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THE STANDARD BANK OF SOUTH AFRICA LIMITED - SCIB: The Standard Bank Of South Africa - Termination and Redemption of Standard Bank Equity Note 08

Release Date: 27/09/2022 17:15
Code(s): SBEN08     PDF:  
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SCIB: The Standard Bank Of South Africa - Termination and Redemption of Standard Bank Equity Note 08

The Standard Bank of South Africa Limited
Financial Instrument Redemption and De-Listing     Announcement   -
“SBEN08”

Stock Code: SBEN08
ISIN Code: ZAE000314498

All the SBEN08 Notes issued by The Standard Bank of South Africa
Limited in the notional amount of ZAR39 219 578.00 will be redeemed
and will be de-listed by the JSE Limited effective from
03 October 2022. The redemption of the SBEN08 Notes is because the
SBEN08 Notes mature on Friday 30 September 2022 and following the
redemption, the SBEN08 Notes will be de-listed on 03 October 2022.
The pay date (as such term is defined in the Listings Requirements)
is 30 September 2022. All the Notes (“instruments”) will be
withdrawn from the listing and following the de-listing of these
Notes there will be no SBEN08 Notes (“instruments”) remaining as
listed instruments.

Last Date to Trade:                 Per Pricing Supplement
                                    Tuesday 20 September 2022
Record Date:                        Per Pricing Supplement
                                    Friday 23 September 2022
Suspension Date:                    Tuesday 27 September 2022
Payment Date:                       Friday 30 September 2022
Payment Amount and Delivery
of Shares                           On the Payment Date each
                                    Noteholder will receive
                                    ZAR23.00 per Note and will
                                    receive delivery of 1.0365
                                    CAA Shares.
De-Listing Date:                    Monday 03 October 2022


Dated 27 September 2022
Sponsor – The Standard Bank of South Africa Limited
For further information on this Note please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 27-09-2022 05:15:00
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