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THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Redemption Announcement - RLN004?

Release Date: 02/09/2025 08:31
Code(s): RLN004     PDF:  
Wrap Text
The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “RLN004”

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "RLN004"

Stock Code: RLN004
ISIN Code: ZAE000314894

Final Redemption

Noteholders of RLN004 have elected to early redeem the listed
RLN004 Equity Index Linked Notes ("the Notes") with early
redemption on 30 September 2025 are reminded that:

Valuation Date:                       Monday, 22 September 2025
Valuation Time:                       The time the Index Level is
                                      published on the Valuation
                                      Date
Last Date to Trade:                   Tuesday, 23 September 2025
Notification Date of Final
Redemption value of RLN004 by
11:00am:                              Tuesday, 23 September 2025
Notification Date of whether
RLN004 may or may not de-list:        Tuesday, 23 September 2025
Suspension Date:                      Thursday, 25 September
                                      2025
Record Date:                          Monday, 29 September 2025
Closing date for elections:           Monday, 29 September 2025

Maturity Date (Delivery/Payment):     Tuesday, 30 September 2025
De-Listing Date:                      Wednesday, 01 October 2025

Before or latest on 29 September 2025 ("the Closing Date for
Elections"), holders of the Notes must elect which one of the
options below they wish to follow. Holders of the Notes may
either contact their financial advisors and request their
financial advisors to inform Standard Bank through their
standing communication channels about their clients' elections
or the holders may elect themselves digitally via their broker's
CSDP which of the following options they wish to follow:

  1. Option 1: A holder of the Notes may elect not to follow
     Option 2 or Option 3 below, but rather to roll the
     investment into a new Capital Escalator Note Stock Code:
     RLN150 ISIN Code: ZAE000352316 ("RLN150"). The index level
     of RLN150 will be determined on the Valuation Date (22
     September 2025) at the Valuation Time, which is the same
     date and time on which the final redemption value of RLN004
     will be determined. Due to the difference in time zones,
     holders of the Notes will be informed on Tuesday, 23
     September 2025 what the final redemption value of RLN004
     is. RLN150 will be issued on 30 September 2025 and will be
     delivered to the relevant holders which have elected Option
     1 within one week after the issuing of RLN150.

  2. Option 2: A holder of the Notes may elect to receive
     delivery   of   the  1nvest   TOP40  ETF   (ETFT40)   ISIN:
     ZAE000279212 (such participatory interests herein referred
     to as "the ETFs") which the relevant holder bought on the
     Trade Date of the Notes adjusted to be equal to the
     redemption value of the Notes. The ETFs will be delivered
     to such holder on Tuesday, 30 September 2025 ("the Maturity
     Date").

  3. Option 3: A holder of the Notes may elect not to roll the
     investment into RLN150 (that is, not to follow Option 1)
     or not to receive delivery of the ETFs on the Maturity Date
     (that is, not to follow Option 2), but may elect to rather
     instruct Standard Bank to sell the ETFs on behalf of the
     holder of the Notes and pay the redemption amount of such
     sale of the ETFs to the holder of the Notes on Tuesday, 30
     September 2025("the Maturity Date") to the account of the
     holder.

  4. If Standard Bank receives no notice from either the
     holder's Independent Financial Advisor or the holder does
     not digitally elect before or on 23 September 2025 Option
     1 or Option 2 Standard Bank will assume that the holder had
     elected Option 3 (which is the default election) that is,
     that the holder had instructed Standard Bank to sell the
     ETFs on behalf of such holder and make payment of the
     proceeds of the sale of such ETFs to the account of such
     holder on Tuesday, 30 September 2025 ("the Maturity Date").

After the issue of RLN150 (Option 1) or delivery of the ETFs
(Option 2), or payment of the sale proceeds of the ETFs (Option
3), Wednesday, 01 October 2025, the Notes (RLN004) will be de-
listed from the JSE.

Dated: Tuesday, 02 September 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: 02-09-2025 08:31:00
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