VILLA WORLD LIMITED Notification of interest payment & interest rate change
Announcement Summary
Entity name
VILLA WORLD LIMITED.
Security on which the Interest Payment will be paid
VLWHA - SIMPLE BOND 3-BBSW+4.75% 21-04-22
Announcement Type
New announcement
Date of this announcement
Monday October 23, 2017
Interest Payment Amount
AUD 1.6258
Ex Date
Thursday January 11, 2018
Record Date
Friday January 12, 2018
Payment Date
Monday January 22, 2018
Refer to below for full details of the announcement
Announcement Details
Part 1 - Entity and announcement details
Name of +Entity
VILLA WORLD LIMITED.
Registered Number Type
ABN
98723979296
Registration Number
ASX issuer code
VLW
The announcement is
New announcement
Date of this announcement
Monday October 23, 2017
ASX +Security Code for Interest Payment
VLWHA
ASX +Security Description
SIMPLE BOND 3-BBSW+4.75% 21-04-22
Part 2A - Interest period dates and interest payment details
Interest Rate Calendar Type
Rule 7(2), 7 calendar day
2A.1 Payment date
Monday January 22, 2018
2A.3 Ex-Date
Thursday January 11, 2018
2A.5 Last day of payment period
Saturday January 20, 2018
2A.7 Interest rate expressed as a per annum rate
6.450000 %
2A.9 Currency in which the interest payment is made ("primary currency")
AUD - Australian Dollar
2A.10 Interest payment amount per +security
AUD 1.62580000
2A.2 +Record Date
Friday January 12, 2018
2A.4 First day of payment period
Saturday October 21, 2017
2A.6 Number of days in the payment period
92
2A.8 Interest rate pro-rated for the number of days in the payment period
1.625800 %
2A.10(i) Comment on how the interest payment amount per security is calculated
Interest rate pro-rated for the number of days in the payment period (2A.8 above) multiplied by $100 (being the issue price per bond) and rounded to the nearest four decimal places.
2A.11 Are any of the below approvals required for the interest payment before business day 0 of the timetable?
Security holder approval Court approval
Lodgement of court order with +ASIC ACCC approval
FIRB approval
Another approval/condition external to the entity required before business day 0 of the timetable for the interest payment.
No
2A.12 Is the interest payment franked?
No
2A.13 Is the interest payment payable in the form of +securities rather than cash?
No
2A.14 Does the entity have arrangements relating to currency in which the interest payment is paid to security holders that it wishes to disclose to the market?
No
2A.15 Is there a principal amount payment component payable?
No
Part 3 - Floating rate +securities - details of interest rate applicable to the payment notified in Part 2A
Date interest rate is set
Monday October 23, 2017
Comments on how the date that interest rate is set is determined
The date the interest rate is set is the first day of the interest period or the next business day after the first day of the interest period if the first day is not a business day. This method is consistent with the definition of Base Rate in the Base Prospectus.
Interest base rate
1.7000 %
Comments on how interest base rate is set
3 month BBSW mid-rate as released by the ASX on the date interest rate is set (see 3.1 above).
Interest margin
4.7500 %
Comments on how interest margin is set
The interest margin is as per the definition of Margin in the Offer Specific Prospectus.
Any other rate/multiplier used in calculating interest rate
%
Comments on how other rate used in calculating interest rate is set
Total interest rate expressed as a per annum rate
6.4500 %
Comment on how the total interest rate expressed as a per annum rate is set
Aggregate of interest base rate (see 3.3 above) and interest margin (see 3.5 above).
Part 4 - Further information
Please provide any further information applicable to this payment
URL link to a copy of the prospectus/PDS or further information about the +security
http://www.villaworld.com.au/investor-centre/shareholder/bonds-offer
Additional information for inclusion in the Announcement Summary
Villa World Limited published this content on 23 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 October 2017 03:01:17 UTC.
Original documenthttp://www.villaworld.com.au/sites/default/files/ASX_Announcements/Appendix 3A.2 Interest Payment - VLWHA.pdf
Public permalinkhttp://www.publicnow.com/view/058A85C0B2FF1F87DF7ADD23DBAABE59685A7DAE
