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NEDBANK GROUP LIMITED - Full capital redemption - NGL08

Release Date: 26/05/2025 08:30
Code(s): NGL08     PDF:  
Wrap Text
Full capital redemption - NGL08

NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1966/010630/06
JSE Alpha Code: NEDI
('Nedbank Group' or the 'Issuer')

Full Capital Redemption – NGL08

In accordance with the provisions of the terms and conditions of Nedbank Group's unsecured subordinated
notes in terms of its Domestic Medium-Term Note Programme ("DMTN Programme") and sections D3 and D4
(Issuer Early Redemption Election') of the NGL08 Applicable Pricing Supplement ("APS") dated 29 June 2020,
investors are herewith advised of the early full capital redemption of NGL08 effective Wednesday, 2 July 2025.

In line with the terms and conditions of the DMTN Programme, APS and the Banks Act and Regulations, the
Registrar of Banks has granted written approval for the early redemption of the NGL08 note by Nedbank
Group.

JSE Code         ISIN               Capital redemption           Amount                 Record date
                                    amount                       outstanding after
                                                                 capital redemption
NGL08            ZAG000169145       R2 050,000,000.00            R0.00                  Tuesday, 1 July
                                                                                        2025


26 May 2025

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

Date: 26-05-2025 08:30:00
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