SANTAM LIMITED - SNT05 - Listing of New Financial Instrument

SNT05 - Listing of New Financial Instrument

SANTAM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1918/001680/06
Company code: BISAN
Bond Code: SNT05
ISIN: ZAG000172602
(“Santam”)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted Santam the listing of its SNT05 Unsecured Subordinated Callable Floating Rate
Notes, in terms of its Unsecured Subordinated Callable Note Programme dated 13 December 2018 (the
“Programme”), effective 30 November 2020.


Debt Security Code:                          SNT05
ISIN:                                        ZAG000172602
Type of Debt Security:                       Floating Rate Notes
Nominal Issued:                              ZAR 1 000 000 000.00
Issue Date:                                  30 November 2020
Issue Price:                                 100%
Coupon Rate:                                 3 Month JIBAR plus 198 basis points for the interest periods
                                             beginning on 30 November 2020 up to 30 November 2025
                                             3 Month JIBAR plus 298 basis points for the interest periods
                                             beginning on 1 December 2025 to the Maturity Date
Interest Commencement Date:                  30 November 2020
Interest Rate Determination Date(s):         The first Business Day of each Interest Period, with the first
                                             Interest Rate Determination Date being 25 November 2020
First Interest Payment Date:                 28 February 2021
Interest Payment Date(s):                    28 February, 30 May, 30 August and 30 November of each year
                                             until the Maturity Date
Last Day to Register:                        By 17h00 on 17 February, 19 May, 19 August and 19 November in
                                             each year until the Maturity Date
Books Close:                                 18 February, 20 May, 20 August and 20 November in each year
                                             until the Maturity Date
Business Day Convention:                     Following Business Day
Maturity Date:                               30 November 2030
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 4 000 000 000.00
Total Notes in Issue Under Programme:        ZAR 2 000 000 000.00, exclusive of this issuance of notes
Dealer:                                      FirstRand Bank Limited, acting through its Rand Merchant Bank
                                             Division
27 November 2020

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

Date: 27-11-2020 03:29:00
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