To view the PDF file, sign up for a MySharenet subscription.

FIRSTRAND BANK LIMITED - FRII- Publication of Supplements to the DMTN and Note Programme Memorandums and Update to Issuer Disclosure Document

Release Date: 07/12/2018 15:30
Wrap Text
FRII- Publication of Supplements to the DMTN and Note Programme Memorandums and Update to Issuer Disclosure Document

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
(FRB)

PUBLICATION OF SUPPLEMENTS TO THE DOMESTIC MEDIUM TERM NOTE AND NOTE
PROGRAMME MEMORANDUMS AND UPDATE TO ISSUER DISCLOSURE DOCUMENT

PUBLICATION OF SUPPLEMENTS TO THE DOMESTIC MEDIUM TERM NOTE AND NOTE
PROGRAMME MEMORANDUMS

FRB has received approval from the JSE Limited (JSE) in respect of:
-    the supplement to the FRB ZAR20 000 000 000 Domestic Medium Term Note programme
     memorandum dated 31 July 2007 (2007 PM);
-    the supplement to the FRB ZAR80 000 000 000 Domestic Medium Term Note programme
     memorandum dated 14 October 2015 (2015 PM); and
-    the supplement to the FRB ZAR30 000 000 000 Note programme memorandum dated 24 August
     2010 (2010 NPM),
collectively the “supplements”.

A summary of the changes effected in the supplements is provided below:
-   The terms and conditions have been updated for the following:
        • for amendments to the JSE Debt Listings Requirements (the requirements), which includes
             but is not limited to, amendments to cater for the Part 1A of 2018 amendments to the
             requirements and for paragraphs 7.26 and 7.27 of the requirements; and
        • for changes to the trading environment and Strate Limited’s rules.
-   The settlement, clearing and transfer of notes section and the South African taxation section have
    been updated to reflect the legislation applicable as at the date of the supplements.
-   The information included in the following sections have been removed from the programme
    memorandums and are now incorporated by reference:
        • the risk factors section;
        • the banking sector in South Africa section;
        • the description of FirstRand Bank Limited section, including, but not limited to, its business,
             management, directors and corporate governance disclosure; and
        • the South African exchange control section.
    The above-mentioned sections are contained in an issuer disclosure document that is published at
    https://www.firstrand.co.za/InvestorCentre/Pages/debt-programmes.aspx.

The supplements are available for inspection at the registered office of FRB and have also been made
available for inspection at https://www.firstrand.co.za/InvestorCentre/Pages/debt-programmes.aspx.

The supplements will also be available for inspection on the JSE’s website at www.jse.co.za.


UPDATE OF ISSUER DISCLOSURE DOCUMENT

Noteholders are advised that the issuer disclosure document, which is incorporated by reference into
FRB’s Domestic Medium Term Note Programme, Structured Note and Preference Share Programme
and Note Programme, has been updated and now includes a contents page. The updated issuer
disclosure document is available at https://www.firstrand.co.za/InvestorCentre/Pages/debt-
programmes.aspx.


7 December 2018
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 07/12/2018 03:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story