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DCCUSD - Dollar Custodial Certificates distribution

Buy Firstrand Stocks
Published: 2022-05-23 17:29:26 ET
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FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
LEI: ZAYQDKTCATIXF9OQY690
Alpha code: DCCUSD
ISIN: ZAE000234977
(FRB or the Issuer)


DOLLAR CUSTODIAL CERTIFICATES DISTRIBUTION

Notice is hereby given that FRB will pay a cash distribution to the holders of the dollar custodial certificates
(DCCUSD) listed on the exchange traded funds sector of the JSE Limited, in accordance with clause 12 of
the Offering Circular dated 6 January 2017, as per the table below.

 Alpha Code: DCCUSD                                          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)                         1625.00000     1625.00000
 Foreign Tax % withheld at source
 Foreign Tax amount per unit
 DTA with Source Country
 Foreign Tax Reclaim %
 Portfolio/Management Cost                                   487.50000      487.50000
 Interest Expense
 Other costs
 Gross ZA Distribution (Cents per unit)                      1137.50000     1137.50000
 Gross Local Rate (cents per unit)                           1137.50000     1137.50000
 SA Withholding Tax %
 SA Withholding Tax amount per unit
 Local Net Rate                                              1137.50000     1137.50000

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, 7 June 2022
Shares commence trading “ex” the payment on                                          Wednesday, 8 June 2022
Record date                                                                             Friday, 10 June 2022
Payment date                                                                          Monday, 13 June 2022

The DCCUSD certificates may not be dematerialised or rematerialised between Wednesday, 8 June 2022
and Friday, 10 June 2022, 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 135 000 DCCUSD units in issue as at the date of receipt of the income on the underlying asset.
Sandton
23 May 2022

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