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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBRN62?

Release Date: 21/10/2024 10:05
Code(s): SBRN62     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SBRN62”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBRN62"

Stock Code: SBRN62
ISIN Code: ZAE000340691

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBRN62 Equity Index Linked Notes due
25 July 2029, - 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
(including current issue)           ZAR99 668 116 120.19

Full Note details are as follows:
Issue Date:                         22 October 2024
Nominal Issued:                     ZAR40 000 000.00
Redemption Basis:                   Equity Index Linked
Issue Price:                        100%
Number of Notes:                    40 000 Notes
Maturity Date:                      21 April 2028, subject to
                                    adjustments as detailed in
                                    the Pricing Supplement.
Business Day Convention:            Following Business Day
Last Date to Trade:                 10 April 2028, and if this
                                    day is not an Exchange
                                    Business Day, the Exchange
                                    Business Day immediately
                                    preceding that day.
Suspension Date:                    11 April 2028
Record Date:                        13 April 2028, and if such
                                    date is not an Exchange
                                    Business Day, the
                                    Exchange Business Day on
                                    which the Notes settles in
                                    accordance with the regular
                                    settlement cycle following
                                    the Last Date to Trade as
                                    the trade date.
Maturity / Delivery Date:           21 April 2028, subject to
                                    adjustment
De-Listing Date:                    24 April 2028
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: 21 October 2024
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: 21-10-2024 10:05:00
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