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FIRSTRAND BANK LIMITED - NVETNC NVETNQ - Receipt of Dividend Payment and Update to the Net Asset Value

Release Date: 30/12/2024 13:55
Code(s): NVETNC NVETNQ     PDF:  
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NVETNC NVETNQ - Receipt of Dividend Payment and Update to the Net Asset Value

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRTN
LEI: ZAYQDKTCATIXF9OQY690
JSE Alpha code: NVETNC             ISIN: ZAE000330452
JSE Alpha code: NVETNQ             ISIN: ZAE000330494
(FRB)

RECEIPT OF DIVIDEND PAYMENT AND UPDATE TO THE NET ASSET VALUE

Holders of the NVETNC and NVETNQ exchange-traded notes (ETNs) are advised that on Friday, 27 December 2024, NVIDIA
Corporation paid a dividend of $0.01 per share. As per published guidance, this dividend was synthetically reinvested, net of
all taxes, charges and fees, for the ETNs at the US closing price on Friday, 27 December 2024. The result of the synthetic
dividend reinvestment is to increase the fractional number of shares each ETN references and no distribution or payment will
be made.

Dividend amount $0.01/share
Effective tax rate 15.00%
Reinvestment amount $0.0085/share
Reinvestment price $137.01 /share

The daily published net asset value (NAV) has already been updated to include the effect of the dividend being paid, which
can be viewed at:
https://www.rmb.co.za/page/inward-listed-etns

NAV formulae for the instruments can be found at:
https://www.firstrand.co.za/investors/debt-investor-centre/prospectuses-and-programme-memoranda/
https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-instruments/

30 December 2024

JSE Debt sponsor
FirstRand Bank Limited

Date: 30-12-2024 01:55:00
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