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Financial Instrument Redemption Announcement - “SBEN07”
The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "SBEN07"
Stock Code: SBEN07
ISIN Code: ZAE000309092
Final Redemption SBEN07
Holders of the listed SBEN07 Equity Share Basket Linked Notes
("the Notes") which are redeeming on 10 March 2025 are informed
that the level of the Equity Share Basket Linked Note was
determined and calculated on 03 March 2025 as 126.4368.
Following this determination and calculation holders of the
Notes are advised as follows:
1. Holders instruct Standard Bank to sell the Share Basket on
behalf of the holders of the Notes and pay the redemption
amount of such sale of the Share Basket to the holder of
the Notes, will receive on 10 March 2025 an amount of 615
058.00 South African cents per Note equivalent to the value
of the relevant Share Basket held by them on the Record
Date.
2. After payment of the sale proceeds of the Share Basket on
Monday 10 March 2025, the Notes (SBEN07) will be de-listed
from the JSE on Tuesday 11 March 2025.
Dated: Tuesday, 04 March 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: 04-03-2025 02:55:00
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