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THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - AMC009 Tap Issue 1

Release Date: 12/08/2025 11:08
Code(s): AMC009     PDF:  
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The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “AMC009” Tap Issue 1

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "AMC009" Tap
Issue 1

Stock Code: AMC009
ISIN Code: ZAE000326542

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited of a tap issuance of AMC009 Actively Managed
Certificates (AMCs) due 13 August 2025 - sponsored by The
Standard Bank of South Africa Limited ("the Issuer") under its
Structured Note Programme ("the Programme") dated 20 December
2024 which can be found on the Issuer's website.

Authorised Programme size           ZAR150 000 000 000
Total notes issued
(including current issue)            ZAR114,309,234,461.59

Full details of AMCs Tap Issue 1 are as follows:

Issue Date:                         13 August 2025
Nominal Issued:                     ZAR200,000,000.00
Redemption Basis:                   Linked to the actively
                                    managed Baobab Equity AMC
                                    Reference Portfolio, which
                                    comprises long positions in
                                    shares, exchange traded
                                    funds (ETFs) and Exchange
                                    Traded Notes (ETNs) which
                                    are listed on any
                                    Recognised Exchange located
                                    in (i) the United States of
                                    America, (ii) Canada, (iii)
                                    The Netherlands, (iv) the
                                    Federal Republic of Germany
                                    (v) the London Stock
                                    Exchange, (vi) the
                                    Australian Stock Exchange,
                                    (vii) the Johannesburg
                                    Stock Exchange, and any
                                    other Recognised Exchange
                                    on which the Issuer may in
                                    future establish Hedge
                                    Positions in respect of
                                    Reference Components. The
                                    investment strategy of the
                                    Reference Portfolio
                                    Manager, Baobab Investment
                                    Management Proprietary
                                    Limited is to focus on the
                      Reference Portfolio
                      Manager's best investment
                      ideas, both domestic and
                      globally. The Reference
                      Portfolio Manager may
                      decide to hold Money in the
                      short term, but the long-
                      term strategy is to be
                      fully invested in equities
                      by investing in Share
                      Securities and ET
                      Securities as set out in
                      the Reference Portfolio
                      Investment Mandate
                      published in the Pricing
                      Supplement. The Baobab
                      Equity AMCs is suitable for
                      long term investors,
                      targeting capital growth
                      through investment in
                      global equity assets, but
                      wish to invest and retain
                      the investment denominated
                      in South Africa Rand.
                      Holders of this set of AMCs
                      must be willing to tolerate
                      a potentially higher level
                      of volatility and must have
                      an investment time horizon
                      of five years or longer.
                      The Reference Components of
                      this set of AMCs typically
                      exhibit more volatility
                      given their high exposure
                      to the equity markets,
                      which may result in capital
                      losses.

Issue Price:          100 000 cents per AMC
Number of Notes:       200 000 AMCs
Declaration Date:     23 August 2033, subject to
                      Preceding Business Day
                      Convention.
Last Date to Trade:   09 September 2033, subject
                      to Preceding Business Day
                      Convention.
Suspension Date:      12 September 2033
Record Date:          14 September 2033
Maturity/Delivery Date:            15 September 2033, subject
                                   to adjustments as detailed
                                   in the Pricing Supplement.
De-Listing Date:                   15 September 2033
Business Day Convention:           Following Business Day
Placement Agent:                   The Standard Bank of South
                                   Africa Limited

These Notes will be physically settled by delivery of ETFs
(specified in the Pricing Supplement) to holders of the Notes
on the Maturity/Delivery Date specified above.

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

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


Dated: Tuesday, 12 August 2025
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: 12-08-2025 11:08:00
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