JSE Sens

FRC69 - Notification of the Voting Results in respect of the Request for Written Consent

2020/01/14 13:10:16

Stock report

                    
FRC69 - Notification of the Voting Results in respect of the Request for Written Consent: 
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC69
ISIN: ZAG000088766
(FRB)


NOTIFICATION OF THE VOTING RESULTS IN RESPECT OF THE REQUEST FOR WRITTEN CONSENT

Noteholders are referred to the notice of request for written consent released on SENS on 5 December 2019, with the deadline date being 12h00 on 13 January 2020 (the
noteholders written consent) at which the written consent set out below was considered:

        The Issuer seeks the Instrumentholders' written consent in accordance with Condition 23.3 (Modification) of the Terms and Conditions to amend and restate the
        Terms and Conditions of the Applicable Pricing Supplement to reflect the changes highlighted in the revised version of the Applicable Pricing Supplement annexed
        as Schedule 1 to the noteholders written consent, in order to correct the Scheduled Termination Date of the Credit Default Swap and to update for the latest JSE
        Debt Listings Requirements (where applicable).

In this regard, FRB confirms that the voting results from the noteholders written consent in relation to total nominal amount of that class of debt securities are as follows:

 Bond      Total nominal amount of     Debt securities voted       Debt securities voted       Votes abstained as a        Votes carried for written    Votes against written
 code      all debt securities         disclosed as a number       disclosed as a              percentage                  consent as a                 consent as a
                                                                   percentage                                              percentage                   percentage
 FRC69     R 64 600 000.00             R64 600 000.00              100.00%                     0.00%                       100.00%                      0.00%

The noteholders written consent has therefore been passed and the amendments are effective as at the date of this announcement.


14 January 2020

Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa

Date: 14-01-2020 01:10:00
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