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UsPlus - Listing of New Financial Instruments
Us Plus Limited
Incorporated in the Republic of South Africa
(Registration number 2014/048709/06)
Stock Code: USPN04 ISIN Code: ZAG000227687
Stock Code: USPN05 ISIN Code: ZAG000227695
(“UsPlus”)
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE Limited (“JSE”) has, with effect from 21 August 2026, granted UsPlus the listing of its Senior Unsecured
Floating Rate Notes, USPN04, due 21 August 2027, and USPN05, due 21 August 2028, issued in terms of the
Us Plus Limited ZAR1,000,000,000 Domestic Medium Term Note Programme (“Programme”).
Total Notes in issue under the Programme (including these issuances): ZAR205,000,000.00
Instrument Code: USPN04
ISIN: ZAG000227687
Type of Debt Security: Floating Rate Notes
Nominal Issued: ZAR25,000,000.00
Issue Date: 21 August 2026
Issue Price: 100% of the Nominal Amount of each Note
Interest Payment Basis: Floating Rate Notes
Margin: 550 basis points to be added to the Reference Rate.
Interest Period(s): Each period commencing on (and including) one Floating Interest
Payment Date and ending on (but excluding) the following Floating
Interest Payment Date; provided that:
1) the first Interest Period will commence on the Interest
Commencement Date and end on (but exclude) the following Floating
Interest Payment Date (each Floating Interest Payment Date as
adjusted in accordance with the Applicable Business Day
Convention); and
2) the last Interest Period shall end on (but exclude) the Maturity Date.
Interest Commencement Date: 21 August 2026
Floating Interest Payment Date(s): 21 November 2026, 21 February 2027, 21 May 2027 and 21 August 2027
up to and including the Maturity Date or, if such day is not a Business
Day, the Business Day on which the interest will be paid, as determined
in accordance with the Applicable Business Day Convention.
Interest Rate Determination Date(s): The 5th (Fifth) Johannesburg Business Day (as defined in paragraph 1
of Schedule 2 (Screen Rate Determination for Floating Rate Notes
Referencing Compounded Daily ZARONIA (Lookback Without
Observation Shift)) prior to each Floating Interest Payment Date.
First Interest Payment Date: 21 November 2026
Business Day Convention: Following Business Day Convention
Last Day to Register: By 17h00 on the Business Day immediately preceding each Floating
Interest Payment Date or, if an early redemption occurs, 1 (one) calendar
day prior to the actual Redemption Date (or, if such day is not a Business
Day, the Business Day prior thereto), until the Maturity Date.
Books Closed Periods: Not applicable
Maturity Date: ZAR25 000 000,00 on 21 August 2027 (as adjusted in accordance with
the Applicable Business Day Convention), unless redeemed at a different
date by agreement, in which case, such different date.
Final Redemption Amount: The Issue Price
Additional Terms: Please refer to Schedule 1 to the Applicable Pricing Supplement headed
“Amended Terms and Conditions”.
Other Provisions: Please refer to Schedule 1 to the Applicable Pricing Supplement headed
“Amended Terms and Conditions” and Schedule 2 to the Applicable
Pricing Supplement headed “Additional Terms and Conditions of the
Notes”.
Instrument Code: USPN05
ISIN: ZAG000227695
Type of Debt Security: Floating Rate Notes
Nominal Issued: ZAR25,000,000.00
Issue Date: 21 August 2026
Issue Price: 100% of the Nominal Amount of each Note
Interest Payment Basis: Floating Rate Notes
Margin: 575 basis points to be added to the Reference Rate.
Interest Period(s): Each period commencing on (and including) one Floating Interest
Payment Date and ending on (but excluding) the following Floating
Interest Payment Date; provided that:
1) the first Interest Period will commence on the Interest
Commencement Date and end on (but exclude) the following Floating
Interest Payment Date (each Floating Interest Payment Date as
adjusted in accordance with the Applicable Business Day
Convention); and
2) the last Interest Period shall end on (but exclude) the Maturity Date.
Interest Commencement Date: 21 August 2026
Floating Interest Payment Date(s): 21 November, 21 February, 21 May and 21 August in each year up to
and including the Maturity Date or, if such day is not a Business Day, the
Business Day on which the interest will be paid, as determined in
accordance with the Applicable Business Day Convention.
Interest Rate Determination Date(s): The 5th (Fifth) Johannesburg Business Day (as defined in paragraph 1
of Schedule 2 (Screen Rate Determination for Floating Rate Notes
Referencing Compounded Daily ZARONIA (Lookback Without
Observation Shift)) prior to each Floating Interest Payment Date.
First Interest Payment Date: 21 November 2026
Business Day Convention: Following Business Day Convention
Last Day to Register: By 17h00 on the Business Day immediately preceding each Floating
Interest Payment Date or, if an early redemption occurs, 1 (one) calendar
day prior to the actual Redemption Date (or if such day is not a Business
Day, the Business Day prior thereto), until the Maturity Date.
Books Closed Periods: Not applicable
Maturity Date: ZAR25 000 000,00 on 21 August 2028 (as adjusted in accordance with
the Applicable Business Day Convention), unless redeemed at a different
date by agreement, in which case, such different date.
Final Redemption Amount: The Issue Price
Additional Terms: Please refer to Schedule 1 to the Applicable Pricing Supplement headed
“Amended Terms and Conditions”.
Other Provisions: Please refer to Schedule 1 to the Applicable Pricing Supplement headed
“Amended Terms and Conditions” and Schedule 2 to the Applicable
Pricing Supplement headed “Additional Terms and Conditions of the
Notes”.
Notes will be deposited in the Central Depository (“CSD”) and settlement will take place electronically in terms of the
JSE Rules.
There are no additional terms and conditions or changes to the terms and conditions to the Programme which are
contained in the Applicable Pricing Supplements, other than as set out in Schedule 1 to each of the Applicable Pricing
Supplements headed “Amended Terms and Conditions” and Schedule 2 to each of the Applicable Pricing
Supplements headed “Additional Terms and Conditions of the Notes”.
Johannesburg
20 August 2026
Debt Sponsor
Merchantec Capital
Date: 20/08/2026 06:30:00
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