| Tue 26 Aug 2025, 14:11 | | AGRIB1 Tap Issue Announcement |
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AGRIB1 Tap Issue Announcement
AGRARIUS SUSTAINABILITY ENGINEERED (RF) LIMITED
Incorporated in the Republic of South Africa with
limited liability
(Registration Number: 2022/521382/06)
JSE Alpha Code: "AGRIB1"
ISIN: ZAG000202797
LEI: 378900376E9ADF2BD166
("Agrarius")
AGRIB1 TAP ISSUE ANNOUNCEMENT
The JSE Limited has granted approval to Agrarius for a tap issue listing under its ZAR 10 billion Shariah
compliant, sustainability focussed asset-backed note programme dated 19 September 2022, focussed on
transactions in the agriculture sector value chain.
The salient details of the tap issuance are as follows:
Authorised programme size: ZAR 10,000,000,000 (ten billion Rand)
Aggregate principal amount of this ZAR 107,645,944 (one hundred seven million six hundred forty-five
tranche: thousand nine hundred forty-four Rand)
Aggregate outstanding principal The aggregate outstanding principal amount immediately after the
amount of all Sukuk (including issue and listing of this tranche will be ZAR 1,184,895,944 (one billion,
existing Sukuk) in issue under the one hundred eighty-four million, eight hundred ninety-five thousand,
Programme as at the Issue Date: nine hundred forty-four Rand) comprising of:
- ZAR 1,007,645,944 (one billion, seven million, six hundred
forty-five thousand, nine hundred forty-four Rand) in respect
of listed Sukuk Notes; and
- ZAR 177,250,000 (one hundred and seventy-seven million two
hundred and fifty thousand Rand) in respect of unlisted Sukuk
Notes.
Instrument type: Floating Rate, Sustainability-linked Asset-Backed Notes, self-labelled
as Sukuk Notes by Agrarius and certified Shari'ah compliant by the
27four Investment Managers Shari'ah Advisory Committee
Debt security code: AGRIB1
Nominal Amount per Sukuk ZAR1.00 (one Rand)
Issue Price: 104.88148% (one hundred four point eight eight one four eight
percent) of the Nominal Amount
Specified Denomination: ZAR 1,000,000 (one million Rand)
Margin: 4.25% per annum
Reference Rate: For all Periodic Distribution Periods, the 6 month ZAR JIBAR (or such
other generally adopted ZARONIA reference rate to be promulgated by
regulation under the Financial Sector Regulation Act 9 of 2017, as
amended by which it may be succeeded and/or replaced prior to the
Maturity Date).
Maturity date: 31 March 2027, unless redeemed on any Optional Dissolution Date
and/or Early Dissolution Date. If any such date is not a Business Day,
the date determined in terms of the Following Business Day
Convention.
Term of the Sukuk: 19 months and 4 days from the issue date
Books close period(s): The Register will be closed from 26 March to 30 March (both dates
inclusive) and 25 September to 29 September (both dates inclusive) in
each year until the Maturity Date.
Periodic distribution dates: 31 March and 30 September of each year until the Maturity Date.
Last day to register: By 17h00 on 25 March and 24 September each year until the Maturity
Date or, if any day is not a Business Day, the last Business Day
immediately preceding the commencement of the Books Closed
Period(s).
Issue date: 27 August 2025
Applicable Business Day Following Business Day Convention
Convention:
Periodic distribution 31 March 2025
commencement date:
ISIN: ZAG000202797
Status of notes: Senior Secured
The applicable pricing supplement for the tap issue is available at
https://www.27four.com/agrarius/investorcentre
Rosebank
26 August 2025
JSE Debt Officer
Johan Fourie
27four Investment Managers
JSE Debt Sponsor and Transaction
Debt Sponsor Administrator Lead Dealer
Questco Corporate Advisory 27four Investment Managers RMB, a division of Firstrand
Proprietary Limited Proprietary Limited Bank Limited
Date: 26-08-2025 02:11:00
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