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THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited - Issue of new Equity Share Linked Note - SBEN08

Release Date: 19/09/2022 11:30
Code(s): SBEN08     PDF:  
Wrap Text
The Standard Bank of South Africa Limited - Issue of new Equity Share Linked Note - SBEN08

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SBEN08”

Stock Code: SBEN08
ISIN Code: ZAE000314498

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBEN08 Equity Share Linked Notes due
30 September 2022 - 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           ZAR80 000 000 000
Total notes issued
(including current issue)           ZAR71 494 744 247.61

Full Note details are as follows:
Issue Date:                         19 September 2022
Nominal Issued:                     ZAR39 219 578
Redemption Basis:                   Equity Share Linked
Issue Price:                        2038 ZA cents per Note
Number of Notes:                    1 924 415 Notes
Maturity Date:                      30 September 2022, subject
                                    to adjustments as detailed
                                    in the Pricing Supplement.
Business Day Convention:            Following Business Day
Last Date to Trade:                 20 September 2022
Record Date:                        23 September 2022, and if
                                    this day is not an Exchange
                                    Business Day, the Exchange
                                    Business Day immediately
                                    preceding this day.
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: 19 September 2022
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: 19-09-2022 11:30:00
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