PREMIUM PROPERTIES LIMITED - New Financial Instrument Listing Announcement: PMM54

New Financial Instrument Listing Announcement: PMM54

PREMIUM PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/003601/06)
("Premium" or "the company")

Stock Code:   PMM54
ISIN Code:    ZAG000164096

New Financial Instrument Listing Announcement: PMM54

The JSE Limited has granted a listing to Premium, a wholly
owned subsidiary of Octodec Investments Limited, the guarantor
of the listed debt obligations of Premium on the Interest Rate
Market. The listing is effective from 7 November 2019 under
Premium’s Domestic Medium Term Note Programme dated 23
February 2015.

Authorised Programme size   R3,000,000,000.00
Total Notes Outstanding     R1,030,000,000.00 (including the PMM54
                            issuances noted below)

INSTRUMENT TYPE:            FLOATING RATE NOTE

Bond Code                   PMM54
Nominal Issued              R 120,000,000.00
Issue Price                 100%
Coupon                      8.392% (3 Month JIBAR as at 04 Nov
                            2019 of 6.792% plus 160bps)
Coupon Rate Indicator       Floating
Trade Type                  Price
Final Maturity Date         7 May 2021
Books Close Date(s)         28 January, 27 April, 28 July, 28
                            October
Interest Payment Date(s)    7 February, 7 May, 7 August, 7
                            November
Last Day to Register        By 17:00 on 27 January, 26 April,
                            27 July, 27 October
Issue Date                  7 November 2019
Date Convention             Modified Following
Interest Commencement Date  7 November 2019
First Interest Payment Date 7 February 2020
ISIN No.                    ZAG000164096
Additional Information      Senior, Unsecured

Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/
BondDocuments/PMM54%20Applicable%20Pricing%20Supplement%20.pdf

The notes will be immobilised in the Central Securities
Depository   (“CSD”)    and   settlement will take place
electronically in terms of JSE Rules.

For further information on the Notes issued please contact:

Allister Lamont-Smith Nedbank CIB          (011) 294 4634
Anthony Stein         Premium Properties   (012) 319 8780

6th November 2019

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

Date: 06/11/2019 05:15:00
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