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FIRSTRAND BANK LIMITED - FRS420 - Notification of a Full Capital Reduction of Listed Debt Securities

Release Date: 25/06/2025 11:15
Code(s): FRS420     PDF:  
Wrap Text
FRS420 - 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: FRS420       ISIN: ZAG000215534
(FRB)

NOTIFICATION OF A FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the terms and conditions of the FRB R60 000 000 000.00 note programme dated 29 November 2011, as
amended or supplemented from time to time, noteholders are herewith advised of the full capital reduction of the FRS420 notes (the
notes).

Bond code:                                                           FRS420
ISIN:                                                                ZAG000215534
Nominal amount before reduction:                                     R100 000.00
Reduction in nominal amount:                                         R100 000.00
Nominal amount after reduction:                                      R0.00
Settlement amount:                                                   R102 476.71, the settlement amount has been
                                                                     calculated in accordance with paragraph 35 of the
                                                                     pricing supplement
Record date (for STRATE purposes):                                   30 June 2025
Pay / settlement date:                                               1 July 2025
Effective date of reduction in nominal amount:                       1 July 2025

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

25 June 2025

Debt sponsor
FirstRand Bank Limited

Date: 25-06-2025 11:15:00
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