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STANDARD BANK GROUP LIMITED - SBT101-Redemption

Release Date: 15/02/2022 08:30
Code(s): SBT101     PDF:  
Wrap Text
SBT101-Redemption

STANDARD BANK GROUP LIMITED (REGISTRATION NUMBER 1969/017128/06)
Stock Code: SBT101     ISIN Code: ZAG000143017

Redemption of ZAR 1,744,000,000 Additional Tier 1 Notes issued on
30 March 2017 under the Standard Bank Group Limited’s ZAR50 000 000 000
Domestic Medium Term Note Programme dated 28 November 2016

On 30 March 2017, Standard Bank Group (“Standard Bank”)            issued
ZAR 1,744,000,000 Additional Tier 1 Notes (the “SBT101 Notes”).
The SBT101 Notes are subject to the terms and conditions contained in
the Programme Memorandum dated 28 November 2016 (the “Programme
Memorandum”) as read together with the Applicable Pricing Supplement
issued in respect of the SBT101 Notes dated 27 March 2017 (the
“Applicable Pricing Supplement”).
In terms of the Applicable Pricing Supplement, Standard Bank has the
option to redeem the SBT101 Notes on 31 March 2022, subject to the prior
written approval of the Prudential Authority.
Pursuant to Condition 33(a) of the Applicable Pricing Supplement and
having obtained the requisite prior written approval from the Prudential
Authority, Standard Bank hereby gives notice that it shall redeem the
SBT101 Notes on 31 March 2022 at 100% of the aggregate nominal amount
thereof, together with any interest accrued thereon up until that date.

Last Day to Register      By 17h00 on Friday, 18 March 2022
Books Closed              Monday, 21 March 2022
Payment Day               Thursday, 31 March 2022




Dated 15 February 2022

For further information contact:
Standard Bank
Jan Brits
Email: jan.brits2@standardbank.co.za

Debt Sponsor: Standard Bank

Date: 15-02-2022 08:30:00
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