Enhanced Investments - Financial Portal

New financial instrument listing

Published: 2023-05-22 16:30:22 ET

OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LIMITED
Registration number 1999/004643/06
JSE alpha code: OLDM
(“OMLACSA”)

NEW FINANCIAL INSTRUMENT LISTING

The JSE Limited has granted a listing to OMLACSA of its unsecured subordinated floating rate note in
terms of its R25,000,000,000 Note Programme (“the Programme”), as guaranteed by Old Mutual
Limited, dated 13 December 2022.

New Instrument                                     OML16
Authorised programme size:                         R25,000,000,000.00
Total amount in issue after this issuance:         R9 742 000 000
Instrument type:                                   Unsecured Subordinated Floating Rate Notes
Bond code:                                         OML16
Nominal issued:                                    R859,000,000.00
Issue price:                                       100%
Coupon rate:                                       9.583% (3 month JIBAR as at 18 May 2023 of 8.083%
                                                   plus 150 bps)
Coupon rate indicator:                             Floating
Trade type:                                        Price
Final maturity date:                               23 May 2028
Books close dates:                                 13 February to 22 February, 13 May to 22 May, 13
                                                   August to 22 August and 13 November to 22
                                                   November
Interest payment dates:                            23 February, 23 May, 23 August, and 23 November
Last day to register:                              By 17:00 on 12 February, 12 May, 12 August, and 12
                                                   November
Issue date:                                        23 May 2023
Date convention:                                   Following business day
Interest commencement date:                        23 May 2023
First interest payment date:                       23 August 2023
ISIN:                                              ZAG000195983
Additional information:                            Unsecured subordinated floating rate note

The Applicable Pricing Supplement is available at:
https://www.oldmutual.com/investor-relations/debt-investors

The note relating to the new financial instrument (“Note”) will be dematerialised in the Central Securities
Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules.

Menique Botha                                      +27 (10) 234 8720

22 May 2023
Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.