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THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Final Redemption Announcement - SBRN07?

Release Date: 20/05/2026 12:36
Code(s): SBRN07     PDF:  
Wrap Text
The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - “SBRN07”

The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - "SBRN07"

Stock Code: SBRN07
ISIN Code: ZAE000299004

Final Redemption SBRN07

Holders of the listed SBRN07 Index Linked Notes ("the Notes")
which are redeeming on Wednesday 27 May 2026 are informed that
the level of the index was determined and calculated on Tuesday
19 May 2026 as 218.54, and the FX Final Level was determined and
calculated on Wednesday 20 May 2026 as ZAR 16.6439/USD1.00.

Following this determination and calculation holders of the
Notes are advised as follows:

  1. Option 1: Holders who elected to receive delivery of 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, will receive the relevant ETFs (allocated to
     their accounts on 27 May 2026).

  2. Option 2: Holders who elected not to receive delivery of
     the ETFs on the Maturity Date (that is, not to follow Option
     1), but elected to instruct Standard Bank to sell the ETFs
     on behalf of the holders of the Notes and pay the redemption
     amount of such sale of the ETFs to the holder of the Notes,
     will receive on 27 May 2026 an amount of 357 661 South
     African cents per the Note equivalent to the value of the
     relevant ETFs held by them on the Record Date.

  3. Holders who did not make an election from options 1 to 2
     by 12:00pm on Thursday, 21 May 2026, option 2 will apply
     by default.

  4. After the delivery of the ETFs (Option 1) on 27 May 2026
     or payment of the sale proceeds of the ETFs (Option 2) on
     27 May 2026, the Notes (SBRN07) will be de-listed from the
     JSE on Thursday, 28 May 2026.


Dated: Wednesday, 20 May 2026


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: 20-05-2026 12:36:00
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