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NEDBANK GROUP LIMITED - Full Capital Redemption - NGT104

Release Date: 06/12/2024 09:00
Code(s): NGT104     PDF:  
Wrap Text
Full Capital Redemption - NGT104

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 – NGT104

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 (DMTN Programme) and sections D3 and D4
('Issuer Early Redemption Election') of the NGT104 Applicable Pricing Supplements (APSs) dated 20 June 2019
and 10 September 2019, investors are herewith advised of the early full capital redemption of NGT104
effective Wednesday, 15 January 2025.

In line with the terms and conditions of the DMTN Programme, APSs and the Banks Act and Regulations, the
Registrar of Banks has granted written approval for the early redemption of the NGT104 notes by Nedbank
Group.

JSE Code         ISIN               Capital redemption         Amount                Record date
                                    amount                     outstanding after
                                                               capital redemption
NGT104           ZAG000160441       R1 829,000,000.00          R0.00                 Tuesday, 14
                                                                                     January 2025

6 December 2024

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

Date: 06-12-2024 09:00:00
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