THE STANDARD BANK OF SOUTH AFRICA LIMITED - SCIB: The Standard Bank Of South Africa - AGL warrants special divi terms adjustment

SCIB: The Standard Bank Of South Africa - AGL warrants special divi terms adjustment

The Standard Bank of South Africa Limited

2021/03/15

ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD
BANK BHP GROUP WARRANTS

Following the ANGLO AMERICAN PLC (“AGL”) announcement of a special
dividend of 749.885c.

Following this announcement, notice is hereby given that the terms of the AGL
warrants will be adjusted to place the warrant holders in the same financial position.
The terms of the warrants shall be determined at the close of business on 15th March
2022.

The following warrants will be affected by this corporate action:

Existing Terms
                                                  Conversion
       ISIN         JSE Code Exercise Price                          Expiry     Exercise Style
                                                    Ratio
  ZAE000299426       AGLSBH        R630.00            220           07-Jun-22   American Call
  ZAE000295630        AGLSBI       R840.00            280           04-Oct-22   American Call
  ZAE000296919       AGLSBU        R550.00            280           07-Sep-22   American Call
  ZAE000295788       AGLSBV        R725.00            350           04-Oct-22   European Put

New Terms

                                                  Conversion
       ISIN         JSE Code Exercise Price                          Expiry     Exercise Style
                                                    Ratio
  ZAE000299426       AGLSBH        R623.25          217.64          07-Jun-22   American Call
  ZAE000295630        AGLSBI       R831.00          277.00          04-Oct-22   American Call
  ZAE000296919       AGLSBU        R544.11          277.00          07-Sep-22   American Call
  ZAE000295788       AGLSBV        R717.23          346.25          04-Oct-22   European Put




The Effective Date of the adjustment shall be 16th March 2022.


This Notice together with the Common Terms Document and Conditions Annexure
record the terms and conditions of the agreement between the Parties. Any terms
used in this Notice which are defined in the Common Terms Document, Conditions
Annexure and the relevant Supplements shall bear the meaning ascribed to them
therein, unless specifically stated otherwise herein. Other than as set out herein, the
terms and conditions set out in the Common Terms Document, Conditions Annexure
and relevant Supplements remain unchanged and in full force and effect.
Please note that Share Instalments are subject to selling restrictions and prospective
purchases are referred to the relevant Conditions Annexure for details of such
restrictions.

For further information contact:
Standard Bank
Warrants
Tel 0800 111 780
Email: derivatives@standardbank.co.za
Issuer: The Standard Bank of South Africa Limited
Sponsor: SBG Securities (Pty) Ltd
(A subsidiary of the Standard Bank Group Limited)
(Incorporated in the Republic of South Africa, 13 March 1962, Registration number
1972/008305/07)

Date: 16-03-2022 08:30:00
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