To view the PDF file, sign up for a MySharenet subscription.

THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Redemption Announcement - RLN072?

Release Date: 24/06/2025 16:30
Code(s): RLN072     PDF:  
Wrap Text
The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “RLN072”

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "RLN072"

Stock Code: RLN072
ISIN Code: ZAE000333696

Final Redemption

Noteholders of RLN072 have elected to early redeem the listed
RLN072 Equity Index Linked Notes ("the Notes") with early
redemption on 21 July 2025 are reminded that:

Last Date to Trade:                   Tuesday,08   July 2025
Suspension Date:                      Wednesday,   09 July 2025
Record Date:                          Friday, 11   July 2025
Closing date for elections:           Friday, 11   July 2025

Valuation Date:                       Monday, 14 July 2025
Valuation Time:                       The time the Index Level
                                      is   published   on  the
                                      Valuation Date
Notification Date of Final Redemption
value of RLN072 by 11:00am:           Tuesday, 15 July 2025
Notification Date of whether RLN072
may or may not de-list:               Tuesday, 15 July 2025
Maturity Date (Delivery/Payment):     Monday, 21 July 2025
De-Listing Date:                      Tuesday, 22 July 2025

Before or latest on 11 July 2025 ("the Closing Date for
Elections"), holders of the 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 Notes may elect not to follow
     Option 2 below, but rather to roll the investment into a
     new Capital Accumulator Note ("RLN139"). The index level
     of RLN139 will be determined on the Valuation Date (14 July
     2025) at the Valuation Time, which is the same date and
     time on which the final redemption value of RLN072 will be
     determined. Due to the difference in time zones, holders
     of the Notes will be informed on Tuesday, 15 July 2025 what
     the final redemption value of RLN072 is. RLN139 will be
     issued on 21 July 2025 and will be delivered to the relevant
     holders which have elected Option 1 within one week after
     the issuing of RLN139.
  2. Option 2: A holder of the Notes may elect not to roll the
     investment into RLN139 (that is, not to follow Option 1),
     but may elect to remain as a holder of the Notes until 28
     September 2027 ("the initial Maturity Date").

If Standard Bank receives no notice from either the holder's
Independent Financial Advisor or the holder does not digitally
elect before or on 11 July 2025 Option 1 or Option 2 Standard
Bank will assume that the holder had elected Option 2 (which is
the default election) that is, that the holder will remain in
the current listed RLN072 Equity Linked Notes.

After the issue of RLN139 (Option 1) on 21 July 2025 or holders
elect to remain as a holder of the Notes (Option 2), the Notes
(RLN072) may or may not be de-listed from the JSE on 22 July
2025.

Dated: Tuesday, 24 June 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: 24-06-2025 04:30:00
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.