Enhanced Investments - Financial Portal

COETNC COETNQ - Receipt of dividend payment and update to the net asset value

Published: 2022-10-04 12:25:17 ET

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRTN
LEI: ZAYQDKTCATIXF9OQY690
Alpha code: COETNC                ISIN: ZAE000291233
Alpha code: COETNQ                ISIN: ZAE000291282
(FRB)


RECEIPT OF DIVIDEND PAYMENT AND UPDATE TO THE NET ASSET VALUE

Holders of the COETNC and COETNQ exchange-traded notes (ETNs) are advised that on Monday, 3
October 2022, The Coca Cola Company paid a dividend of $0.44 per share. As per published guidance,
this dividend was synthetically reinvested, net of all taxes, charges and fees, for the ETNs at the US
closing price on Monday, 3 October 2022. The result of the synthetic dividend reinvestment is to
increase the fractional number of shares each ETN references and no distribution or payment will be
made.

Dividend amount          $0.44/share
Effective tax rate       15%
Reinvestment amount      $0.374/share
Reinvestment price       $56.65/share

The daily published net asset value (NAV) has already been updated to include the effect of the dividend
being paid, which can be viewed at:
https://www.rmb.co.za/page/inward-listed-etns

NAV formulae for the instruments can be found at:
https://www.firstrand.co.za/investors/debt-investor-centre/prospectuses-and-programme-memoranda/
https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-instruments/


4 October 2022

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

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

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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.