The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “AMC009” Tap Issue 1
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "AMC009" Tap
Issue 1
Stock Code: AMC009
ISIN Code: ZAE000326542
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited of a tap issuance of AMC009 Actively Managed
Certificates (AMCs) due 13 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: 13 August 2025
Nominal Issued: ZAR200,000,000.00
Redemption Basis: Linked to the actively
managed Baobab Equity AMC
Reference Portfolio, which
comprises long positions in
shares, exchange traded
funds (ETFs) and Exchange
Traded Notes (ETNs) which
are listed on any
Recognised Exchange located
in (i) the United States of
America, (ii) Canada, (iii)
The Netherlands, (iv) the
Federal Republic of Germany
(v) the London Stock
Exchange, (vi) the
Australian Stock Exchange,
(vii) the Johannesburg
Stock Exchange, and any
other Recognised Exchange
on which the Issuer may in
future establish Hedge
Positions in respect of
Reference Components. The
investment strategy of the
Reference Portfolio
Manager, Baobab Investment
Management Proprietary
Limited is to focus on the
Reference Portfolio
Manager's best investment
ideas, both domestic and
globally. The Reference
Portfolio Manager may
decide to hold Money in the
short term, but the long-
term strategy is to be
fully invested in equities
by investing in Share
Securities and ET
Securities as set out in
the Reference Portfolio
Investment Mandate
published in the Pricing
Supplement. The Baobab
Equity AMCs is suitable for
long term investors,
targeting capital growth
through investment in
global equity assets, but
wish to invest and retain
the investment denominated
in South Africa Rand.
Holders of this set of AMCs
must be willing to tolerate
a potentially higher level
of volatility and must have
an investment time horizon
of five years or longer.
The Reference Components of
this set of AMCs typically
exhibit more volatility
given their high exposure
to the equity markets,
which may result in capital
losses.
Issue Price: 100 000 cents per AMC
Number of Notes: 200 000 AMCs
Declaration Date: 23 August 2033, subject to
Preceding Business Day
Convention.
Last Date to Trade: 09 September 2033, subject
to Preceding Business Day
Convention.
Suspension Date: 12 September 2033
Record Date: 14 September 2033
Maturity/Delivery Date: 15 September 2033, subject
to adjustments as detailed
in the Pricing Supplement.
De-Listing Date: 15 September 2033
Business Day Convention: Following Business Day
Placement Agent: The Standard Bank of South
Africa Limited
These Notes will be physically settled by delivery of ETFs
(specified in the Pricing Supplement) to holders of the Notes
on the Maturity/Delivery Date specified above.
Additional Terms and Conditions: Investors must read the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific Note issuance.
Notes will be deposited in the Central Securities Depository
("CSD") and settlement will take place electronically in terms
of JSE Rules.
Dated: Tuesday, 12 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: 12-08-2025 11:08:00
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