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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - RLN118?

Release Date: 25/02/2025 12:06
Code(s): RLN118     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “RLN118”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "RLN118"

Stock Code: RLN118
ISIN Code: ZAE000344453

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – RLN118 Equity Index Linked Notes due -
sponsored by The Standard Bank of South Africa Limited ("the
Issuer") under its Structured Note Programme ("the Programme")
dated 26 January 2021 which can be found on the Issuer's
website.

Authorised Programme size           ZAR120 000 000 000
Total notes issued
(including current issue)           ZAR102,667,722,429.70

Full Note details are as follows:
Issue Date:                         26 February 2025
Nominal Issued:                     ZAR14,710,000.00

Redemption Basis:                   Equity Index Linked
Issue Price:                        100%
Number of Notes:                    14,710 Notes

Declaration Date:                   31 July 2028,     and if such
                                    day is not       an Exchange
                                    Business Day,    the Exchange
                                    Business   Day     immediately
                                    preceding that   day.


Last Date to Trade:                 15 August 2028, and if such
                                    day is not an Exchange
                                    Business Day, the Exchange
                                    Business   Day  immediately
                                    preceding that day. 16


Suspension Date:                    16 August 2028, being the
                                    date, on which trading in
                                    the Notes will be suspended
                                    by the Exchange.


Record Date:                        18 August 2028, and if such
                                    day is not an Exchange
                                    Business Day, the Exchange
                                    Business Day on which the
                                    Notes settles in accordance
                                    with the regular settlement
                                    cycle following the Last
                                    Date to Trade as the trade
                                    date.


Maturity/Delivery Date:             28 August 2028, is the
                                    scheduled   Date, which is
                                    also                    the
                                    delivery date of the ETFs,
                                    provided,   this  date   is
                                    subject    to    adjustment
                                    as set out above., subject
                                    to adjustments as detailed
                                    in the Pricing Supplement.

De-Listing Date:                    29 August 2028, is the
                                    scheduled   Date which date
                                    is                  subject
                                    to   adjustment    if   the
                                    Maturity Date is adjusted.

Business Day Convention:            Preceding 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: 25 February 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: 25-02-2025 12:06:00
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