BURSTONE GROUP LIMITED - New Financial Instrument Listing BTNC1

New Financial Instrument Listing – BTNC1

Burstone Group Limited
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
(Registration Number 2008/011366/06)
("Burstone" or "the Fund")

New Financial Instrument Listing – BTNC1

The JSE Limited has granted a listing to Burstone on Interest Rate Market with effect from 16 October 2023.

Debt security code                  BTNC1
Nominal Issued                      R292,700,000
Issue Price                         100%
Coupon                              3-month JIBAR plus Margin
Margin                              75 bps
Coupon Rate Indicator               Floating
Issue Date                          16 October 2023
Interest Commencement Date          16 October 2023
Interest Rate Determination Date    Issue Date, and the first business day of each Interest Period thereafter
First Interest Payment Date         16 January 2024
Final Maturity Date/ Redemption     16 April 2024
Date
Interest Payment Date(s)            16 January 2024, and 16 April 2024 being the Redemption Date, or if
                                    such day is not a Business Day, the Business Day on which interest will
                                    be paid, as determined in accordance with the applicable Business Day
                                    Convention
Interest Period                     Each period commencing on (and including) an Interest Payment Date
                                    and ending on (but excluding) the following Interest Payment Date,
                                    provided that the first Interest Period will commence on (and include) the
                                    Interest Commencement Date and end on (but exclude) 16 January
                                    2024 (each Interest Payment Date as adjusted in accordance with the
                                    Applicable Business Day Convention)
Last Day to Register                7 January 2024 and 7 April 2024 or if such day is not a Business Day,
                                    the Business Day immediately preceding the Books Closed Period
Books Closed Period                 The Register will be closed from 8 January 2024 to 16 January 2024,
                                    and 8 April 2024 to 16 April 2024, being the Redemption Date (all dates
                                    inclusive)
ISIN No.                            ZAG000200213
Additional Information              Senior Unsecured
Total Notes in issue under          R5,994,000,000 Notes in issue after this issuance
Programme


The Pricing Supplement contains financial covenants applicable in respect of the BTNC1 Notes. Investors
should study the Applicable Pricing Supplement for full details of the terms and conditions applicable to these
Notes.


12 October 2023


Johannesburg
Debt Sponsor
Investec Bank Limited

Date: 12-10-2023 04:00:00
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