AFRISTRAT INVESTMENT HOLDINGS LIMITED Incorporated in the Republic of South Africa Registration number: 1998/013215/06
JSE Code: ATI - ISIN: ZAE000287587 Debt Issuer Code: ATID
Hybrid Issuer Code: ATIG ("Afristrat" or "the Company")
Notes | Series number | JSE Code | ISIN |
Fixed Rate Notes | 4 | ATIFX4 | ZAE000288916 |
5 | ATIFX5 | ZAE000288932 | |
6 | ATIFX6 | ZAE000288957 | |
7 | ATIFX7 | ZAE000305454 | |
8 | ATIFX8 | ZAE000305934 | |
9 | ATIFX9 | ZAE000305926 | |
Floating Rate Notes | 2 | ATIFL2 | ZAE000288973 |
Zero Coupon Notes | 2 | ATIZR2 | ZAE000288999 |
3 | ATIZR3 | ZAE000305462 |
Monthly interest declaration and finalisation announcement
Holders of Notes issued by the Company in terms of its ZAR10,000,000,000 Domestic Medium Term Note Programme are hereby advised that the interest per Note amount, to be paid on Monday, 16 May 2022, has been finalised.
Notice is given of the declaration of the following interest in respect of the period commencing on Monday, 11 April 2022 and ending on the date that the Notes start trading ex-interest, being Wednesday, 11 May 2022 in respect of:
• Series 4 Fixed Rate Notes, an interest rate of 9%;
• Series 5 Fixed Rate Notes, an interest rate of 10%;
• Series 6 Fixed Rate Notes, an interest rate of 12%;
• Series 7 Fixed Rate Notes, an interest rate of 9%;
• Series 8 Fixed Rate Notes, an interest rate of 10%;
• Series 9 Fixed Rate Notes, an interest rate of 12% and
• Series 2 Floating Rate Notes, an interest rate of 9.25% (being the prime rate plus 1.5%).
Relevant dates in relation to this interest payment are set out below: | |
Last day to trade to appear in the register on Record Date | Tuesday, 10 May 2022 |
Notes start trading ex-interest | Wednesday, 11 May 2022 |
Record Date | Friday, 13 May 2022 |
Payment Date | Monday, 16 May 2022 |
In terms of the Debt Listings Requirements of the JSE, the following additional information is provided:
1. The interest is paid from income reserves.
2. The Company shall be entitled to an administration fee of 0.25% per annum on the Initial Issue Price, inclusive of VAT, payable monthly in arrears on the Monthly Interest Payment Dates.
3. The administration fee is subject to the Value-Added Tax Act of 1991. The Company has the right to recover the monthly administration fee, from the monthly Note interest (plus the applicable VAT thereon).
4. The Company's income tax number is 9235/264/84/4.
5.
At the date hereof, the Company has issued the following Notes:
• Fixed Rate Notes: An aggregate nominal amount of R124 133 300 (comprising R330 000 issued in terms of Series 4; R13 013 300 issued in terms of Series 5, R29 713 800 issued in terms of Series 6, R32 018 000 issued in terms of Series 7, R20 608 200 issued in terms of Series 8 and R28 450 000 issued in terms of Series 9);
• Floating Rate Notes: An aggregate nominal amount of R23 171 600 (comprising R23 171 600 issued in terms of Series 2); and
• Zero Coupon Notes: An aggregate nominal amount of R21 176 100 (comprising R20 433 500 issued in terms of Series 2 and R742 600 issued in terms of Series 3).
Fixed Rate Notes:
Interest per Note (cents per Note) Gross distributable amount to Noteholders
Less: Administration fee of 0.25% of the initial Issue Price (as set out in the relevant Applicable Pricing Supplements) per annum inclusive of VAT to be withheld by the Company
Net distribution amount to Noteholders
Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 |
71.50685 | 79.45205 | 95.34247 | 71.50685 | 79.45205 | 95.34247 |
(1.98630) | (1.98630) | (1.98630) | (1.98630) | (1.98630) | (1.98630) |
69.52055 | 77.46575 | 93.35617 | 69.52055 | 77.46575 | 93.35617 |
Floating Rate Notes:
Series 2
Interest per Note (cents per Note)
73.49315
Gross distributable amount to Noteholders
Less: Administration fee of 0.25% of the initial Issue Price (as set out in the relevant Applicable Pricing Supplements) per annum inclusive of VAT to be withheld by the Company
(1.98630)
Net distribution amount to Noteholders
71.50685
The Company may issue additional Series 4, 5, 6, 7, 8 and/or 9 Fixed Rate and/or Series 2 Floating Rate Notes prior to the last day to trade date.
For more information about this announcement or the Afristrat group, email
investor.relations@afristrat.ltd or visithttps://wp.me/P9idbT-b.
22 April 2022
Pretoria
Sponsor Merchantec Capital
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Afristrat Investment Holdings Ltd. published this content on 22 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 April 2022 09:27:05 UTC.