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JSE LIMITED - GEN - Announcement in relation to the Redemption of SBR003 Retail Deposit Notes listed on the JSE

Release Date: 08/10/2013 16:50
Code(s): JSER     PDF:  
Wrap Text
GEN - Announcement in relation to the Redemption of SBR003 Retail Deposit Notes listed on the JSE

THE STANDARD BANK OF SOUTH AFRICA LIMITED
Stock Code: SBR003
ISIN Code: ZAE000128195

The Standard Bank of South Africa Limited – Announcement in
relation to the Redemption of SBR003 Retail Deposit Notes listed
on the JSE on 05 November 2008 and due for redemption on 5
November 2013
Notice is hereby given to Noteholders as follows:
The Standard Bank of South Africa Limited intends redeeming, in
full, the entire issuing of SBR003 Retail Deposit Notes due on 5
November 2013.


Details of the redemption of SBR003 Retail Deposit Notes are as
follows:
•    Total issue to be redeemed: ZAR 420,000,000
•    Total notes in issue: 4,200,000
•    SBR003 Maturity date: 5 November 2013
•    SBR003 Coupon: 3-month JIBAR payable quarterly
•    Status: Deposit (Senior unsecured)
•   Last Date to Trade in respect of the redemption: Friday, 25
    October 2013
•    Suspension of listing: Monday, 28 October 2013
•   SBR003 Record Date in respect of the redemption: Friday,01
    November 2013
•   Payment date: Tuesday, 05 November 2013
•   Notes expires at the close of trade on Tuesday, 05 November
    2013
•   Termination of listing at          commencement   of   trade   on
    [Wednesday, 6 November 2013
•   Listing: JSE (Main Board)
•   Trading: JSE
•   ISIN:   ZAE000128195
•   Law: South African
•   Denominations: R100
•   Redemption cash amount: ZAR100 per note
•   Sole lead manager: The Standard Bank of South Africa
    Limited, acting through its corporate and investment banking
    division
For further information contact:
The Standard Bank of South Africa Limited
Paul Burgoyne
Tel (011) 378 7003
Email: paul.burgoyne@standardbank.co.za

Sponsor: Standard Bank
Date: Dated 08 October 2013

Date: 08/10/2013 04:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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