THE STANDARD BANK OF SOUTH AFRICA LIMITED - Late Corporate Action Announcement - RLN038?

Late Corporate Action Announcement - “RLN038”

The Standard Bank of South Africa Limited
Late Corporate Action Announcement - "RLN038"

Stock Code: RLN038
ISIN Code: ZAE000321337

The First Interim Period in respect of the RLN038 Notes ends on
19 April 2024. The Total First Interim Redemption Amount will
be paid on 19 April 2024.

On 19 April 2024, Standard Bank will pay ZAR600.00 per Note
("the Total First Interim Payment Amount") to the holders of
RLN034 Notes. Since the Total First Interim Payment Amount
includes repayment of 50% of the capital of the initial purchase
price of the Notes, the Issuer will on 19 April 2024 reduce the
base costs of the Notes (that is the specified denomination of
the Notes) to ZAR500.00 per Note to account for the reduction
in the initial capital used to purchase the Notes.

First Interim Period
Maturity Date:                                  19 April 2024

Total First Interim Payment Amount per Note:    ZAR600.00
(comprising):

Capital Reduction amount
(ZAR500.00 Per Note):                           ZAR500.00

Interest Earned (20% Return on the Capital
Reduction amount) (ZAR100.00 Per Note):         ZAR100.00

Last Day to Trade:                              15 April 2024

Ex-date:                                        16 April 2024

Record Date:                                    18 April 2024

Payment Date:                                   19 April 2024


Dated: 09 April 2024
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: 09-04-2024 11:15:00
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