FIRSTRAND BANK LIMITED - FRS194 - Notification of a Full Capital Reduction of Listed Debt Securities and Accrued Interest Payment

FRS194 - Notification of a Full Capital Reduction of Listed Debt Securities and Accrued Interest Payment

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS194          ISIN: ZAG000160516
(FRB)


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

In accordance with the terms and conditions of FRB's R 60 000 000 000.00 note programme dated 29
November 2011, as amended from time to time, noteholders are herewith advised of the full capital reduction
and accrued interest payment of the FRS194 notes.

Bond code:                                                         FRS194
ISIN:                                                              ZAG000160516
Nominal amount before reduction:                                   R 6 367 051.00
Reduction of nominal amount:                                       R 6 367 051.00
Nominal amount after reduction:                                    R 0.00
Interest amount due:                                               R 3 350 254.12
Applicable formula:                                                Calculated in accordance with paragraph 38
                                                                   of the pricing supplement
Settlement amount:                                                 R 14 350 253.28, inclusive of accrued
                                                                   interest, calculated in accordance with
                                                                   paragraph 38 of the pricing supplement
URL:                                                               https://www.firstrand.co.za/investors/debt-
                                                                   investor-centre/jse-listed-instruments/
Date convention:                                                   Following business day
Record date:                                                       25 April 2024
Pay date of the repurchase and accrued interest:                   26 April 2024
Effective date of the reduction in nominal amount:                 26 April 2026

This full capital reduction is due to the early redemption of the listed debt securities by the Issuer, in accordance
with the terms and conditions of the notes.



24 April 2024

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

Date: 24-04-2024 04:30:00
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