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THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited issue of Equity Share Basket Linked Note SBEN07

Release Date: 16/03/2022 08:45
Code(s): SBRN07     PDF:  
Wrap Text
The Standard Bank of South Africa Limited issue of Equity Share Basket Linked Note SBEN07

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SBEN07”

Stock Code: SBEN07
ISIN Code: ZAE000309092

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBEN07 Equity Share Basket Linked Notes
due 10 March 2025 - sponsored by The Standard Bank of South
Africa Limited (“the Issuer”) under its Structured Note
Programme (“the Programme”) which can be found on the Issuer’s
website.

Authorised Programme size           ZAR80 000 000 000
Total notes issued
(including current issue)           ZAR63 363 322 386.55

Full Note details are as follows:

Issue Date:                         16 March 2022
Nominal Issued:                     ZAR28 000 000
Redemption Basis:                   Equity Share Basket Linked
Issue Price:                        500 000 ZA cents per Note
Number of Notes:                    5 600 Notes
Maturity Date:                      10 March 2025, subject to
                                    adjustments as detailed in
                                    the Pricing Supplement.
Business Day Convention:            Following Business Day
Last Date to Trade:                 25 February 2025 and if not
                                    an Exchange Business Day,
                                    the Exchange Business Day
                                    immediately preceding it.
Record Date:                        28 February 2025, and if
                                    not an Exchange Business
                                    Day, the Exchange Business
                                    Day immediately preceding
                                    it.
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: 16 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: 16-03-2022 08:45:00
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