STANDARD BANK OF SOUTH AFRICA LD - SCIB: The Standard Bank Of South Africa: notice of rollover of Standard Bank share instalments BTISTE/BTISTF

SCIB: The Standard Bank Of South Africa:  notice of rollover of Standard Bank share instalments BTISTE/BTISTF

THE STANDARD BANK OF SOUTH AFRICA LIMITED

10/05/2017

NOTICE OF ROLLOVER OF STANDARD BANK SHARE INSTALMENTS

The following instalments expired on 09th May 2017. Roll Ratios are:
                                                                                       
       Old Instrument         ISIN                New Instrument          ISIN               Roll Ratio
                                                                        
        BTISTE             ZAE000217733              BTISTF            ZAE000244349            0.85

Number of new Share Instalments =
(Cash Settlement Amount / Price of new Share Instalment on the Expiration Date)*Number of existing
Share Instalments

Where:
-            Cash Settlement Amount = (the closing price of the Underlying Parcel on Expiration Date – the
             Exercise Price of the expiring Share Instalment – any other fees and expenses the Warrantholder is
             liable for in terms of the Conditions);
-              Price of new Share Instalment = closing price of the new Share Instalment on the Expiration Date of
             the old Share Instalment determined by the Issuer as per the matrix offer price based off the closing
             price of the Underlying Security. Note - This may differ from the closing price of the new Share
             Instalment on the JSE as this level is set before the official close of the market at 5.00 p.m.

Please note:
     1. The new Share Instalments will take around 5 Business Days from the Expiration Date of the old series
          to be delivered into the Warrantholders account.


    Warrantholders should ensure that their holdings are registered prior to the Expiration Date as only registered Warrantholders
    will be entitled to the rollover. Share Instalments will be exercisable in accordance with the terms and conditions set out in
    the Common Terms Document, relevant Conditions Annexure/s and/or Supplements. All Share Instalments will be settled via
    STRATE. Please note that the Share Instalments that do not rollover will be settled in accordance with the provisions set out
    in the relevant Conditions Annexure/s and/or Supplements.


Copies of the warrant issue documentation may be
obtained from:
The Standard Bank Of South Africa Limited.
(Registration Number 1962/000738/06)
30 Baker Street, Rosebank
Johannesburg
2001

For further information contact :
Standard Bank Warrants
Tel 0800 111 780
e-mail : derivatives@standardbank.co.za
Sponsor: SBG Securities (Pty) Limited
(A subsidiary of the Standard Bank Group Limited)
(Registration Number: 1972/008305/07)
An authorised user of the JSE Limited

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