COETNC COETNQ – Receipt of Dividend Payment and update of Net Asset Value – SENS




COETNC COETNQ – Receipt of Dividend Payment and update to the Net Asset Value

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRTN
Alpha code: COETNC ISIN: ZAE000291233
Alpha code: COETNQ ISIN: ZAE000291282


Holders of the COETNC and COETNQ exchange-traded notes (ETNs) are advised that on Friday, 01
April 2022, The Coca Cola Company paid a dividend of $0.44 per share. As per published guidance,
this dividend was synthetically reinvested, net of all taxes, charges and fees, for the ETNs at the US
closing price on Friday, 01 April 2022. The result of the synthetic dividend reinvestment is to increase
the fractional number of shares each ETN references and no distribution or payment will be made.

Dividend amount $0.44/share
Effective tax rate 15%
Reinvestment amount $0.374/share
Reinvestment price $62.87/share

The daily published net asset value (NAV) has already been updated to include the effect of the dividend
being paid, which can be viewed at:

NAV formulae for the instruments can be found at:

04 April 2022

Debt sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 04-04-2022 05:00:08
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