THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN974?

New Financial Instrument Listing Announcement - “CLN974”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN974”

Stock Code: CLN974
ISIN Code: ZAG000199217

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN974 Senior Unsecured Floating Rate
Notes due 31 January 2030 - 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)           ZAR77,068,850,841.52
Full Note details are as follows:
Issue Date:                         07 September 2023
Nominal Issued:                     ZAR40,000,000

Coupon Rate:                        In respect of each Interest
                                    Period from, and including:

                                    (i) the Issue Date until,
                                    but excluding, 31 October
                                    2026: three month ZAR-JIBAR-
                                    SAFEX plus 2.30%; and

                                    ii) 31 October 2026 until,
                                    but excluding, the Scheduled
                                    Maturity Date: three month
                                    ZAR-JIBAR-SAFEX plus 2.33%.


Coupon Indicator:                   Floating   Rate      Notes   -
                                    Floating


Interest Determination Dates:       Each 31 January, 30 April,
                                    31 July and 31 October of
                                    each year, commencing on the
                                    Issue   Date    until   (but
                                    excluding)   the    Maturity
                                    Date.
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      31 January 2030
Interest Commencement Date:         Issue Date
First Interest Payment Date:        31 October 2023
Interest Payment Dates:             Each 31 January, 30 April,
                                    31 July and 31 October of
                                    each year until the Maturity
                                    Date,    with    the   first
                                    Interest Payment Date being
                                    31 October 2023.


Business Day Count/Convention:      Actual/365(Fixed)        and
                                    Following Business Day
Books Close:                        From each 26 January, 25
                                    April,   26  July   and   26
                                    October until the applicable
                                    Interest Payment Date
Last day to register:               17h00 on 25 January, 24
                                    April, 25 July and 25
                                    October 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 06 September 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: 06-09-2023 11:47:00
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