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New Financial Instrument Listing – BTNC14
Burstone Group Limited
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
(Registration Number 2008/011366/06)
Debt Company Code: BTNI
Bond code: BTNC14 ISIN: ZAG000229758
(“Burstone”)
New Financial Instrument Listing – BTNC14
The JSE Limited has granted a listing to Burstone under its ZAR 10,000,000,000 Domestic Medium Term
Note Programme on the Interest Rate Market with effect from 30 October 2026.
Debt security code: BTNC14
ISIN: ZAG000229758
Type of Debt Security: Floating Rate Notes
Nominal Issued: ZAR 700,000,000
Issue Price: 100%
Issue Date: 30 October 2026
Interest Commencement Date: 30 October 2026
Reference Rate: Compounded Daily ZARONIA
Margin: 80 basis points
Interest Determination Date: For purposes of the Applicable Pricing Supplement
(“APS”) and whilst the Reference Rate is
Compounded Daily ZARONIA, "Interest
Determination Date(s)" means the Business Day
that falls five Johannesburg Business Days prior to
each Interest Payment Date
Interest Payment Date: 30 April 2027 being the Redemption Date
Final Maturity Date/Redemption Date: 30 April 2027
Interest Period: Each period commencing on (and including) an
Interest Payment Date and ending on (but
excluding) the following Interest Payment Date,
provided that the first Interest Period will commence
on (and include) the Interest Commencement Date
and end on (but exclude) 30 April 2027 (as adjusted
in accordance with the Applicable Business Day
Convention)
Last Day to Register: By 17h00 on the Business Day immediately
preceding an Interest Payment Date or, if early
redemption occurs, one day prior to the actual
Redemption Date
Business Day Convention: Modified Following Business Day
Final Maturity Amount: ZAR 700,000,000
Status of Notes: Senior Unsecured
Summary of Additional Terms: The Pricing Supplement contains financial
covenants applicable in respect of the BTNC14
Notes. Investors should study the APS for full
details of the terms and conditions applicable to
these Notes
Additional Risk Factors: Prospective investors are to ensure that they have
read Annexure B (Additional Risk Factors Relating
to ZARONIA) of the APS prior to making any
investment decision
Programme Amount: ZAR10,000,000,000
Total Notes in issue under Programme ZAR2,070,000,000 Notes in issue after this
issuance
Dealer: Investec Bank Limited
Johannesburg
29 October 2026
Debt Sponsor: Investec Bank Limited
Date: 29/10/2026 08:00:00
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