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FIRSTRAND BANK LIMITED - FRE002 FRE003 - Listing of Structured Product Notes

Release Date: 07/10/2024 14:05
Code(s): FRE002 FRE003     PDF:  
Wrap Text
FRE002 FRE003 - Listing of Structured Product Notes

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
JSE company code structured product issuer: FRBT
LEI: ZAYQDKTCATIXF9OQY690
Stock code:       FRE002            ISIN: ZAE000340055
Stock code:       FRE003            ISIN: ZAE000340063
 (FRB)


LISTING OF STRUCTURED PRODUCT NOTES

The JSE Limited (JSE) has granted FRB approval for the listings of the FRE002 and FRE003 structured
products notes (SPs), which will be listed on the main board of the JSE in the investment products
sector, with effect from the commencement of business on 16 October 2024 and traded through any
authorised user of the JSE. These SPs will be subject to the standard tax treatment for listed instruments
and are classified as inward listed securities.

 Long name:                                   FRB SPCP16Oct292
 Short name:                                  FRBSP2902
 Stock code:                                  FRE002
 ISIN code:                                   ZAE000340055
 Instrument number:                           118105
 Underlying asset and ISIN:                   Eurostoxx50 Price Return Index

 Long name:                                   FRB SPCP16Oct293
 Short name:                                  FRBSP2903
 Stock code:                                  FRE003
 ISIN code:                                   ZAE000340063
 Instrument number:                           118106
 Underlying asset and ISIN:                   S&P500 Price Return Index

 THE BELOW SECTION IS APPLICABLE TO THE FRE002 AND FRE003 SPs ABOVE:

 Issue date:                                  16 October 2024
 Issue size (units):                          7 693 Structured Notes of R 1 000.00 each
 Denomination:                                ZAR
 Issue price (Rands):                         R 940.50
 Maturity date:                               16 October 2029
 Final redemption amount:                     An amount in ZAR determined and calculated by the
                                              calculation agent equal to the index linked redemption
                                              amount:
                                              ILRA = ANA * (100% + PPN * MAX(FIL / IIL -100%; 0) *
                                              FXFVD/FXFSD), all definitions used in this calculation are
                                              as per the pricing supplement
 Contact:                                     David van Wyk
 Telephone number:                            27 11 282 8000

The pricing supplements will be available for inspection through a secure electronic manner at the
election of the person requesting inspection, upon request, and has been made available for inspection
on the FirstRand Limited website: https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-
instruments/.


7 October 2024

Debt sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

Date: 07-10-2024 02:05:00
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