The Standard Bank of South Africa Limited Debt Board: Amendment Announcement – “SBC283”
The Standard Bank of South Africa Limited
Debt Board: Amendment Announcement – “SBC283”
Stock Code: SBC283
ISIN Code: ZAG000227950
SBC283 Senior Unsecured Mixed Rate Credit Linked Note due 20
June 2031 - sponsored by The Standard Bank of South Africa
Limited (acting through its Corporate and Investment Banking
Division), issued under its Structured Note Programme, has been
amended as follows:
(1) Paragraph 57 of the Applicable Pricing Supplement:
(A) by deleting “Not Applicable” in paragraph 57 and
replacing it with “Applicable, subject to the provisions
of paragraph 85.1 below”;
(B) inserting the following sub provisions under paragraph
57 (Redemption at the Option of the Issuer (Call Option))
-
“ If applicable
(a) Optional Redemption Date(s) (Call): The day which
is 5 Business Days following the date on which the
Issuer gives notice of its election to exercise its
right to redeem the Notes early in accordance with
paragraph 85.1 below (the “Optional Redemption
Notice”).
(b) Optional Redemption Amount(s) (Call) and method, if
any, of calculation of such amount(s): At the Unwind
Value, determined by the Calculation Agent on the
day which is as close as reasonably practicable to
the date on which the Issuer delivers the Optional
Redemption Notice, for settlement on the Optional
Redemption Date (Call).
(c) Minimum period of notice (if different from
Condition 7.3 (Early Redemption at the option of
the Issuer (Call Option)): 5 Business Days
(d) If redeemable in part: Not applicable
(i) Minimum Redemption Amount(s): Not
applicable
(ii) Higher Redemption Amount(s): Not applicable
(e) Other terms applicable on Redemption: Not
applicable”
(2) Paragraph 59 of the Applicable Pricing Supplement:
By deleting the provision in paragraph 59 “Applicable and as set
out in Condition 7.7 (Early Redemption Amounts)” and replacing
it with “Unwind Value, determined by the Calculation Agent on
the day which is as close as reasonably practicable to the
relevant date on which the Notes are to be redeemed.”
This amendment is effective on the Issue Date (as defined in the
Applicable Pricing) and has been made in accordance with
Condition 18.1 of The Standard Bank of South Africa Limited’s
Structured Note Programme dated 20 December 2024 to correct a
manifest errors.
Save for the rectification of the manifest errors, the
remainder of the terms of the Applicable Pricing Supplement
remain unchanged.
The amended Applicable Pricing Supplement is available for
inspection via the Issuer’s website:
https://www.standardbank.com/sbg/standard-bank-group/investor-
relations/debt-investors/zar-structured-note-programme
Dated: 01 October 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: 01/10/2026 03:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.