DENEL SOC LIMITED - New Financial Instrument Listing Announcement - DNG102

New Financial Instrument Listing Announcement - DNG102

DENEL SOC LIMITED

Stock Code:      DNG102
ISIN Code:       ZAG000171182

New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to DENEL SOC LIMITED on
Interest Rate Market with effect from 28 September 2020.


Authorised Programme size:       R 4,000,000,000.00
Total Notes Outstanding
(Including this issuance):       R 3,233,000,000.00

Bond Code                         DNG102
Nominal Issued                    R885,000,000.00
Issue Price                       100%
Coupon                            5.608% (3 Month JIBAR as at 23 Sep
                                  2020 of 3.358% plus 225bps)
Coupon Rate Indicator             Floating
Trade Type                        Price
Final Maturity Date               28 September 2021
Books Close Date                  18 March, 18 June, 18 September, 18
                                  December
Interest Payment Date(s)          28 March, 28 June, 28 September, 28
                                  December
Last Day to Register              By 17:00 on 17 March, 17 June, 17
                                  September, 17 December
Issue Date                        28 September 2020
Date Convention                   Modified Following
Interest Commencement Date        28 September 2020
First Interest Payment Date       28 December 2020
ISIN No.                          ZAG000171182
Additional Information            Senior Unsecured, Unsubordinated
Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2020/DNG10
2%20%20PricingSupplement2809.pdf


The note will be dematerialised in the Central Securities
Depository (“CSD”) and settlement will take place electronically in
terms of JSE Rules. For further information on the Note issue
please contact:


Allister Lamont-Smith      Nedbank CIB           +27 11 2944833
Corporate Actions          JSE                   +27 11 5207000

25th September 2020
Sponsor: Nedbank Corporate and Investment Banking, a division of
Nedbank Limited.

Date: 25-09-2020 09:00:00
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