July 24, 2014 2:15 AM ET

Capital Markets

Company Overview of Rand Merchant Bank

Company Overview

Rand Merchant Bank provides merchant banking services. The company’s products and services include treasury trading, corporate finance, investment banking, private equity financing, project and infrastructure finance, financial engineering, structured finance, structured trade, and mining and natural resources. It was founded in 1977 and is based in Johannesburg, South Africa. Rand Merchant Bank operates as a subsidiary of FirstRand Bank Limited.

1 Merchant Place

Cnr Fredman Drive and Rivonia Road

Sandton

Johannesburg,  2196

South Africa

Founded in 1977

Phone:

27 11 282 8000

Fax:

27 11 282 8008

Key Executives for Rand Merchant Bank

Chief Executive Officer
Age: 52
Chief Financial Officer and Director
Age: 51
Chief Operating Officer and Director
Chief Executive Officer of Rand Merchant Bank Investment Banking
Executive Director
Age: 52
Compensation as of Fiscal Year 2014.

Rand Merchant Bank Key Developments

SABMiller To Sell Its Shareholding In Tsogo Sun Holdings

SABMiller plc (LSE:SAB) is planning to sell its 39.6% stake in Tsogo Sun Holdings Limited (JSE:TSH). SABMiller has completed its strategic review and has decided to dispose of up to all of its ordinary shares in Tsogo Sun through a fully marketed secondary placing of up to approximately 305 million ordinary shares of Tsogo Sun Holdings to selected South African and international institutional investors, and through a buy back by Tsogo Sun of at least approximately 130 million ordinary shares for an aggregate consideration of ZAR 2.8 billion. Alan Clark, Chief Executive Officer of SABMiller said, "The merger with Gold Reef Resorts in 2011, and the resultant listing on the JSE, has transformed Tsogo Sun. However, gaming and hotels are not core to our operations and we have concluded that the time is right for us to exit our investment through a transaction which is beneficial to shareholders of both SABMiller and Tsogo Sun and to reinvest the proceeds in our core growth businesses, including our African operations." SABMiller said that it will sell up to 305,015,346 existing ordinary shares of Tsogo Sun Holdings in the placing. SABMiller said, "The number of Placing Shares and the placing price (the "Placing Price") will be determined following a bookbuilding process. The Placing Shares are being offered to (i) selected institutional investors in South Africa and outside the United States in reliance on Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act") and (ii) Qualified Institutional Buyers in the United States as defined in Rule 144A under the Securities Act. Books are expected to open on or about July 14, 2014, and to close on or about July 18, 2014, with a trade date of July 21, 2014, and a settlement date of July 28, 2014. The final decision on the number of Placing Shares and the Placing Price is expected to be announced on or about July 18, 2014." SABMiller has appointed Citigroup Global Markets Limited, Morgan Stanley & Co. International plc and Rand Merchant Bank as Joint Global Coordinators and Bookrunners on the placing.

Rand Merchant Bank Presents at 6th Annual East Africa Trade & Commodity Finance Conference, May-22-2014 09:45 AM

Rand Merchant Bank Presents at 6th Annual East Africa Trade & Commodity Finance Conference, May-22-2014 09:45 AM. Venue: Windsor Golf Hotel & Country Club, Nairobi, Kenya. Speakers: Erik Viljoen, Global Markets, Structured Trade & Commodity Finance.

Rand Merchant Bank, Board Meeting, Jan 22, 2014

Rand Merchant Bank, Board Meeting, Jan 22, 2014. Agenda: To consider the issue on approval of the assessment results of the corporate governance state as of 01.01.2014.

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