The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - “SBRN21”
The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - "SBRN21"
Stock Code: SBRN21
ISIN Code: ZAE000308102
Final Redemption with Election
Holders of the listed SBRN21 Index Linked Notes ("the Notes")
which are redeeming on 18 August 2025 are reminded that:
Valuation Date: Monday, 11 August 2025
Valuation Rate Announcement by 11:00: Tuesday, 12 August 2025
Last Date to Trade: Tuesday, 12 August 2025
Suspension Date: Tuesday, 12 August 2025
Valuation Time: The time the Index Level
is published on the
Valuation Date
Closing date for elections by 12:00: Friday, 15 August 2025
Record Date: Friday, 15 August 2025
Maturity Date (Delivery/Payment): Monday, 18 August 2025
De-Listing Date: Tuesday,19 August 2025
Before or latest on Friday, 15 August 2025 ("the Closing Date
for Elections"), holders of the Notes must elect which one of
the options below they wish to follow. Holders of the Notes may
either contact their financial advisors and request their
financial advisors to inform Standard Bank through their
standing communication channels about their clients' elections
or the holders may elect themselves digitally via their broker's
CSDP which of the following options they wish to follow:
1. The holders are hereby notified that due to Valuation Date
being on Monday, 11 August 2025, SBRN21 is suspended from
today, Tuesday, 12 August 2025.
2. Option 1: A holder of the Notes may elect to receive
delivery of the SYGUK: ZAE000249520 ETFs which the relevant
holder bought on the Trade Date of the Notes adjusted to
be equal to the redemption value of the Notes. The SYGUK:
ZAE000249520 ETFs will be delivered to such holder on
18 August 2025 ("the Maturity Date").
3. Option 2: A holder of the Notes may elect 1) not to receive
delivery of the SYGUK: ZAE000249520 ETFs on the Maturity
Date (that is, not to follow Option 1), but may elect to
rather instruct Standard Bank to sell the SYGUK:
ZAE000249520 ETFs on behalf of the holder of the Notes and
pay the redemption amount of such sale of the SYGUK:
ZAE000249520 ETFs to the holder of the Notes on
18 August 2025 ("the Maturity Date") to the account of the
holder.
4. If Standard Bank receives no notice from either the
holder's Independent Financial Advisor or the holder does
not digitally elect before or on 08 August 2025 Option 1
or Option 2 Standard Bank will assume that the holder had
elected Option 2 (which is the default election) that is,
that the holder had instructed Standard Bank to sell the
SYGUK: ZAE000249520 ETFs on behalf of such holder and make
payment of the proceeds of the sale of such SYGUK:
ZAE000249520 ETFs to the account of such holder on
18 August 2025 ("the Maturity Date").
After the delivery of the SYGUK: ZAE000249520 ETFs (Option
1) or payment of the sale proceeds of the SYGUK:
ZAE000249520 ETFs (Option 2) on 18 August 2025, the Notes
(SBRN21) will be de-listed from the JSE.
Dated: 22 July 2025
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: 23-07-2025 08:00:00
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