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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