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SUPER GROUP LIMITED — Capital/Financing Update 2026
Mar 20, 2026
48829_rns_2026-03-20_90c437f3-70a8-4561-9bbc-8b0ce4078619.pdf
Capital/Financing Update
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Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1943/016107/06)
Equity share code: SPG
Equity ISIN: ZAE000161832
Debt company code: BISGL
LEI: 378900A8FDADE26AD654
Bond code: SPG018 ISIN: ZAG000223892
Bond code: SPG019 ISIN: ZAG000223900
("Super Group" or the "Issuer")
NEW FINANCIAL INSTRUMENTS LISTING – SPG018 and SPG019
Super Group is pleased to announce that it has raised a total of R750 million in terms of its Domestic Medium Term Note Programme dated 29 April 2020 (the "Programme"), as guaranteed by Super Group Holdings Proprietary Limited, Super Group Trading Proprietary Limited, Super Group Africa Proprietary Limited and Bluefin Investments Limited. In an auction held on 18 March 2026, bids of R3 315 million were received in total for the three and a half- and five-year tranches and priced 10 bps and 7 bps below pricing guidance, respectively. The funds raised will be used for general corporate purposes.
The JSE Limited has granted the listings of Super Group's SPG018 and SPG019 floating rate notes, in terms of its Programme, effective 23 March 2026.
| Stock code: | SPG018 | SPG019 |
|---|---|---|
| ISIN: | ZAG000223892 | ZAG000223900 |
| Interest Payment Basis: | Floating rate notes | Floating rate notes |
| Nominal issued: | R200,000,000.00 | R550,000,000.00 |
| Issue date: | 23 March 2026 | 23 March 2026 |
| Reference Rate: | Compounded Daily ZARONIA (as defined in, and determined in accordance with the provisions of paragraph 1 of Schedule 1 of the Applicable Pricing Supplement dated 18 March 2026 (“APS”) (Screen Rate Determination for Floating Rate Notes Referencing Compounded Daily ZARONIA (Lookback Without Observation Shift))) | Compounded Daily ZARONIA (as defined in, and determined in accordance with the provisions of paragraph 1 of Schedule 1 of the Applicable Pricing Supplement dated 18 March 2026 (“APS”) (Screen Rate Determination for Floating Rate Notes Referencing Compounded Daily ZARONIA (Lookback Without Observation Shift)))) |
| Margin: | 100 basis points per annum to be added to the Reference Rate | 118 basis points per annum to be added to the Reference Rate |
| Interest commencement date: | 23 March 2026 | 23 March 2026 |
| Interest determination date(s): | The 5th (fifth) Johannesburg Business Day (as defined in paragraph 1 of Schedule 1 of the APS (Screen Rate Determination for Floating Rate Notes Referencing | The 5th (fifth) Johannesburg Business Day (as defined in paragraph 1 of Schedule 1 of the APS (Screen Rate Determination for Floating Rate Notes Referencing |
| ZARONIA)) prior to each Interest Payment Date | ZARONIA)) prior to each Interest Payment Date | |
|---|---|---|
| Interest payment date(s): | 23 June, 23 September, 23 December and 23 March of each year until the Maturity Date, with the first Floating Interest Payment Date being 23 June 2026, or, if such day is not a Business Day, the Business Day on which interest will be paid, as determined in accordance with the Applicable Business Day Convention (as specified in the APS) | 23 June, 23 September, 23 December and 23 March of each year until the Maturity Date, with the first Floating Interest Payment Date being 23 June 2026, or, if such day is not a Business Day, the Business Day on which interest will be paid, as determined in accordance with the Applicable Business Day Convention (as specified in this APS) |
| Last day to register: | By 17h00 on 17 June, 17 September, 17 December, and 17 March, of each year until the Maturity Date, or if any early redemption occurs, 6 days prior to the actual Redemption Date, or if such day is not a Business Day, the Business Day before each Books Closed Period | By 17h00 on 17 June, 17 September, 17 December, and 17 March, of each year until the Maturity Date, or if any early redemption occurs, 6 days prior to the actual Redemption Date, or if such day is not a Business Day, the Business Day before each Books Closed Period |
| Books close: | The Register will be closed from 18 June to 22 June, 18 September to 22 September, 18 December to 22 December and 18 March to 22 March (all dates inclusive) of each year until the Maturity Date, or if any early redemption occurs, 5 days prior to the actual Redemption Date | The Register will be closed from 18 June to 22 June, 18 September to 22 September, 18 December to 22 December and 18 March to 22 March (all dates inclusive) of each year until the Maturity Date, or if any early redemption occurs, 5 days prior to the actual Redemption Date |
| Business day convention: | Modified following business day | Modified following business day |
| Maturity date: | 23 September 2029 | 23 March 2031 |
| Final redemption amount: | 100% of the Aggregate Nominal Amount | 100% of the Aggregate Nominal Amount |
| Other: | For more information see Schedule 1 of the APS headed “Additional Terms and Conditions” relating to the Notes and Schedule 2 “Additional Risk Factors Relating to ZARONIA”. | For more information see Schedule 1 of the APS headed “Additional Terms and Conditions” relating to the Notes and Schedule 2 “Additional Risk Factors Relating to ZARONIA”. |
| Additional Risk Factors: | The Risk Factors set out in Schedule 2 of the APS headed “Additional Risk Factors | The Risk Factors set out in Schedule 2 of the APS headed “Additional Risk Factors |
| Relating to ZARONIA” of the APS apply to the Tranche of Notes to which the APS applies. Prospective investors are to ensure that they have read Schedule 2 headed “Additional Risk Factors Relating to ZARONIA” as well as the detailed information set out in the Programme Memorandum, read with the Information Statement, to reach their own views prior to making any investment decision. | Relating to ZARONIA” of the APS apply to the Tranche of Notes to which the APS applies. Prospective investors are to ensure that they have read Schedule 2 headed “Additional Risk Factors Relating to ZARONIA” as well as the detailed information set out in the Programme Memorandum, read with the Information Statement, to reach their own views prior to making any investment decision. | |
|---|---|---|
| Programme amount: | ZAR7,500,000,000 | ZAR7,500,000,000 |
| Total notes in issue under programme: | ZAR2,110,000,000 exclusive of these issuances | ZAR2,110,000,000 exclusive of these issuances |
| Dealer: | Rand Merchant Bank, a division of First Rand Bank Limited | Rand Merchant Bank, a division of First Rand Bank Limited |
Super Group is delighted to issue the inaugural listed ZARONIA-linked corporate bond in the market, aligning Super Group’s funding strategy with the new benchmark rate, and marking an important milestone in South Africa’s transition away from JIBAR.
Sandton
20 March 2026
Sponsor: Investec Bank Limited
Debt sponsor: Questco Proprietary Limited