NVETNC NVETNQ - Stock Split and Update to the Net Asset Value
NVETNC NVETNQ - Stock Split 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
Alpha code: NVETNC ISIN: ZAE000330452
Alpha code: NVETNQ ISIN: ZAE000330494
(FRB)
STOCK SPLIT AND UPDATE TO THE NET ASSET VALUE
Holders of the NVETNC and NVETNQ exchange-traded notes (ETNs) are advised that on Monday, 10
June 2024, NVIDIA Corporation had a 10 for 1 stock split. As per published guidance, this corporate
action was synthetically adjusted for in the ETNs on Monday, 10 June 2024. No distribution or payment
will be made.
Split ratio 10:1
Adjustment factor 10
Effective date Monday, 10 June 2024
The daily published net asset value (NAV) has already been updated to include the effect of the stock
split, 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/
10 June 2024
Debt sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)
Date: 10-06-2024 03:20:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
