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STANDARD BANK GROUP LIMITED - SBT207 - Redemption of R 3,500,000,000 Subordinated Unsecured Tier 2 Notes (Standard Bank) issued on 24 June 2020

Release Date: 19/05/2025 07:05
Code(s): SBT207     PDF:  
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SBT207 - Redemption of R 3,500,000,000 Subordinated Unsecured Tier 2 Notes (“Standard Bank”) issued on 24 June 2020

STANDARD BANK GROUP LIMITED (REGISTRATION NUMBER 1969/017128/06)

Stock Code: SBT207 - ISIN Code: - ZAG000168964

Redemption of ZAR 3,500,000,000 Subordinated Unsecured Tier 2 Notes issued on 24 June 2020 under the Standard 
Bank Group Limited's ("Standard Bank") ZAR 50 000 000 000 Domestic Medium Term Note Programme dated 
19 September 2019.

On 24 June 2020, Standard Bank issued ZAR 3,500,000,000 Subordinated Unsecured Tier 2 Notes (the "SBT207 Notes").

The SBT207 Notes are subject to the terms and conditions contained in the Programme Memorandum dated 19 September 2019
(the "Programme Memorandum") as read together with the Applicable Pricing Supplement issued in respect of the SBT207 
Notes dated 19 June 2020 (the "Applicable Pricing Supplement").

In terms of the Applicable Pricing Supplement, the maturity date of the SBT207 Notes is 24 June 2030, unless redeemed 
early at the option of Standard Bank on 25 June 2025, subject to the prior written approval of the Prudential Authority.

Pursuant to Condition 34 of the Applicable Pricing Supplement and having obtained the requisite prior written approval 
from the Prudential Authority, Standard Bank hereby gives notice that it shall redeem the SBT207 Notes on 25 June 2025 
at 100% of the aggregate nominal amount thereof, together with any interest accrued thereon up until that date.

Last Day to Register       By 17h00 on Friday, 13 June 2025
Books Closed               Tuesday, 17 June 2025 until Tuesday 24 June
                           2025
Payment Day                Wednesday, 25 June 2025


Dated 16 May 2025

For further information contact:
Standard Bank Group Limited
Jan Brits
Email: jan.brits2@standardbank.co.za

Debt Sponsor: The Standard Bank of South Africa Limited

Date: 19-05-2025 07:05:00
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