FIRSTRAND BANK LIMITED - FRS104 - Notification of the Full Capital Reduction and Accrued Interest Payment Of Listed Debt Securities

FRS104 - Notification of the Full Capital Reduction and Accrued Interest Payment Of Listed Debt Securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS104
ISIN: ZAG000111857
(FRB)


NOTIFICATION OF THE FULL CAPITAL REDUCTION AND ACCRUED INTEREST PAYMENT OF LISTED
DEBT SECURITIES

In accordance with the terms and conditions of FRB’s ZAR 30 000 000 000.00 note programme dated 29
November 2011, as amended from time to time, noteholders are herewith advised of the full capital reduction
and accrued interest payment of the FRS104 notes.

Bond code:                                                     FRS104
ISIN:                                                          ZAG000111857
Nominal amount before reduction:                               ZAR 50 000 000.00
Reduction of nominal amount:                                   ZAR 50 000 000.00
Nominal amount after reduction:                                ZAR 0.00
Settlement / redemption amount:                                ZAR 50 369 141.00
Pay date of the repurchase and accrued interest:               15 March 2022
Effective date of the reduction in nominal amount:             15 March 2022

Accrued interest amount:                                       ZAR 320 866.00, included in the settlement
                                                               amount
Annualised interest rate:                                      5.092%
Interest period:                                               24 January 2022 to 11 March 2022

The full capital reduction is due to the repurchase of the FRS104 notes by FRB.



14 March 2022

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

Date: 14-03-2022 12:05:00
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