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NEDBANK GROUP LIMITED - Full Capital Redemption NGL07

Release Date: 04/03/2024 08:00
Code(s): NGL07     PDF:  
Wrap Text
Full Capital Redemption – NGL07

NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1966/010630/06
JSE Alpha Code: NEDI
('Nedbank Group' or the 'Issuer')

Full Capital Redemption – NGL07

In accordance with the provisions of the terms and conditions of Nedbank Group's unsecured subordinated
notes in terms of its Domestic Medium-Term Note Programme and sections D3 and D4 ('Issuer Early
Redemption Election') of the NGL07 Pricing Supplement dated 4 April 2019, investors are herewith advised of
the early full capital redemption of NGL07 effective Tuesday, 9 April 2024.

In accordance with the terms and conditions, the Registrar of Banks (Relevant Authority) has granted written
approval for the Issuer Early Redemption Election of the NGL07 notes exercised by Nedbank Group.

JSE Code        ISIN                Capital redemption          Amount                Record date
                                    amount                      outstanding after
                                                                capital redemption
NGL07           ZAG000158254        R2 500,000,000.00           R0.00                 Monday, 8 April
                                                                                      2024


4 March 2024

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 04-03-2024 08:00:00
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