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FIRSTRAND BANK LIMITED - FRB31 - Notification of a Full Capital Reduction of Listed Debt Securities

Release Date: 23/10/2026 08:00
Code(s): FRB31     PDF:  
Wrap Text
FRB31 - Notification of a Full Capital Reduction of Listed Debt Securities 

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
Registration number: 1929/001225/06
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRB31        ISIN: ZAG000181520
(FRB)

NOTIFICATION OF A FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the terms and conditions of FRB’s domestic medium term note (DMTN) programme dated 13 April 2021, as
amended or supplemented from time to time, noteholders are herewith advised of a full capital reduction of the FRB31 Tier 2 notes
(the notes).

Bond code:                                                                    FRB31
ISIN:                                                                         ZAG000181520
Nominal amount before reduction:                                              R2 500 000 000.00
Reduction in nominal amount:                                                  R2 500 000 000.00
Nominal amount after reduction:                                               R0.00
Settlement/redemption amount:                                                 R2 500 000 000.00

Record date:                                                                  23 November 2026
Pay date/early redemption date:                                               24 November 2026

This reduction is due to the early redemption of the notes by FRB in accordance with the terms and conditions of the notes.

23 October 2026

Debt sponsor
FirstRand Bank Limited
Date: 23/10/2026 08:00:00
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