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FIRSTRAND BANK LIMITED - APETNC APETNQ APETCN - Receipt of Dividend Payment and Update to the Net Asset Value

Release Date: 18/11/2024 08:00
Code(s): APETNC APETNQ     PDF:  
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APETNC APETNQ APETCN - Receipt of Dividend Payment and Update to the Net Asset Value

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRTN
LEI: ZAYQDKTCATIXF9OQY690
Alpha code: APETNC ISIN: ZAE000291183
Alpha code: APETNQ ISIN: ZAE000291209
Alpha code: APETCN ISIN: ZAE000291183
(FRB)

RECEIPT OF DIVIDEND PAYMENT AND UPDATE TO THE NET ASSET VALUE

Holders of the APETNC, APETNQ and APETCN exchange-traded notes (ETNs) are advised that on Thursday, 14 November
2024, Apple Inc paid a dividend of $0.25 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 Thursday, 14 November 2024. 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 $0.25 /share
Effective tax rate 15.00%
Reinvestment amount $0.2125/share
Reinvestment price $228.22/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/

18 November 2024

Debt sponsor
FirstRand Bank Limited

NSX sponsor
Cirrus Securities (Pty) Ltd

Date: 18-11-2024 08:00:00
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