NITRO PROGRAMME (RF) LIMITED - NTPI - Notification of a Partial Capital Reduction of Listed Debt Securities and Interest Payments

NTPI - Notification of a Partial Capital Reduction of Listed Debt Securities and Interest Payments

Nitro Programme (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2018/453364/06)
Company code: NTPI
LEI: 3789009AE068A5525397
Bond Code: N8A25        ISIN: ZAG000211053
Bond Code: N8B30        ISIN: ZAG000211111
Bond Code: N8C30        ISIN: ZAG000211061
Bond Code: N8D30        ISIN: ZAG000211087
Bond Code: N8E30        ISIN: ZAG000211079
(Nitro Programme or the Issuer)


NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES AND INTEREST
PAYMENTS

NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the Terms and Conditions of Nitro Programme's ZAR 6 000 000 000.00 Asset
Backed Securities Programme dated 25 April 2019 (the Programme), noteholders are herewith advised
of the partial capital reduction of the N8A25 notes (the notes).

Bond Code:                      N8A25
ISIN:                           ZAG000211053
Amount before Reduction:        R400 000 000.00
Reduction Amount:               R164 230 000.00
Amount after Reduction:         R235 770 000.00
Record Date:                    19 March 2025
Effective and Pay Date:         20 March 2025

The partial capital reduction is due to the early redemption of the notes by the Issuer and is in line
with the terms and conditions set out in the Programme.


INTEREST PAYMENT NOTIFICATIONS

Noteholders are advised of the following interest payments due 20 March 2025:

Bond code:                      N8A25
ISIN:                           ZAG000211053
Coupon:                         8.463%
Interest amount due:            R9 830 991.78

Bond code:                      N8B30
ISIN:                           ZAG000211111
Coupon:                         8.983%
Interest amount due:            R36 783 539.18

Bond code:                      N8C30
ISIN:                           ZAG000211061
Coupon:                         9.863%
Interest amount due:            R2 864 323.29

Bond code:                      N8D30
ISIN:                           ZAG000211087
Coupon:                         10.943%
Interest amount due:            R2 860 170.41

Bond code:                      N8E30
ISIN:                           ZAG000211079
Coupon:                         11.913%
Interest amount due:            R2 075 799.45

Interest period:                4 December 2024 to 19 March 2025
Payment date:                   20 March 2025
Date Convention:                Modified Following Business Day



10 March 2025

Debt Sponsor
FirstRand Bank Limited

Date: 10-03-2025 08:20:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.