THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited - AMC002-publication of Monthly Fact Sheet

The Standard Bank of South Africa Limited - AMC002-publication of Monthly Fact Sheet

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “SBRN04”

Stock Code: SBRN04
ISIN Code: ZAE000290920

Final Redemption

Holders of the listed SBRN04 Gold Linked Notes (“the Notes”)
which are redeeming on 05 September 2023 are reminded that:

Last Date to Trade:              Wednesday, 23 August 2023
Suspension Date:                 Thursday, 24 August 2023
Record Date:                     Monday, 28 August 2023
Closing date for elections:      Monday, 28 August 2023
Valuation Date:                  Tuesday, 29 August 2023
Valuation Time:                  15:00 London British Summer Time
                                 (BST)on the Valuation Date
Maturity Date (Delivery and
Payment Date):                   Tuesday, 05 September 2023
De-Listing Date:                 Wednesday, 06 September 2023

Before or latest on Monday 28 August 2023 (“the Closing Date for
Elections”), holders of the SBRN04 Notes must elect which one
of the options below they wish to follow. Holders of the Notes
may either contact their financial advisors and request their
financial advisors to inform Standard Bank through their
standing communication channels about their clients’ elections
or the holders may elect themselves digitally via their broker’s
CSDP which of the following options they wish to follow:

1.   Option 1: A holder of the SBRN04 Notes may elect not to
     receive delivery of the ETFs on the Maturity Date (that is,
     not to follow Option 2), but may elect to rather instruct
     Standard Bank to sell the ETFs on behalf of the holder of
     the Notes and pay the redemption amount of such sale of the
     ETFs to the holder of the Notes on 05 September 2023 (“the
     Maturity Date”) to the account of the holder of the Notes.
     If Standard Bank receives no notice from either the holder’s
     Independent Financial Advisor or the holder does not
     digitally elect before or on 28 August 2023 Option 2,
     Standard Bank will assume that the holder had elected
     Option 1 (which is the default election) that is, that the
     holder had instructed Standard Bank to sell the ETFs on
     behalf of such holder and make payment of the proceeds of
     the sale of such ETFs to the account of such holder on
     05 September 2023 (“the Maturity Date”).

2.   Option 2: A holder of the Notes may elect to receive delivery
     of 1nVest Gold ETFs (ETFGLD) with ISIN:ZAE000182523, which
     the relevant holder bought on the Trade Date of the Notes
   adjusted to be equal to the redemption value of the Notes.
   The   ETFs   will   be  delivered   to   such  holder   on
   05 September 2023 (“the Maturity Date”).

   After the payment of the sale proceeds of the ETFs (Option 1)
   on 05 September 2023 or delivery of the ETFs (Option 2) on
   05 September 2023, the Notes (SBRN04) will be de-listed from
   the JSE on 06 September 2023.

Dated: 18 July 2023
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: 18-07-2023 01:00:00
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