in the Pricing Supplement and the Base
Prospectus.

This notice shall be governed and construed in accordance with
the laws of England and nothing in this notice shall be
construed as a waiver of any rights we may have with respect to
the Certificates.


For further information on the Securities issued please contact:

Michael Schneider        BNP                Tel:(+33)140 1496 15


Johannesburg
6 April 2017
Debt Sponsor
The Standard Bank of South Africa Limited

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