THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa - Listing of new Actively Managed Certificates - AMC003

The Standard Bank of South Africa - Listing of new Actively Managed Certificates - AMC003

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “AMC003”

Stock Code: AMC003
ISIN Code: ZAE000316923

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – AMC003 Actively Managed Certificates due
01 December 2032 - sponsored by The Standard Bank of South
Africa Limited (“the Issuer”) under its Structured Note
Programme (“the Programme”) dated 26 January 2021 which can be
found on the Issuer’s website.

Authorised Programme size           ZAR120 000 000 000
Total notes issued
(including current issue)           ZAR70 809 107 669.61

Full Note details are as follows:
Issue Date:                         07 December 2022
Nominal Issued:                     ZAR100 000 000
Redemption Basis:                   Linked to the actively
                                    managed CGAM Focussed
                                    Equity Portfolio as the
                                    Reference Portfolio
                                    comprising at any time a
                                    long only investment in no
                                    more than 15 shares which
                                    are listed on a Recognised
                                    Exchange in South Africa.
                                    By a process of fundamental
                                    analysis, valuation
                                    discipline, patience, and a
                                    belief that inefficient
                                    markets create
                                    opportunities in mispriced
                                    assets, and without the use
                                    of leverage, the Reference
                                    Portfolio Manager,
                                    ClucasGray Asset Management
                                    will actively manage the
                                    Reference Portfolio with
                                    the aim of outperforming
                                    the returns of the J433T –
                                    JSE Capped Swix Total
                                    Return Index, over time.
Issue Price:                        100 000 ZA cents per Note
Number of Notes:                    100 000 Notes
Declaration Date:                   09 November 2032, subject
                                    to Preceding Business Day
                                    Convention.
Last Date to Trade:                23 November 2032, subject
                                   to Preceding Business Day
                                   Convention.
Suspension Date:                   24 November 2032
Record Date:                       26 November 2032
Maturity/Delivery Date:            01 December 2032, subject
                                   to adjustments as detailed
                                   in the Pricing Supplement.
De-Listing Date:                   02 December 2032
Business Day Convention:           Preceding Business Day
Placement Agent:                   The Standard Bank of South
                                   Africa Limited

These Notes will be cash settled to holders of the AMCs on the
Maturity/Delivery Date specified above.

Additional Terms and Conditions: Investors must read the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific AMC issuance.

The AMCs will be deposited in the Central Securities
Depository (“CSD”) and settlement will take place
electronically in terms of JSE Rules.


Dated: 07 December 2022
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: 07-12-2022 08:45:00
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