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ABETNC ABETNQ - Partial Redemption of Exchange Traded Notes

Published: 2023-10-31 10:31:26 ET
<<<  go to JSE:FSR company page
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
LEI: ZAYQDKTCATIXF9OQY690
Alpha code: ABETNC                ISIN: ZAE000293502
Alpha code: ABETNQ                ISIN: ZAE000293510
(FRB)

PARTIAL REDEMPTION OF EXCHANGE TRADED NOTES

The JSE Limited has granted FRB approval for the partial redemptions of the ABETNC and ABETNQ
exchange traded notes referencing Activision Blizzard Inc, respectively (redemptions).

The   redemptions   are     effective      from     the    commencement        of    business     on
Wednesday, 1 November 2023.

Alpha code:                                        ABETNC
ISIN:                                              ZAE000293502
Balance before redemption (units):                 5 000 000
Redemption amount (units):                         4 890 140
Balance after redemption (units):                  109 860

Alpha code:                                        ABETNQ
ISIN:                                              ZAE000293510
Balance before redemption (units):                 5 000 000
Redemption amount (units):                         4 821 139
Balance after redemption (units):                  178 861


The redemptions are due to FRB reducing their exposure in the units held by the issuer and will in no
way prejudice existing investors. Holders of the ABETNC and ABETNQ exchange traded notes will be
notified of the final redemption value of their units once calculated by FRB.

Sandton
31 October 2023

Debt sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)