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DCCUS2 - 2yr dollar custodial certificates interest distribution

Buy Firstrand Stocks
Published: 2023-06-05 17:20:20 ET
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FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
LEI: ZAYQDKTCATIXF9OQY690
Alpha code: DCCUS2
ISIN: ZAE000251179
(FRB)


2YR DOLLAR CUSTODIAL CERTIFICATES INTEREST DISTRIBUTION

Notice is hereby given that FRB will pay a cash distribution to the holders of the 2yr dollar custodial certificates
(DCCUS2) listed on the exchange traded funds sector of the JSE Limited, in accordance with clause 12 of the
Offering Circular dated 31 October 2017, as per the table below.

  Alpha Code: DCCUS2                                             Interest       Total
  Distribution Source type                                       Local
  Net Distribution Reinvested                                    No
  Source of Funds (Country Code)                                 ZA
  Subject to Foreign Withholding tax                             No
  Gross Foreign Rate (cents per unit)
  Foreign Tax % withheld at source
  Foreign Tax amount per unit
  DTA with Source Country
  Foreign Tax Reclaim %
  Portfolio/Management Cost                                      145.50000      145.50000
  Interest Expense
  Other costs
  Gross ZA Distribution (Cents per unit)                         485.00000       485.00000
  Gross Local Rate (cents per unit)                              339.50000       339.50000
  SA Withholding Tax %
  SA Withholding Tax amount per unit
  Local Net Rate                                                 339.50000       339.50000

For purposes of clarity, kindly note that the distribution will be marked as interest in accordance with the JSE’s
payment infrastructure. Investors are advised that no lending relationship exists between themselves and the
Issuer.

The salient dates for the payment will be as follows:

 Last day to trade to receive the payment                                                 Tuesday, 20 June 2023
 Shares commence trading “ex” the payment on                                            Wednesday, 21 June 2023
 Record date                                                                                Friday, 23 June 2023
 Payment date                                                                             Monday, 26 June 2023

The DCCUS2 certificates may not be dematerialised or rematerialised between Wednesday, 21 June 2023
and Friday, 23 June 2023, both days inclusive.

Local dividend tax of 20% is not applicable to the payment amount.

The payment has been calculated with reference to interest paid by FRB.

FRB had 151 000 DCCUS2 units in issue as at the date of receipt of the income on the underlying asset.
Sandton
5 June 2023

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)