STANDARD BANK GROUP LIMITED - SBT206 - Redemption of ZAR 2,000,000,000 Subordinated Unsecured Tier 2 Notes

SBT206 - Redemption of ZAR 2,000,000,000 Subordinated Unsecured Tier 2 Notes

STANDARD BANK GROUP LIMITED (REGISTRATION NUMBER 1969/017128/06)
Stock Code: SBT206 - ISIN Code:   ZAG000165754

Redemption of ZAR 2,000,000,000 Subordinated Unsecured Tier 2 Notes issued on 30 January 2020 under the 
Standard Bank Group Limited's ZAR 50 000 000 000 Domestic Medium Term Note Programme dated 19 September 2019.

On 30 January 2020, Standard Bank Group Limited ("Standard Bank") issued ZAR 2,000,000,000 Subordinated 
Unsecured Tier 2 Notes (the "SBT206 Notes").

The SBT206 Notes are subject to the terms and conditions contained in the Programme Memorandum dated 
19 September 2019 (the "Programme Memorandum") as read together with the Applicable Pricing Supplement
issued in respect of the SBT206 Notes dated 27 January 2020 (the "Applicable Pricing Supplement").

In terms of the Applicable Pricing Supplement, the maturity date of the SBT206 Notes is 31 January 2030, 
unless redeemed early at the option of Standard Bank on 31 January 2025, subject to the prior written 
approval of the Prudential Authority.

Pursuant to Condition 34 of the Applicable Pricing Supplement and having obtained the requisite prior written 
approval from the Prudential Authority, Standard Bank hereby gives notice that it shall redeem the SBT206 
Notes on 31 January 2025 at 100% of the aggregate nominal amount thereof, together with any interest accrued 
thereon up until that date.

Last Day to Register     By 17h00 on Monday, 20 January 2025
Books Closed             Tuesday, 21 January 2025
Payment Day              Friday, 31 January 2025


Dated 9 December 2024

For further information contact:
Standard Bank
Jan Brits
Email: jan.brits2@standardbank.co.za

Debt Sponsor: Standard Bank

Date: 09-12-2024 07:05:00
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