Enhanced Investments - Financial Portal

New Financial Instrument Listing

Published: 2023-10-23 09:00:54 ET

KAP LIMITED
(former name KAP Industrial Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1978/000181/06)
JSE alpha code: KAP
LEI code: 3789001F51BC0045FD42
(“KAP”)

NEW FINANCIAL INSTRUMENT LISTING

The JSE Limited has granted approval for a new financial instrument listing to KAP under its Domestic
Medium-Term Note programme dated 13 December 2019. The note is jointly and severally, unconditionally
and irrevocably guaranteed by KAP Automotive Proprietary Limited, Restonic Proprietary Limited, PG Bison
Proprietary Limited, Safripol Proprietary Limited, Unitrans Passenger Proprietary Limited and Unitrans
Supply Chain Solutions Proprietary Limited.

Bond code:                                       KAP030
Authorised programme size:                       R10 000 000 000.00
Total amount in issue after this issuance:       R6 475 000 000.00
Instrument type:                                 Floating rate note
Nominal issued:                                  R500 000 000.00
Issue price:                                     100%
Interest rate:                                   3 month JIBAR as at 24 October 2023 plus a margin of 150
                                                 bps
Trade type:                                      Price
Maturity date:                                   15 September 2026
Books close dates:                               5 December to 14 December, 5 March to 14 March, 5 June
                                                 to 14 June and 5 September to 14 September
Interest payment dates:                          15 December, 15 March, 15 June and 15 September
Last day to register:                            By 17h00 on 4 December, 4 March, 4 June and 4
                                                 September
Issue date:                                      24 October 2023
Date convention:                                 Following
Interest commencement date:                      24 October 2023
First interest payment date:                     15 December 2023
ISIN:                                            ZAG000200510
Additional information:                          Senior, unsecured

The Applicable Pricing Supplement is available at www.kap.co.za.

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. For further
information on the Note please contact:

Corporate Actions                                JSE                  +27 11 520 7000


23 October 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.