FRC - Notification of A Partial Capital Reduction 16 Jan 2020

FRC - Notification of A Partial Capital Reduction of Listed Debt Securities: 
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC256
ISIN: ZAG000145806
(FRB)


NOTIFICATION OF A PARTIAL 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 from time to time, noteholders are herewith advised of the partial capital
reduction of the FRC256 notes.

Bond code:                                                          FRC256
ISIN:                                                               ZAG000145806
Amount before reduction:                                            ZAR 24 000 000.00
Reduction amount:                                                   ZAR 1 500 000.00
Amount after reduction:                                             ZAR 22 500 000.00
Settlement / redemption amount:                                     ZAR 1 500 000.00
Record date:                                                        10 January 2020
Pay date/effective date of the reduction:                           17 January 2020

The partial capital reduction is due to the amortisation of the listed debt securities by the issuer.



16 January 2020

Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa

Date: 16-01-2020 03:36:00
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FirstRand Ltd. published this content on 16 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 January 2020 14:23:06 UTC