NEDBANK GROUP LIMITED - New Listing of Nedbank Group Limited Callable Floating Rate Note

New Listing of Nedbank Group Limited Callable Floating Rate Note

NEDBANK GROUP LIMITED
Registration number: 1966/010630/06
(Incorporated in the Republic of South Africa)
JSE Alpha Code: NEDI


New Listing of Nedbank Group Limited Callable Floating Rate Note

The JSE Limited has granted a listing to NEDBANK GROUP LIMITED on the Interest Rate Market
with effect from 22 April 2022 under its Domestic Medium Term Note Programme.

NGT111
Authorised programme size:                                R 40,000,000,000.00
Total notes outstanding:                                  R24,826,000,000.00 (including this issuance)
Instrument type:                                          Floating rate note
Bond code:                                                NGT111
Nominal issued:                                           R1,000,000,000
Issue price:                                              100%
Coupon:                                                   8.173% (3 Month JIBAR as at 19 April 2022 of
                                                          4.383% plus 379bps)
Coupon rate indicator:                                    Floating
Trade type:                                               Price
Final maturity date:                                      31 December 2099
Books close date(s):                                      18 January, 18 April, 18 July, 18 October
Interest payment date(s):                                 23 January, 23 April, 23 July, 23 October
Last day to register:                                     By 17:00 on 17 January, 17 April, 17 July, 17
                                                          October
Issue date:                                               22 April 2022
Date convention:                                          Modified Following
Interest commencement date:                               22 April 2022
First interest payment date:                              23 July 2022
Call/step up date:                                        23 April 2027
ISIN:                                                     ZAG000185380
Additional information:                                   Subordinated, unsecured - First Tier
Applicable Pricing Supplement
https://clientportal.jse.co.za/Content/JSEPricingSupplementsItems/NGT111%20PricingSupplement2204.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 10 2348705
Corporate Actions                        JSE         +27 11 5207000
Date: 21 April 2022

Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 21-04-2022 09:15:00
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