THE STANDARD BANK OF SOUTH AFRICA LIMITED - SBK19-Redemption of T2 Bond

SBK19-Redemption of T2 Bond

THE STANDARD BANK OF SOUTH AFRICA LIMITED
Issuer Code- BISTDB


Stock Code: SBK19
ISIN Code: ZAG000100835

Redemption of ZAR 500,000,000 Subordinated Unsecured Secondary
Capital Notes due 24 October 2024


On 24 October 2012, The Standard Bank of South Africa Limited
(“Standard Bank”) issued ZAR 500,000,000 Subordinated Unsecured
Secondary Capital Notes due 24 October 2024 (the “SBK19 Notes”).
The SBK 19 Notes are subject to the terms and conditions contained
in the Programme Memorandum dated 20 August 2012 (the “Programme
Memorandum”) as read together with the Applicable Pricing
Supplement issued in respect of the SBK19 Notes dated 19 October
2012 (the “Applicable Pricing Supplement”).
In terms of the Applicable Pricing Supplement, the maturity date
of the SBK19 Notes is 24 October 2024, unless redeemed early at
the option of Standard Bank on 24 October 2019, subject to the
prior written approval of the Prudential Authority.
Pursuant to Condition 51(a) 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 SBK19 Notes on 24 October 2019 at 100% of the
aggregate nominal amount thereof, together with any interest
accrued thereon up until that date.

Last Day to Register               17h00 on Friday, 11 October
                                   2019
Books Closed                       Monday, 14 October 2019
Payment Day                        Thursday, 24 October 2019


Dated 2 September 2019

For further information contact:
Standard Bank
Jan Brits
Tel +27 11 415 4344
Email: jan.brits2@standardbank.co.za
Debt Sponsor: Standard Bank

Date: 02/09/2019 12:32:00
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