The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - “SBEN26”
The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - "SBEN26"
Stock Code: SBEN26
ISIN Code: ZAE000324786
Final Redemption SBEN26
Holders of the listed SBEN26 Index Linked Notes ("the Notes")
which are redeeming on Tuesday, 21 July 2026 are informed that
the final level of the index was determined and calculated on
Tuesday, 14 July 2026 as 621.4624, and the FX Final Level was
determined and calculated on Wednesday, 15 July 2026 as ZAR
16.3978/USD1.00.
Following this determination and calculation holders of the
Notes are advised as follows:
1. Option 1: Holders who elected to receive delivery of the
ETFs which the relevant holder bought on the Trade Date of
the Notes adjusted to be equal to the redemption value of
the Notes, will receive the relevant ETFs (allocated to
their accounts on Tuesday, 21 July 2026).
2. Option 2: Holders who elected not to receive delivery of
the ETFs on the Maturity Date (that is, not to follow Option
1), but elected to instruct Standard Bank to sell the ETFs
on behalf of the holders of the Notes and pay the redemption
amount of such sale of the ETFs to the holder of the Notes,
will receive on Tuesday, 21 July 2026 an amount of
157,254.07 South African cents per the Note equivalent to
the value of the relevant ETFs held by them on the Record
Date.
3. Holders who did not make an election from options 1 to 2
by 12:00pm on Thursday, 16 July 2026, option 2 will apply
by default.
4. After the delivery of the ETFs (Option 1) on Tuesday,
21 July 2026 or payment of the sale proceeds of the ETFs
(Option 2) on Tuesday, 21 July 2026, the Notes (SBEN26)
will be de-listed from the JSE on Wednesday, 22 July 2026.
Dated: Wednesday, 15 July 2026
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: 15-07-2026 01:00:00
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