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

Tap Issue Announcement - “SBAOIL”

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

Stock Code: SBAOIL
ISIN Code: ZAE000158531

The JSE Limited has granted to The Standard Bank of South Africa
Limited a further tap issuance of SBAOIL Senior Unsecured
Commodity Linked Notes due 20 July 2021 - sponsored by The
Standard Bank of South Africa Limited (acting through its
Corporate and Investment Banking Division), under its Domestic
Medium Term Note Programme.

Authorised Programme size           ZAR110,000,000,000
Total notes issued                  ZAR88,609,470,517
(excluding current issue)

Full Note details are as follows:

Instrument                  SBAOIL Senior Unsecured Commodity
                            Linked Note
Tap Settlement Date         11 May 2020
Tap Amount                  ZAR300,000,000
Underlying Instrument       OIL-WTI-NYMEX futures contract
Instrument Description      Exchange Traded Notes
Aggregate Nominal Issued    ZAR650,000,000 (including tap)
Issue Price                 ZAR5.78 (this tap issuance only)
Issue Date                  21 July 2011
Maturity Date               20 July 2021
Books Closed                From 17:00 on 10 July 2021 to the
                            Maturity Date.
Last day to register        By 17h00 on 09 July 2021

Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 07 May 2020
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: 07-05-2020 02:00:00
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