THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN954?

New Financial Instrument Listing Announcement - “CLN954”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN954”

Stock Code: CLN954
ISIN Code: ZAG000196221

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN954 Senior Unsecured Floating Rate
Notes due 20 June 2028 - sponsored by The Standard Bank of South
Africa Limited, under its Structured Note Programme.

Authorised Programme size           ZAR120,000,000,000
Total notes issued
(including current issue)           ZAR80,468,4681,081.61
Full Note details are as follows:
Issue Date:                         22 May 2023
Nominal Issued:                     ZAR35,000,000
Coupon Rate:                        Floating Rate Notes – The
                                    greater of (i) the Coupon
                                    Rate and (ii) zero from, and
                                    including, the Issue Date
                                    until, but excluding, 20
                                    June 2028: three month ZAR-
                                    JIBAR-SAFEX less 18.10%

Coupon Indicator:                   Floating   Rate      Notes   -
                                    Floating


Interest Determination Dates:       Each 20 March, 20 June, 20
                                    September and 20 December of
                                    each year, with the first
                                    Interest Rate Determination
                                    Date being the Issue Date.
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      20 June 2028
Interest Commencement Date:         Issue Date
First Interest Payment Date:        20 June 2023

Interest Payment Dates:             Each 20 March, 20 June, 20
                                    September and 20 December of
                                    each    year    until    (and
                                    including) 20 June 2028,
                                    with   the   first   Interest
                                    Payment Date being 20 June
                                    2023.
Business Day Count/Convention:      Actual/365(Fixed)        and
                                    Following Business Day
Books Close:                        From 15 March, 15 June, 15
                                    September and 15 December
                                    until     the     applicable
                                    Interest Payment Date
Last day to register:               17h00 on 14 March, 14 June,
                                    14 September and 14
                                    December of each year until
                                    the Maturity Date. If such
                                    day is not a Business Day,
                                    the Business Day before
                                    each Books Closed Period
                                    until the Maturity Date

Placement Agent:                    The Standard Bank of South
                                    Africa Limited
Debt Security subject
to guarantee; security
or credit enhancement:              Not Applicable

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

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

Dated 22 May 2023
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: 22-05-2023 12:10:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.