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THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited - New Listing of Actively Managed Certificate - AMC006

Release Date: 26/06/2023 08:45
Code(s): AMC006     PDF:  
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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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