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THE STANDARD BANK OF SOUTH AFRICA LIMITED - SCIB: The Standard Bank Of South Africa - AMS warrants terms amendment

Release Date: 09/03/2022 08:30
Code(s): AMSSBA AMSSBO     PDF:  
Wrap Text
SCIB: The Standard Bank Of South Africa - AMS warrants terms amendment

The Standard Bank of South Africa Limited

2022/03/08

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

Following the ANGLO AMERICAN PLATINUM LTD (“AMS”) announcement of a
special dividend of 7600.00.

Following this announcement, notice is hereby given that the terms of the AMS
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 8th March
2022.

The following warrants will be affected by this corporate action:

Existing Terms
                                           Conversion                  Exercise
    ISIN       JSE Code Exercise Price                      Expiry
                                             Ratio                      Style
ZAE000305132 AMSSBA         R1,950.00          900         07-Sep-22 American Call
ZAE000302469 AMSSBO         R1,550.00          800         07-Jun-22 American Call

New Terms
                                           Conversion                  Exercise
    ISIN       JSE Code Exercise Price                      Expiry
                                             Ratio                      Style
ZAE000305132 AMSSBA         R1,886.83         870.85       07-Sep-22 American Call
ZAE000302469 AMSSBO         R1,499.79         774.09       07-Jun-22 American Call

The Effective Date of the adjustment shall be 9th 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: 09-03-2022 08:30:00
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