FIRSTRAND BANK LIMITED - DCCUSD - Dollar Custodial Certificates Distribution and Correction Announcement

DCCUSD - Dollar Custodial Certificates Distribution and Correction Announcement

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
LEI: ZAYQDKTCATIXF9OQY690
Alpha code: DCCUSD
ISIN: ZAE000234977
(FRB or the Issuer)

DOLLAR CUSTODIAL CERTIFICATES DISTRIBUTION AND CORRECTION ANNOUNCEMENT

DOLLAR CUSTODIAL CERTIFICATES DISTRIBUTION

Notice is hereby given that FRB will pay a cash distribution to the holders of the dollar custodial certificates
(DCCUSD) listed on the exchange traded funds sector of the JSE Limited, in accordance with clause 12 of
the Offering Circular dated 6 January 2017, as per the table below.

 Alpha Code: DCCUSD                                          Interest      Total
 Distribution Source type                                    Local
 Net Distribution Reinvested                                 No
 Source of Funds (Country Code)                              ZA
 Subject to Foreign Withholding tax                          No
 Gross Foreign Rate (cents per unit)
 Foreign Tax % withheld at source
 Foreign Tax amount per unit
 DTA with Source Country
 Foreign Tax Reclaim %
 Portfolio/Management Cost
 Interest Expense
 Other costs
 Gross ZA Distribution (Cents per unit)                      1085.00000     1085.00000
 Gross Local Rate (cents per unit)                           1085.00000     1085.00000
 SA Withholding Tax %
 SA Withholding Tax amount per unit
 Local Net Rate                                              1085.00000     1085.00000

For purposes of clarity, kindly note that the distribution will be marked as interest in accordance with the
JSE’s payment infrastructure. Investors are advised that no lending relationship exists between themselves
and the Issuer.

The salient dates for the payment will be as follows:

Last day to trade to receive the payment                                        Tuesday, 7 December 2021
Shares commence trading “ex” the payment on                                   Wednesday, 8 December 2021
Record date                                                                     Friday, 10 December 2021
Payment date                                                                    Monday, 13 December 2021

The DCCUSD certificates may not be dematerialised or rematerialised between Wednesday, 8 December
2021 and Friday, 10 December 2021, both days inclusive.

Local dividend tax of 20% is not applicable to the payment amount.

The payment has been calculated with reference to interest paid by FRB.

FRB had 135 000 DCCUSD units in issue as at the date of receipt of the income on the underlying asset.
CORRECTION ANNOUNCEMENT

Holders of the DCCUSD units are referred to the announcement released on SENS on 20 May 2021, in
relation to a distribution on the DCCUSD units (“May Distribution Announcement”). The Issuer wishes to
notify the holders of the DCCUSD units that the Source of Funds (Country Code) included in the May
Distrubution Announcement was incorrect. The correct Source of Funds (Country Code) for the May
Distribution Announcement is ZA.


Sandton
23 November 2021

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 23-11-2021 03:30:00
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