AFRICAN BANK LIMITED - ABKI - Interest Payment Notifications

ABKI - Interest Payment Notifications

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2014/176899/06)
Company code: ABKI
LEI: 2549008X8SL1B1J86F98
Bond code: ABJ01      ISIN: ZAG000164914
Bond code: ABJ02      ISIN: ZAG000175241
Bond code: ABJ03      ISIN: ZAG000179607
Bond code: ABJ04      ISIN: ZAG000184680
Bond code: ABJ05      ISIN: ZAG000184698
Bond code: ABKI04     ISIN: ZAG000134578
(“African Bank”)



INTEREST PAYMENT NOTIFICATIONS

Noteholders are advised of the following interest payment due 3 March 2023:

Bond code:                  ABJ01
ISIN:                       ZAG000164914
Coupon:                     11.017%
Interest amount due:        ZAR 14 608 843.84
Interest period:            5 December 2022 to 2 March 2023
Payment date:               3 March 2023
Date Convention:            Modified Following Business Day

Noteholders are advised of the following interest payment due 13 March 2023:

Bond code:                  ABKI04
ISIN:                       ZAG000134578
Nominal amount:             ZAR 480 000 000
Interest rate:              5.750%
Rate for the period:        2.875%
Base CPI (rebased):         66.33134
Reference CPI:              106.95484
Applicable formula:         (Nominal Amount x CPI Adjustment x Interest Coupon Rate) /2,
                            where:
                            - CPI Adjustment = Reference CPI / Base CPI; and
                            - Ref CPIDate = Ref CPIJ + [t – 1 / D] X (Ref CPIJ+1 – Ref CPIJ),
                            all of the above terms as defined in the applicable pricing
                            supplement
Interest amount due:        ZAR 22 251 575.08
URL:                        https://www.africanbank.co.za/en/home/corporate-info-
                            debt-investor-info, by selecting 2016 under “Funding
                            overview” to access the relevant pricing supplement
Payment date:              13 March 2023
Date Convention:           Modified Following Business Day

Noteholders are advised of the following interest payment due 14 March 2023:

Bond code:                 ABJ03
ISIN:                      ZAG000179607
Coupon:                    9.958%
Interest amount due:       ZAR 8 790 322.19
Interest period:           14 December 2022 to 13 March 2023
Payment date:              14 March 2023
Date Convention:           Modified Following Business Day


Noteholders are advised of the following interest payments due 30 March 2023:

Bond code:                 ABJ04
ISIN:                      ZAG000184680
Coupon:                    9.848%
Interest amount due:       ZAR 3 763 824.66

Bond code:                 ABJ05
ISIN:                      ZAG000184698
Coupon:                    10.258%
Interest amount due:       ZAR 5 185 208.22

Interest period:           30 December 2022 to 29 March 2023
Payment date:              30 March 2023
Date Convention:           Modified Following Business Day

Noteholders are advised of the following interest payment due 31 March 2023:

Bond code:                 ABJ02
ISIN:                      ZAG000175241
Coupon:                    10.198%
Interest amount due:       ZAR 12 763 425.64
Interest period:           30 December 2022 to 30 March 2023
Payment date:              31 March 2023
Date Convention:           Modified Following Business Day


28 February 2023

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

Date: 28-02-2023 12:40:00
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