FRS190 and FRS191 - Notification of the Full Capital Reduction of Listed Debt Securities
FRS190 and FRS191 - Notification of the 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
Bond code: FRS190 ISIN: ZAG000157835
Bond code: FRS191 ISIN: ZAG000157827
(FRB)
NOTIFICATION OF THE FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES
In accordance with the terms and conditions of FRB's ZAR 30 000 000 000 note programme dated 29
November 2011, as amended and/or updated from time to time, bondholders are herewith advised of the full
capital reduction of the FRS190 and FRS191 notes.
Bond code: FRS190
ISIN: ZAG000157835
Nominal amount before reduction: ZAR 243 356 760.00
Reduction of nominal amount: ZAR 243 356 760.00
Nominal amount after reduction: ZAR 0.00
Settlement / redemption amount: ZAR 282 322 506.00
Calculation of settlement amount: ILRA = ANA * ((FIL / IIL) + ARA * DC)) *
(FXFVD/FXFSD), all definitions used in this
calculation as per the pricing supplement
with FIL at 5 524.902 and FXFVD at 14.7865
Bond code: FRS191
ISIN: ZAG000157827
Nominal amount before reduction: ZAR 86 884 920.00
Reduction of nominal amount: ZAR 86 884 920.00
Nominal amount after reduction: ZAR 0.00
Settlement / redemption amount: ZAR 100 098 294.00
Calculation of settlement amount: ILRA = ANA * ((FIL / IIL) + ARA * DC)) *
(FXFVD/FXFSD), all definitions used in this
calculation as per the pricing supplement
with FIL at 248.1 and FXFVD at 16.3961
Pay date of the repurchase: 15 November 2019
Effective date of the reduction in nominal amount: 15 November 2019
URL to the pricing supplements: https://www.firstrand.co.za/investors/debt-
investor-centre/jse-listed-instruments/
The full capital reductions are due to the repurchase of the listed debt securities by FRB.
12 November 2019
Debt Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
Date: 12/11/2019 12:50:00
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