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UBS AG - Final Redemption of Early Termination Event for UBS Autocallable Note linked to the SDGP Index

Release Date: 17/07/2024 07:30
Code(s): UBGPAC     PDF:  
Wrap Text
Final Redemption of Early Termination Event for UBS Autocallable Note linked to the SDGP Index

UBS AG, London Branch
("UBS AG" or the "Company")
(Incorporated and domiciled in Switzerland)
(Registration number: CHE-101.329.561)

ISIN:            ZAE000324489
Alpha code:      UBGPAC

Final Redemption of Early Termination Event for UBS Autocallable Note
linked to the SDGP Index (the "Notes")

UBS AG, as Issuers of the UBS Autocallable Note linked to the SDGP Index
(the "Notes") hereby notifies holders of an Early Termination event for the
above Autocallable Note which occurred on Observation Date Tuesday, 16 July
2024.

On Tuesday, 16 July 2024 (Observation Date), the conditions for early
exercise were met, therefore the abovementioned Note will automatically
exercise and terminate, and an Early Termination Amount will be paid in
respect of each Note of a nominal amount equal to the Calculation Amount.
The note will be suspended from trading effective Wednesday, 17 July 2024

Underlying and Level (on the Pricing Date):

Index          Initial Level    Contingent      Mandatory         Knock-In
                                Coupon Level    Early             Level
                                                Termination
                                                Level
Stoxx Global   2,628.73 (the    2,628.73        2,628.73          1,840.111
Select         Index Closing    (100% of the    (100% of the      (70% of the
Dividend 100   Level on the     Index Closing   Index Closing     Index Closing
Index          Pricing Date)    Level on the    Level on the      Level on the
(Bloomberg                      Pricing Date)   Pricing Date)     Pricing Date)
ticker: SDGP
Index)

Important information relating to the Early Termination and payment:

Rate of Interest:                                    16.50%
Contingent Interest Amount:                          16500 cents
Capital payment (Calculation Amount):                100000 cents
Total Cash Redemption Amount:                        116500 cents

Last Day to Trade:                                   Tuesday, 16 July 2024
Suspension Date:                                     Wednesday, 17 July 2024
Record Date:                                         Friday, 19 July 2024
Payment Date:                                        Monday, 22 July 2024
Autocall Early Termination Date:                     Tuesday, 23 July 2024

For further information kindly contact:
UBS KeyInvest South Africa
Tel.: +27 11 322 7129 / 7317
E-mail: keyinvestza@ubs.com
Web: http://keyinvest-za.ubs.com/products

Johannesburg
17 July 2024

Sponsor: UBS South Africa (Pty) Limited
Date: 17-07-2024 07:30:00
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