To view the PDF file, sign up for a MySharenet subscription.

THE STANDARD BANK OF SOUTH AFRICA LIMITED - SCIB: The Standard Bank Of South Africa - Notice of rollover of instalments

Release Date: 05/10/2017 08:45
Code(s): KIOSTM NPNSTL RDFSTG     PDF:  
Wrap Text
SCIB: The Standard Bank Of South Africa - Notice of rollover of instalments

THE STANDARD BANK OF SOUTH AFRICA LIMITED

05/10/2017

NOTICE OF ROLLOVER OF STANDARD BANK SHARE INSTALMENTS

The following instalments expired on 04th October 2017. Roll Ratios are:
          Old                                        New                                     Roll
                               ISIN                                         ISIN
      instrument                                 Instrument                                 Ratio
        KIOSTM           ZAE000227633              KIOSTN            ZAE000250007           1.318
        NPNSTL           ZAE000227625              NPNSTM            ZAE000249975           1.137
        RDFSTG           ZAE000227609              RDFSTH            ZAE000249983           0.582

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

Date: 05/10/2017 08:45:00 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.

Share This Story