MMI GROUP LIMITED - MMIG06 - Listing of Tap Issue

MMIG06  - Listing of Tap Issue

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 TAP ISSUE

The JSE Limited has granted MMI the additional listing of its Unsecured Subordinated Floating Rate Notes, in
terms of its Unsecured Subordinated Callable Note Programme (“the Programme”) dated 5 March 2014, [as
guaranteed by MMI Group Limited, effective 4 December 2017.


Debt Security Code:                         MMIG06
ISIN:                                       ZAG000147547
Type of Debt Security:                      Floating Rate Notes
Nominal Before Issue:                       ZAR 500 000 000
Nominal Issued:                             ZAR 250 000 000
Nominal After Issue:                        ZAR 750 000 000
Issue Date:                                 4 December 2017
Issue Price:                                101.36139%
Coupon Rate:                                9.225% (3 Month JIBAR as at 16 Oct 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
Interest Commencement Date:                 19 October 2017
Interest Determination Dates(s):            19 January, 19 April, 19 July and 19 October, with the first interest
                                            determination date being 19 January 2018
First Interest Payment Date:                19 January 2018
Interest Payment Date(s):                   19 January, 19 April, 19 July and 19 October of each year until maturity
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
Business Day Convention:                    Following Business Day
Maturity Date:                              19 October 2028
Final Maturity Amount:                      100% of Nominal Amount
Other:                                      The pricing supplement does not contain additional terms and
                                            conditions or changes to the terms and conditions as contained in the
                                            Programme
Summary of Additional Terms:                Not Applicable

Programme Amount:                           ZAR 5 000 000 000
Total Notes in Issue Under Programme:       ZAR 4 000 000 000, exclusive of this issuance of notes
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.


30 November 2017

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

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