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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBRN18?

Release Date: 15/12/2021 08:57
Code(s): SBRN18     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SBRN18”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SBRN18”

Stock Code: SBRN18
ISIN Code: ZAE000305884

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBRN18 Equity Index Linked Notes due
17 December 2026 - sponsored by The Standard Bank of South Africa
Limited (“the Issuer”) under its Structured Note Programme (“the
Programme”)which can be found on the Issuer’s website.

Authorised Programme size           ZAR80,000,000,000
Total notes issued
(including current issue)           ZAR62,667,435,397.61

Full Note details are as follows:
Issue Date:                         17 December 2021
Nominal Issued:                     ZAR22,105,000
Redemption Basis:                   Equity Index Linked
Issue Price:                        500 000 ZA cents per Note
Number of Notes:                    4,421 Notes
First Partial Redemption Date:      19 June 2023
Second Partial Redemption Date:     17 June 2025
Maturity Date:                      17 December 2026, subject
                                    to adjustments as detailed
                                    in the Pricing Supplement.
Business Day Convention:            Following Business Day
Record Dates:
RD for First Partial Redemption:    15 June 2023.
RD for Second Partial Redemption:   13 June 2025.
RD for Final Maturity:              08 December 2026, and if
                                    any of these dates is not
                                    an Exchange Business Day,
                                    the Exchange Business Day
                                    immediately preceding the
                                    relevant date.
Placement Agent:                    The Standard Bank of South
                                    Africa Limited

Additional Terms and Conditions: Investors should study the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific Note issuance.

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


Dated: 15 December 2021
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: 15-12-2021 08:57:00
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