UBS AG - Notification of Adjustment Event on UBS Long/Short Certificates on Naspers Ltd(Long) vs. Tencent Holdings-UBNPNM

Notification of Adjustment Event on UBS Long/Short Certificates on Naspers Ltd(Long) vs. Tencent Holdings-UBNPNM

UBS AG, London Branch
(“UBS AG” or the “Company”)
(Incorporated and domiciled in Switzerland)
(Registration number: CH-270.3.004.646-4)

Notification of Adjustment Event on UBS Long/Short Certificates on Naspers
Limited (Long) vs. Tencent Holdings Limited (Short)

The Calculation Agent has determined details and effective date of the
adjustment as per the following:

Old cash component (in ZAR) = 1723.59

Old Issue Price (in ZAR) = 679.27

New cash component    (in   ZAR)    =   1723.59   +   adjustment   related   to   the
unbundling

Adjustment related to unbundling = 0.34588 x 5.706357 = 1.973714

New cash component (in ZAR) = 1725.56

New Issue Price (in ZAR) = 681.24

Effective date: 21 September 2017

The Adjustment Event affects the following certificates:

INSTRUMENT NUMBER:   72205
ALPHA CODE:          UBNPNM
ISIN:                ZAE000248936

For further information kindly contact:
UBS KeyInvest South Africa
Tel.: +27 11 322 7129 / 7317
E-mail: keyinvestza@ubs.com
Web: http://keyinvest-za.ubs.com/

Johannesburg
21 September 2017

Sponsor: UBS South Africa (Pty) Limited

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