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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBRN68?

Release Date: 11/04/2025 11:16
Code(s): SBRN68     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SBRN68”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBRN68"

Stock Code: SBRN68
ISIN Code: ZAE000346839

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBRN68 Equity Index Linked Notes due 09
October 2028, sponsored by The Standard Bank of South Africa
Limited ("the Issuer") under its Structured Note Programme
("the Programme") dated 20 December 2024 which can be found on
the Issuer's website.

Authorised Programme size           ZAR150,000,000,000
Total notes issued
(including current issue)           ZAR110 130 159 102.70

Full Note details are as follows:
Issue Date:                         14 April 2025

Nominal Issued:                     ZAR56,339,000.00

Redemption Basis:                   Equity Index Linked

Issue Price:                        100%

Number of Notes:                    56,339

Declaration Date:                   11 September 2028, and if
                                    such day is not an Exchange
                                    Business Day, the Exchange
                                    Business Day immediately
                                    preceding that day.

Business Day Convention:            Following Business Day

Last Date to Trade:                 26 September 2028, and if
                                    such day is not an Exchange
                                    Business Day, the Exchange
                                    Business Day immediately
                                    preceding that day.

Suspension Date:                    27 September 2028, being
                                    the date, on which trading
                                   in the Notes will be
                                   suspended by the Exchange.

Record Date:                       29 September 2028, and if
                                   such day is not an Exchange
                                   Business Day, the Exchange
                                   Business Day on which the
                                   Notes settles in accordance
                                   with the regular settlement
                                   cycle following the Last
                                   Date to Trade as the trade
                                   date.

Maturity / Delivery Date:          09 October 2028

De-Listing Date:                   10 October 2028

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: 11 April 2025
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: 11-04-2025 11:16:00
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