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THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited-New Listing of AMC008-Anchor Equity Opportunity AMC

Release Date: 31/08/2023 08:45
Code(s): AMC008     PDF:  
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The Standard Bank of South Africa Limited-New Listing of AMC008-Anchor Equity Opportunity AMC

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “AMC008”

Stock Code: AMC008
ISIN Code: ZAE000325908

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – AMC008 Actively Managed Certificates due
31 August 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                  ZAR79 513 941 025.42

Full Note details are as follows:
Issue Date:                         31 August 2023
Nominal Issued:                     ZAR100 000 000
Redemption Basis:                   Linked to the actively
                                    managed Anchor Equity
                                    Opportunity Reference
                                    Portfolio which may at any
                                    time comprise long and
                                    short positions in shares,
                                    exchange traded funds
                                    (ETFs) and Exchange Traded
                                    Notes (ETNs) which are
                                    listed on (i) any
                                    Recognised Exchange located
                                    in (i) the United States of
                                    America, (ii) Canada, (iii)
                                    The Netherlands, (iv)
                                    Federal Republic of Germany
                                    (v) The London Stock
                                    Exchange, (vi) The
                                    Australian Stock Exchange,
                                    and (vii) The Johannesburg
                                    Stock Exchange. The
                                    investment objective of the
                                    Reference Portfolio
                                    Manager, Anchor Capital, is
                                    to provide a high return
                                    with a low to moderate
                                    level of volatility. The
                                    long-term investment
                                    objectives are to be
                                    achieved by consistent
                                    absolute returns by
                                    utilising long and short
                                    equity positions and listed
                                  derivatives, subject to the
                                  JSE Listings Requirements.
                                  This set of AMCs is
                                  suitable for long term
                                  investors, targeting
                                  capital growth through
                                  investment in global equity
                                  assets, but wish to invest
                                  and retain the investment
                                  denominated in South Africa
                                  Rand (ZAR). Holders of
                                  this set of AMCs must be
                                  willing to tolerate a
                                  potentially higher level of
                                  volatility and must have an
                                  investment time horizon of
                                  five years or longer. The
                                  Reference Components of
                                  this set of AMCs typically
                                  exhibit more volatility
                                  given their high exposure
                                  to the equity markets,
                                  which may result in capital
                                  losses.
Issue Price:                      100 000 ZA cents per Note
Number of Notes:                  100 000 Notes
Declaration Date:                 09 August 2033, subject to
                                  Preceding Business Day
                                  Convention.
Last Date to Trade:               23 August 2033, subject to
                                  Preceding Business Day
                                  Convention.
Suspension Date:                  24 August 2033
Record Date:                      26 August 2033
Maturity Date:                    31 August 2033, subject to
                                  adjustments as detailed in
                                  the Pricing Supplement.
De-Listing Date:                  01 September 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 Date specified above.

Additional Terms and Conditions: Prospective holders of these
AMCs must read the Pricing Supplement for full details of the
specific terms and conditions applicable to this specific set
of AMCs.
The AMCs will be deposited in the Central Securities
Depository (“CSD”) and settlement will take place
electronically in terms of JSE Rules.


Dated: 31 August 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: 31-08-2023 08:45:00
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