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THE STANDARD BANK OF SOUTH AFRICA LIMITED - Standard Bank Equity-Linked Note Listing

Release Date: 11/03/2022 08:45
Code(s): SBRN22     PDF:  
Wrap Text
Standard Bank Equity-Linked Note Listing

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SBRN22”

Stock Code: SBRN22
ISIN Code: ZAE000308946

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBRN22 Equity Index Linked Notes due
09 March 2027 - 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           ZAR80 000 000 000
Total notes issued
(including current issue)           ZAR61 590 322 386.65

Full Note details are as follows:
Issue Date:                         11 March 2022
Nominal Issued:                     ZAR10 000 000
Redemption Basis:                   Equity Index Linked
Issue Price:                        500 000 ZA cents per Note
Number of Notes:                    2 000 Notes
Maturity Date:                      09 March 2027, subject to
                                    adjustments as detailed in
                                    the Pricing Supplement.
Business Day Convention:            Following Business Day
Last Date to Trade:                 24 February 2027
Record Date:                        01 March 2027, and if this
                                    date is not an Exchange
                                    Business Day, the Exchange
                                    Business Day immediately
                                    preceding the Record Date.
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: 10 March 2022
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: 11-03-2022 08:45:00
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