MMI GROUP LIMITED - Listing of New Financial Instrument

Listing of New Financial Instrument

MMI Group Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1904/002186/06)
Company code: MMIG
Bond code: MMIG06
ISIN: ZAG000147547
(“MMI”)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted MMI the listing of its Unsecured Subordinated Floating Rate Notes, in terms of
its Unsecured Subordinated Callable Note Programme dated 05 March 2014, effective 19 October 2017.


INSTRUMENT TYPE:                            Floating Rate Notes
Programme Amount:                           ZAR 5,000,000,000.00
Total Notes in Issue:                       ZAR 3,500,000,000.00, excluding this Issuance of Notes

Instrument Code:                            MMIG06
Nominal Issued:                             ZAR 500,000,000.00
Issue Price:                                100%
Interest Rate:                              9.225% (3 Month JIBAR as at 16 October 2017 of 7.025% plus 220 bps)
Margin:                                     220 bps to be added to 3 Month JIBAR from 19 October 2017 to but
                                            excluding 19 October 2023
                                            330 bps to be added to 3 Month JIBAR from 19 October 2023 to
                                            Maturity Date
Coupon Rate Indicator:                      Floating
Issue Date:                                 19 October 2017
Interest Commencement Date:                 19 October 2017
First Interest Payment Date:                19 January 2018
Optional Redemption Date:                   19 October 2023
Legal Maturity Date:                        19 October 2028
Final Maturity Amount:                      100% of Nominal Amount
Last Day to Register:                       By 17h00 on 8 January, 8 April, 8 July and 8 October of each year until
                                            Maturity
Books Close:                                9 January, 9 April, 9 July and 9 October of each year until Maturity
Interest Payment Date(s):                   19 January, 19 April, 19 July and 19 October of each year until Maturity
ISIN:                                       ZAG000147547
Business Day Convention:                    Following Business Day
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited

The Notes will be immobilised in the Central Securities Depository and settlement will take place
electronically in terms of JSE Rules.

18 October 2017

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 18/10/2017 01:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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