THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa - New Listing - AMC009-Baobab Equity AMC

The Standard Bank of South Africa - New Listing - AMC009-Baobab Equity AMC

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “AMC009”

Stock Code: AMC009
ISIN Code: ZAE000326542

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – AMC009 Actively Managed Certificates due
15 September 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                  ZAR77 378 480 841.52

Full Note details are as follows:
Issue Date:                         15 September 2023
Nominal Issued:                     ZAR100 000 000

Redemption Basis:                   Linked to the actively
                                    managed Baobab Equity AMC
                                    Reference Portfolio which
                                    may at any time comprise
                                    long positions in shares,
                                    exchange traded funds
                                    (ETFs) and Exchange Traded
                                    Notes (ETNs) which are
                                    listed on any Recognised
                                    Exchange located in (i) the
                                    United States of America,
                                    (ii) Canada, (iii) The
                                    Netherlands, (iv) Federal
                                    Republic of Germany (v) the
                                    London Stock Exchange, (vi)
                                    the Australian Stock
                                    Exchange, (vii) the
                                    Johannesburg Stock
                                    Exchange, and any other
                                    Recognised Exchange on
                                    which the Issuer may in
                                    future establish Hedge
                                    Positions in respect of
                                    Reference Components. The
                                    investment strategy of the
                                    Reference Portfolio
               Manager, Baobab Investment
               Proprietary Limited, is to
               focus on the Reference
               Portfolio Manager’s best
               investment ideas, both
               domestic and globally. The
               Reference Portfolio Manager
               may decide to hold Money in
               the short term, but the
               long-term strategy is to be
               fully invested in equities
               by investing in Share
               Securities and ET
               Securities as set out in
               the Reference Portfolio
               Investment Mandate
               published in the Pricing
               Supplement. The Baobab
               Equity AMCs is suitable for




               long term investors,
               targeting capital growth
               through investment in
               global equity assets, but
               wish to invest and retain
               the investment denominated
               in South Africa Rand.
               Holders of this set of AMCs
               must be willing to tolerate
               a potentially higher level
               of volatility and must have
               an investment time horizon
               of five years or longer.
               The Reference Components of
               this set of AMCs typically
               exhibit more volatility
               given their high exposure
               to the equity markets,
               which may result in capital
               losses.
Issue Price:   100 000 ZA cents per AMC
Number of AMCs:                    100 000 AMCs
Declaration Date:                  23 August 2033, subject to
                                   Preceding Business Day
                                   Convention.
Last Date to Trade:                09 September 2033, subject
                                   to Preceding Business Day
                                   Convention.
Suspension Date:                   12 September 2033
Record Date:                       14 September 2033
Maturity Date:                     15 September 2033, subject
                                   to adjustments as detailed
                                   in the Pricing Supplement.
De-Listing Date:                   16 September 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: Prospective holders of these
AMCs must read the Pricing Supplement for full details of the
specific terms and conditions applicable to this specific set
of AMCs.

The AMCs will be deposited in the Central Securities
Depository (“CSD”) and settlement will take place
electronically in terms of JSE Rules.


Dated: 15 September 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: 15-09-2023 08:45:00
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