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FIRSTRAND LIMITED - Renewal of cautionary announcement relating to the repurchase of Firstrands B preference shares

Release Date: 31/05/2022 07:06
Code(s): FSR FSRP     PDF:  
Wrap Text
Renewal of cautionary announcement relating to the repurchase of Firstrand’s B preference shares

FIRSTRAND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/010753/06)
JSE ordinary share code: FSR; ISIN code: ZAE000066304
JSE B preference share code: FSRP; ISIN code: ZAE000060141
NSX ordinary share code: FST
LEI: 529900XYOP8CUZU7R671
(FirstRand or the group)

RENEWAL OF CAUTIONARY ANNOUNCEMENT RELATING TO THE REPURCHASE OF FIRSTRAND’S B
PREFERENCE SHARES

FirstRand shareholders are referred to the cautionary announcements released on the Stock Exchange News
Service (SENS) on 2 March 2022 and on 13 April 2022 advising that the group is considering making an offer to
all holders of FirstRand’s B variable rate non-cumulative non-redeemable preference shares (the preference
shares) to repurchase the preference shares, subject to relevant shareholder and regulatory approvals.

The group is still assessing the optimal process to implement the repurchase. Shareholders are therefore advised
to continue to exercise caution when dealing in the preference shares until a further announcement is made.

The FirstRand board of directors collectively and individually accept responsibility for the information contained in
this announcement and certify that, to the best of their knowledge and belief, the information contained in this
announcement relating to FirstRand is true and this announcement does not omit anything that is likely to affect
the importance of such information.

Sandton
31 May 2022

Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 31-05-2022 07:06:00
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