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THE STANDARD BANK OF SOUTH AFRICA LIMITED - Tap Issue Announcement - ELN013?

Release Date: 30/04/2021 10:35
Code(s): ELN013     PDF:  
Wrap Text
Tap Issue Announcement - “ELN013”

The Standard Bank of South Africa Limited
Tap Issue Announcement - “ELN013”

Stock Code: ELN013
ISIN Code: ZAG000175613
The JSE Limited has granted to The Standard Bank of South Africa
Limited a tap issuance of ELN013 Senior Unsecured Equity Index
Linked Notes due 15 April 2024 - sponsored by The Standard Bank
of South Africa Limited under its Structured Note Programme.

Authorised Programme size           ZAR60,000,000,000
Total notes issued
(including current issue)           ZAR44,884,182,664.64

Full Note details are as follows:
Tap Issue Date:                     03 May 2021
Tap Amount (Tranche 2):             ZAR73,430,000.00
Aggregate Nominal Issued
under Series No. 790:               ZAR146,360,000.00
Final Redemption Amount:            Per Applicable Pricing
                                    Supplement (Formula Driven)
Trade Type:                         Price
Issue Price of Tranche 2:           100%
Maturity Date:                      15 April 2024
Interest Commencement Date:         14 April 2021
Redemption Basis:                   Equity Index Linked
Business Day Count/Convention:      30/360 and Following Business
                                    Day Convention
Books Close:                        08 April 2024 to 15 April
                                    2024
Last day to register:               17:00 on 05 April 2024
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 tap issuance – that is
Tranche 2 of ELN013.

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

Dated 30 April 2021

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: 30-04-2021 10:35:00
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