The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “AMC003” Tap Issue 1
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "AMC003" Tap
Issue 1
Stock Code: AMC003
ISIN Code: ZAE000316923
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited of a tap issuance of AMC003 Actively Managed
Certificates (AMCs) due 05 August 2025 - sponsored by The
Standard Bank of South Africa Limited ("the Issuer") under its
Structured Note Programme ("the Programme") dated 20 December
2024 which can be found on the Issuer's website.
Authorised Programme size ZAR150 000 000 000
Total notes issued
(including current issue) ZAR114,309,234,461.59
Full details of AMCs Tap Issue 1 are as follows:
Issue Date: 07 August 2025
Nominal Issued: ZAR200,000,000.00
Redemption Basis: Linked to the actively
managed CGAM Focussed
Equity Portfolio as the
Reference Portfolio
comprising at any time a
long only investment in no
more than 15 shares which
are listed on a Recognised
Exchange in South Africa.
By a process of fundamental
analysis, valuation
discipline, patience, and a
belief that inefficient
markets create
opportunities in mispriced
assets, and without the use
of leverage, the Reference
Portfolio Manager,
ClucasGray Asset Management
will actively manage the
Reference Portfolio with
the aim of outperforming
the returns of the J433T –
JSE Capped Swix Total
Return Index, over time.
Issue Price: 100 000 ZA cents per Notes
Number of Notes: 200 000 AMCs
Declaration Date: 09 November 2032, subject
to Preceding Business Day
Convention.
Last Date to Trade: 23 November 2032, subject
to Preceding Business Day
Convention.
Suspension Date: 24 November 2032
Record Date: 26 November 2032
Maturity/Delivery Date: 01 December 2032, subject
to adjustments as detailed
in the Pricing Supplement.
De-Listing Date: 02 December 2032
Business Day Convention: Following Business Day
Placement Agent: The Standard Bank of South
Africa Limited
Additional Terms and Conditions: Investors must read the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific AMC issuance.
The AMCs will be deposited in the Central Securities
Depository ("CSD") and settlement will take place
electronically in terms of JSE Rules.
Dated: Wednesday, 06 August 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: 06-08-2025 11:05:00
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