THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited - First Interim Redemption - RLN025

The Standard Bank of South Africa Limited - First Interim Redemption - RLN025

The Standard Bank of South Africa Limited
Corporate Action Announcement - "RLN025"

Stock Code: RLN025
ISIN Code: ZAE000318598

The First Interim Period in respect of the RLN025 Notes ends on
29 January 2024. The Total First Interim Redemption Amount will
be paid on 29 January 2024.

On 29 January 2024, Standard Bank will pay ZAR600.00 per Note
("the Total First Interim Payment Amount") to the holders of
RLN025 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 29 January 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:                               29 January 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:                           23 January 2024

Ex-date:                                     24 January 2024

Record Date:                                 26 January 2024

Payment Date:                                29 January 2024


Dated: 02 January 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: 02-01-2024 12:45:00
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