THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited - Issue of Actively Managed Certificate AMC004

The Standard Bank of South Africa Limited - Issue of Actively Managed Certificate AMC004

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “AMC004”

Stock Code: AMC004
ISIN Code: ZAE000322020

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – AMC004 Actively Managed Certificates due
09 May 2033 - sponsored by The Standard Bank of South Africa
Limited (“the Issuer”) under its Structured Note Programme (“the
Programme”) dated 26 January 2021 which can be found on the
Issuer’s website.

Authorised Programme size           ZAR120 000 000 000
Total notes issued
(including current issue)           ZAR80 033 681 081.61

Full Note details are as follows:
Issue Date:                         16 May 2023
Nominal Issued:                     ZAR100 000 000

Redemption Basis:                   Linked to the actively
                                    managed Blue Horseshoe
                                    Equity Portfolio as the
                                    Reference Portfolio
                                    comprising at any time (i)
                                    long positions in shares
                                    which are listed on a
                                    Recognised Exchange
                                    (including but not limited
                                    to common stock,
                                    preference, and convertible
                                    preference shares, exchange
                                    traded shares, American
                                    Depository Receipts (ADRs)
                                    and Global Depository
                                    Receipts (GDRs) which
                                    represent equity rights
                                    according to the range of
                                    global individual exchange
                                    traded shares and stocks)
                                    (ii) long positions in
                                    participatory interests,
                                    units or shares in exchange
                                    traded funds (ETFs),
                                    exchange traded notes
                                    (ETNs), (iii) long
                           positions in Notes
                           (referencing fixed income
                           securities including bonds,
                           zero coupon bonds, floater
                           bonds, corporate bonds,
                           government bonds, municipal
                           bonds, inflation-linked
                           bonds, treasury inflation
                           protected securities
                           (TIPS), convertible bonds,
                           perpetual bonds, covered
                           bonds) By a process of
                           fundamental analysis, and
                           careful selection of
                           securities the Reference
                           Portfolio Manager,
                           BPBernstein will endeavour
                           to beat a benchmark of 60%
                           JSE All Share Index and 40%
                           of MSCI World Index,
                           provided that The absolute
                           weight of any single ETF
                           included in the Reference
                           Portfolio is limited to 7%
                           per ETF, and all ETFs
                           included in the Reference
                           Portfolio will not exceed
                           30% of the Reference
                           Portfolio Value of the
                           AMCs.
Issue Price:               100 000 ZA cents per Note
Number of Notes:           100 000 Notes
Declaration Date:          18 April 2033, subject to
                           Preceding Business Day
                           Convention.
Last Date to Trade:        03 May 2033, subject to
                           Preceding Business Day
                           Convention.
Suspension Date:           04 May 2033
Record Date:               06 May 2033
Maturity/Delivery Date:    09 May 2033, subject to
                           adjustments as detailed in
                           the Pricing Supplement.
De-Listing Date:           10 May 2033
Business Day Convention:   Preceding Business Day
Placement Agent:                   The Standard Bank of South
                                   Africa Limited

These Notes will be cash settled to holders of the AMCs on the
Maturity/Delivery Date specified above.

Additional Terms and Conditions: Investors must read the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific AMC issuance.

The AMCs will be deposited in the Central Securities
Depository (“CSD”) and settlement will take place
electronically in terms of JSE Rules.


Dated: 16 May 2023
Sponsor – The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 17-05-2023 08:30:00
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