The Standard Bank of South Africa Limited - New Listing of Actively Managed Certificate - AMC006
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “AMC006”
Stock Code: AMC006
ISIN Code: ZAE000323960
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – AMC006 Actively Managed Certificates due
27 June 2033 - 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) ZAR79 764 509 520.61
Full Note details are as follows:
Issue Date: 26 June 2023
Nominal Issued: ZAR100 000 000
Redemption Basis: Linked to the actively
managed NVest Balanced
Portfolio as the Reference
Portfolio comprising at any
time (i) long positions in
shares which are listed on
a Recognised Exchange (ii)
long positions in
participatory interests,
units or shares in exchange
traded funds (ETFs),
exchange traded notes
(ETNs), listed on a
Recognised Exchange, and
(iii) Money denominated in
ZAR (South African Rand. By
actively managing the
Reference Portfolio, the
Reference Portfolio Manager
will endeavour to generate
returns equal to or higher
than South Africa Consumer
Price Index (CPI) plus 5%
per annum, over rolling
3 - year periods.
Issue Price: 100 000 ZA cents per Note
Number of Notes: 100 000 Notes
Declaration Date: 06 June 2033, subject to
Preceding Business Day
Convention.
Last Date to Trade: 21 June 2033, subject to
Preceding Business Day
Convention.
Suspension Date: 22 June 2033
Record Date: 24 June 2033
Maturity Date: 27 June 2033, subject to
adjustments as detailed in
the Pricing Supplement.
De-Listing Date: 28 June 2033
Business Day Convention: Preceding Business Day
Placement Agent: The Standard Bank of South
Africa Limited
These Notes will be cash settled to holders of the AMCs on the
Maturity Date specified above.
Additional Terms and Conditions: Investors must read the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific AMC issuance.
The AMCs will be deposited in the Central Securities
Depository (“CSD”) and settlement will take place
electronically in terms of JSE Rules.
Dated: 26 June 2023
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: 26-06-2023 08:45:00
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