THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Corporate Action Correction Announcement - SBRN18?

The Standard Bank of South Africa Limited
Corporate Action Correction Announcement - “SBRN18”


The Standard Bank of South Africa Limited
Corporate Action Correction Announcement - "SBRN18"


Stock Code: SBRN18
ISIN Code: ZAE000305884


The Second Interim Period is maturing on Tuesday, 17 June 2025. The
Second    Interim    Redemption    Amount    will    be     paid on
17 June 2025.


On 17 June 2025, Standard Bank will pay ZAR7 294 650.00 in respect of
all the Notes (ZAR1,650.00 per note) ("the Second Interim Payment
Amount") to the holders of SBRN18 Notes. Since the Second Interim
Payment Amount includes 25% of the capital of the initial purchase
price of the Notes, the Issuer will on Wednesday, 18 June 2025 reduce
the base costs of the Notes (that is the specified denomination of the
Notes) from ZAR3,750 per Note to ZAR 2,500.00 per Note to account for
the reduction in the initial capital used to purchase these Notes.

Second Interim Period
Maturity Date                                Tuesday, 17 June 2025

Second Interim Payment Amount for all Notes: ZAR4 951 650.00

Capital Redemption Amount for all Notes      ZAR3 751 250.00

Capital Redemption (Capital reduction)
Amount per Note                              ZAR      1 250.00

Interest Earned (32% Coupon)on all Notes:    ZAR1 200 400.00

Interest Earned (32% Coupon)per Note:        ZAR       400.00

Declaration Date:                            Tuesday, 27 May 2025

Last Day to Trade:                           Tuesday, 10 June 2025

Ex-Date:                                     Wednesday, 11 June 2025

Record Date:                                 Friday, 13 June 2025

Second Interim Payment Amount
Payment Date:                                Tuesday, 17 June 2025


Dated: Tuesday, 27 May 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: 27-05-2025 11:00:00
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