SANTAM LIMITED - SNT04 - Notification of a Full Capital Reduction and Accrued Interest Payment of listed debt securities

SNT04 - Notification of a Full Capital Reduction and Accrued Interest Payment of listed debt securities

SANTAM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1918/001680/06
Company code: BISAN
Bond code: SNT04
ISIN: ZAG000144726
(“Santam” or “the Issuer”)


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

In accordance with the terms and conditions of Santam’s unsecured subordinated callable note
programme dated 8 March 2016, as amended or supplemented from time to time, noteholders
are herewith advised of the full capital reduction and accrued interest payment on the SNT04
notes.

Bond code:                                                        SNT04
ISIN:                                                             ZAG000144726
Amount before reduction:                                          ZAR 1 000 000 000.00
Reduction amount:                                                 ZAR 1 000 000 000.00
Amount after reduction:                                           ZAR 0.00
Settlement / redemption amount:                                   ZAR 1 000 000 000.00
Record date:                                                      24 June 2022
Pay date / early redemption date:                                 27 June 2022

Interest rate:                                                    6.467%
Interest amount due:                                              ZAR 16 123 205.48
Interest period:                                                  28 March 2022 to 26 June 2022
Payment date:                                                     27 June 2022
Date Convention:                                                  Following Business Day

The 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 SNT04 notes.


26 May 2022

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

Date: 26-05-2022 09:48:00
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