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FIRSTRAND BANK LIMITED - FRS281 - Notification of a Full Capital Reduction of Listed Debt Securities

Release Date: 10/05/2024 11:25
Code(s): FRS281     PDF:  
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FRS281 - Notification of a Full Capital Reduction of Listed Debt Securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS281
ISIN: ZAG000180449
(FRB)

NOTIFICATION OF A FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the terms and conditions of FRB's R 60 000 000 000 Note Programme dated 29
November 2011, as amended from time to time, noteholders are herewith advised of the full capital
repurchase of the FRS281 notes (the notes).

Bond code:                                                  FRS281
ISIN:                                                       ZAG000180449
Nominal amount before redemption:                           R 450 000 000.00
Redemption in nominal amount:                               R 450 000 000.00
Nominal amount after redemption:                            R 0.00
Settlement / redemption amount:                             R 570 000 000.00, calculated in accordance
                                                            with paragraph 35 of the pricing supplement
Record date (for purposes of STRATE):                       13 May 2024
Pay date / early redemption date:                           14 May 2024
Effective date of reduction:                                14 May 2024

This reduction is due to the repurchase of the notes by FRB, in accordance with the terms and
conditions of the notes.

10 May 2024

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

Date: 10-05-2024 11:25:00
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