THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited - RLN021 - Interim Redemption

The Standard Bank of South Africa Limited - RLN021 - Interim Redemption

The Standard Bank of South Africa Limited
Corporate Action Announcement - "RLN021"

Stock Code: RLN021
ISIN Code: ZAE000317087

The First Interim Period in respect of the RLN021 Notes ends on
12 December 2023. The First Interim Redemption Amount will be
paid on 12 December 2023.

On 12 December 2023, Standard Bank will pay ZAR575.00 per Note
("the First Interim Payment Amount") to the holders of RLN021
Notes. Since the First Interim Payment Amount includes repayment
of 50% of the capital of the initial purchase price of the Notes,
the Issuer will on 12 December 2023 reduce the base costs of the
Notes (that is the specified denomination of the Notes) to
ZAR500.00 per Note to account for the reduction in the initial
capital used to purchase the Notes.

First Interim Period
Maturity Date:                              12 December 2023

First Interim Payment Amount per Note:      ZAR575.00

Capital Redemption amount
(ZAR500.00 Per Note):                       ZAR500.00

Interest Earned (15% Return on the Capital
Redemption amount) (ZAR75.00 Per Note):    ZAR75.00

Last Day to Trade:                          01 December 2023

Ex-date:                                    04 December 2023

Record Date:                                06 December 2023

Payment Date:                               12 December 2023


Dated: 28 November 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: 28-11-2023 04:00:00
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