THE STANDARD BANK OF SOUTH AFRICA LIMITED - Notice of suspension of the Exchange Control Circular No.15/2020 relating to the re-classification of inward listing

Notice of suspension of the Exchange Control Circular No.15/2020 relating to the re-classification of inward listing

The Standard Bank of South Africa Limited
Incorporated in the Republic of South Africa
(Registration number 1962/000738/06) (share code BISTDB)
(“the Issuer”)

Notice of suspension of the Exchange Control Circular No.15/2020
relating   to   the   re-classification   of   inward   listings
requirements


We refer to the SENS announcement published on 05 November 2020
(“5 November SENS”) which was published pursuant to the Exchange
Control Circular No.15/2020 dated 29 October 2020 (“Circular”).

The National Treasury, the South African Reserve Bank and the
Financial Sector Conduct Authority issued a media statement on
24 November 2020 advising that the Circular is suspended with
immediate effect. As a result, all approvals granted on the
basis of Circular are also suspended and the dispensation before
the Circular remain extant. The amendments to the Circular will
be published following a period of public consultation.

Accordingly, the changes communicated in the 5 November SENS are
no longer applicable and the instruments as set out therein will
retain their classification prior to the Circular.

Dated 27 November 2020

Debt Sponsor – The Standard Bank of South Africa Limited

For further information please contact:
Johann Erasmus           SBSA (Debt Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 27-11-2020 10:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.