To view the PDF file, sign up for a MySharenet subscription.

SAPPI SOUTHERN AFRICA LIMITED - Convertible bond: interest payment

Release Date: 21/04/2023 14:54
Code(s): SAPCB     PDF:  
Wrap Text
Convertible bond: interest payment

SAPPI SOUTHERN AFRICA LIMITED
Registration number 1951/003180/06
Incorporated in the Republic of South Africa
JSE code: SAPCB
(‘Sappi Southern Africa’)
ISIN: ZAE000296083

Convertible bond: interest payment

Bondholders of the Sappi Southern Africa ZAR1,165,690,000 5.250% senior unsecured convertible
bond (“the Convertible Bond”) are hereby advised that the Convertible Bond will commence trading
ex-interest from the commencement of business on Wednesday, 17 May 2023 until the close of trade
on Friday, 19 May 2023 with respect to the interest period which commenced on 28 November 2022
(inclusive) and that will end on 26 May 2023 (exclusive).

The interest amount to be paid will be ZAR257.46 for each ZAR10,000.00 of principal amount. The
next interest coupon period will commence on 26 May 2023 (inclusive) and end on 26 November 2023
(exclusive).

The salient dates relating to this interest payment in terms of the JSE Limited’s corporate action
timetables are as follows:

 Last day to trade in order to participate in this interest   Tuesday, 16 May 2023
 Ex interest date                                             Wednesday, 17 May 2023
 Record date                                                  Friday, 19 May 2023
 Payment date                                                 Friday, 26 May 2023


21 April 2023
Johannesburg

Debt sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 21-04-2023 02:54:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story