FIRSTRAND BANK LIMITED - FRII - Notification Of A Partial Capital Reduction And Accrued Interest Payment Of Listed Debt Securities

FRII - Notification Of A Partial Capital Reduction And Accrued Interest Payment Of Listed Debt Securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRC179       ISIN: ZAG000108168
Bond code: FRC195       ISIN: ZAG000114745
Bond code: FRC207       ISIN: ZAG000117649
Bond code: FRC208       ISIN: ZAG000117656
(FRB)

NOTIFICATION OF A PARTIAL CAPITAL REDUCTION AND ACCRUED INTEREST PAYMENT OF LISTED
DEBT SECURITIES

In accordance with the terms and conditions of FRB’s ZAR 30 000 000 000 note programme dated 29 November
2011, bondholders are herewith advised of the partial capital reduction of the following notes:

Bond code:                                                 FRC179
ISIN:                                                      ZAG000108168
Nominal amount before reduction:                           ZAR 20 000 000.00
Reduction of nominal amount:                               ZAR 1 000 000.00
Nominal amount after reduction:                            ZAR 19 000 000.00
Settlement / redemption amount:                            ZAR 1 022 000.00
Accrued interest amount:                                   ZAR 11 592.33, included in the settlement amount
Annualised interest rate:                                  10.32%

Bond code:                                                 FRC195
ISIN:                                                      ZAG000114745
Nominal amount before reduction:                           ZAR 30 000 000.00
Reduction of nominal amount:                               ZAR 1 000 000.00
Nominal amount after reduction:                            ZAR 29 000 000.00
Settlement / redemption amount:                            ZAR 1 031 000.00
Accrued interest amount:                                   ZAR 11 266.58, included in the settlement amount
Annualised interest rate:                                  10.03%

Bond code:                                                 FRC207
ISIN:                                                      ZAG000117649
Nominal amount before reduction:                           ZAR 17 000 000.00
Reduction of nominal amount:                               ZAR 1 000 000.00
Nominal amount after reduction:                            ZAR 16 000 000.00
Settlement / redemption amount:                            ZAR 1 028 000.00
Accrued interest amount:                                   ZAR 11 401.37, included in the settlement amount
Annualised interest rate:                                  10.15%

Bond code:                                                 FRC208
ISIN:                                                      ZAG000117656
Nominal amount before reduction:                           ZAR 22 100 000.00
Reduction of nominal amount:                               ZAR 1 000 000.00
Nominal amount after reduction:                            ZAR 21 100 000.00
Settlement / redemption amount:                            ZAR 1 015 000.00
Accrued interest amount:                                   ZAR 10 513.97, included in the settlement amount
Annualised interest rate:                                  9.36%


Interest period:                                           20 March 2019 to 29 April 2019
Pay date pursuant to the repurchase:                       30 April 2019
Effective date of the partial capital reduction:           2 May 2019


The partial capital reductions are due to the repurchase of the listed debt securities by FRB.
26 April 2019

Debt Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

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