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FIRSTRAND BANK LIMITED - ALETNC ALETCN ALETNQ - Receipt of Dividend Payment and Update to the Net Asset Value

Release Date: 17/12/2024 17:45
Code(s): ALETNC ALETNQ     PDF:  
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ALETNC ALETCN ALETNQ -  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: ALETNC ISIN: ZAE000291191
Alpha code: ALETCN ISIN: ZAE000291191
Alpha code: ALETNQ ISIN: ZAE000291217
(FRB)

RECEIPT OF DIVIDEND PAYMENT AND UPDATE TO THE NET ASSET VALUE

Holders of the ALETNC, ALETCN and ALETNQ exchange-traded notes (ETNs) are advised that on Monday, 16 December
2024, Alphabet Inc paid a dividend of $0.20 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 Monday, 16 December 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 $0.20/share
Effective tax rate 15.00%
Reinvestment amount $0.17/share
Reinvestment price $196.66/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/

17 December 2024

JSE Debt sponsor
FirstRand Bank Limited

NSX Debt sponsor
Cirrus Securities (Pty) Ltd

Date: 17-12-2024 05:45:00
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