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STANDARD BANK OF SOUTH AFRICA LD - SCIB: The Standard Bank Of South Africa - Notice of rollover of Standard Bank share instalments

Release Date: 01/02/2017 14:20
Code(s): AGLSTL BILSTN SNHSTA SOLSTM     PDF:  
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SCIB: The Standard Bank Of South Africa - Notice of rollover of Standard Bank share instalments

THE STANDARD BANK OF SOUTH AFRICA LIMITED

01/02/2017

NOTICE OF ROLLOVER OF STANDARD BANK SHARE INSTALMENTS

The following instalments will expire on the 08 Feb 2017 and Auto Roll:


                                                                                  New Instalment
Instalment Code               Stock                ISIN Code           Expiry         Code          New ISIN Code


      AGLSTL         ANGLO AMERICAN PLC          ZAE000212049       08 Feb 2017       AGLSTM         ZAE000239885


       BILSTN          BHP BILLITON PLC          ZAE000213880       08 Feb 2017       BILSTO         ZAE000239893
                          STEINHOFF
                        INTERNATIONAL
      SNHSTA             HOLDINGS N.V.           ZAE000212494       08 Feb 2017       SNHSTB         ZAE000239901


      SOLSTM             SASOL LIMITED           ZAE000213898       08 Feb 2017       SOLSTN         ZAE000239943



The following share instalments will not Auto Roll and will be cash settled for the remaining intrinsic value:


NOTICE OF EXPIRY OF STANDARD BANK SHARE INSTALMENTS


Instalment Code               Stock                ISIN Code          Expiry


Number of new Share Instalments =
(Cash Settlement Amount / Price of new Share Instalment on the Expiration Date)*Number of existing
Share Instalments

Where:
Cash Settlement Amount = (the closing price of the Underlying Parcel on Expiration Date – the
Exercise Price of the expiring Share Instalment – any other fees and expenses the Warrantholder is
liable for in terms of the Conditions);
Price of new Share Instalment = closing price of the new Share Instalment on the Expiration Date of
the old Share Instalment determined by the Issuer as per the matrix offer price based off the closing
price of the Underlying Security. Note - This may differ from the closing price of the new Share
Instalment on the JSE as this level is set before the official close of the market at 5.00 p.m.

Please note:
     1. The new Share Instalments will take around 5 Business Days from the Expiration Date of the old series
          to be delivered into the Warrantholders account.


    Warrantholders should ensure that their holdings are registered prior to the Expiration Date as only registered Warrantholders
    will be entitled to the rollover. Share Instalments will be exercisable in accordance with the terms and conditions set out in
    the Common Terms Document, relevant Conditions Annexure/s and/or Supplements. All Share Instalments will be settled via
    STRATE. Please note that the Share Instalments that do not rollover will be settled in accordance with the provisions set out
    in the relevant Conditions Annexure/s and/or Supplements.


Copies of the warrant issue documentation may be
obtained from:
The Standard Bank Of South Africa Limited.
(Registration Number 1962/000738/06)
3 Simmonds Street
Johannesburg
2001

For further information contact :
Standard Bank Warrants
Tel 0800 111 780
e-mail : derivatives@standardbank.co.za
Sponsor :
SBG Securities (Pty) Limited
(Registration Number: 1972/008305/07)
An authorised user of the JSE Limited

Date: 01/02/2017 02:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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