STB102-Full Redemption
STANDARD BANK GROUP LIMITED
REGISTRATION NUMBER 1969/017128/06)
Stock Code: SBT102 ISIN Code: ZAG000146622
Redemption of ZAR 1,800,000,000 Additional Tier 1 Notes issued on
21 September 2017 under the Standard Bank Group Limited’s
ZAR50 000 000 000 Domestic Medium Term Note Programme dated 28 November
2016
On 21 September 2017, Standard Bank Group (“Standard Bank”) issued
ZAR 1,800,000,000 Additional Tier 1 Notes (the “SBT102 Notes”).
The SBT102 Notes are subject to the terms and conditions contained in
the Programme Memorandum dated 28 November 2016 (the “Programme
Memorandum”) as read together with the Applicable Pricing Supplement
issued in respect of the SBT102 Notes dated 18 September 2017 (the
“Applicable Pricing Supplement”).
In terms of the Applicable Pricing Supplement, Standard Bank has the
option to redeem the SBT102 Notes on 30 September 2022, subject to the
prior written approval of the Prudential Authority.
Pursuant to Condition 33(a) of the Applicable Pricing Supplement and
having obtained the requisite prior written approval from the Prudential
Authority, Standard Bank hereby gives notice that it shall redeem the
SBT102 Notes on 30 September 2022 at 100% of the aggregate nominal amount
thereof, together with any interest accrued thereon up until that date.
Last Day to Register By 17h00 on Monday, 19 September 2022
Books Closed Tuesday, 20 September 2022
Payment Day Friday, 30 September 2022
Dated 10 August 2022
For further information contact:
Standard Bank
Jan Brits
Email: jan.brits2@standardbank.co.za
Debt Sponsor: Standard Bank
Date: 10-08-2022 09:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.