INGUZA INVESTMENTS (RF) LIMITED - ING383 ING384 - Notification of Full Capital Reductions of Listed Debt Securities

ING383 ING384 - Notification of Full Capital Reductions of Listed Debt Securities

iNguza Investments (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2008/003346/06)
Company code: BIIIPL
Bond code: ING383       ISIN: ZAG000154048
Bond code: ING384       ISIN: ZAG000154055
(“iNguza” or the “Issuer”)


NOTIFICATION OF FULL CAPITAL REDUCTIONS OF LISTED DEBT SECURITIES

In accordance with the terms and conditions of iNguza’s ZAR 25 000 000 000 Asset-Backed
Note Programme (the “Programme”) dated 12 February 2019, as amended or supplemented from
time to time, and the additional terms and conditions contained in Annexure C of the ING383 and
ING384 applicable pricing supplements dated 3 March 2021, noteholders are herewith advised of
the full capital reductions of the ING383 and ING384 notes (collectively, the “Notes”).

Bond code:                                                      ING383
ISIN:                                                           ZAG000154048
Amount before reduction:                                        ZAR 194 974 579.48
Reduction amount:                                               ZAR 191 315 132.94
Amount after reduction:                                         ZAR 3 659 446.54
Settlement / redemption amount:                                 ZAR 59 307 691.52

Bond code:                                                      ING384
ISIN:                                                           ZAG000154055
Amount before reduction:                                        ZAR 360 877 035.00
Reduction amount:                                               ZAR 354 105 581.00
Amount after reduction:                                         ZAR 6 771 454.00
Settlement / redemption amount:                                 ZAR 104 003 766.00

Record date:                                                    18 March 2021
Pay date / early redemption date:                               19 March 2021

These reductions are due to the early redemptions of the listed debt securities by the Issuer,
in accordance with the Terms and Conditions of the Notes.

The remainder of the full early reductions will be processed as a repurchase in the secondary
market. The total nominal of the repurchase of the notes is as follows:

Bond code:                                                      ING383
ISIN:                                                           ZAG000154048
Amount before reduction:                                        ZAR 3 659 446.54
Reduction amount:                                               ZAR 3 659 446.54
Amount after reduction:                                         ZAR 0.00

Bond code:                                                      ING384
ISIN:                                                           ZAG000154055
Amount before reduction:                                        ZAR 6 771 454.00
Reduction amount:                                               ZAR 6 771 454.00
Amount after reduction:                                         ZAR 0.00

Further details of the repurchases will be announced on SENS once the trades have been
booked and in accordance with the timelines of the JSE Limited Debt Listings Requirements.



11 March 2021

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

Date: 11-03-2021 12:45:00
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