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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBRN66?

Release Date: 24/02/2025 09:20
Code(s): SBRN66     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SBRN66”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBRN66"

Stock Code: SBRN66
ISIN Code: ZAE000343711

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBRN66 Equity Index Linked Notes due
28 August 2028, - sponsored by The Standard Bank of South Africa
Limited ("the Issuer") under its Structured Note Programme ("the
Programme") dated 26 January 2021 which can be found on the
Issuer's website.

Authorised Programme size           ZAR120,000,000,000
Total notes issued
(including current issue)           ZAR102,667,722,429.70

Full Note details are as follows:
Issue Date:                         25 February 2025

Nominal Issued:                     ZAR34,271,000.00

Redemption Basis:                   Equity Index Linked

Issue Price:                        100%

Number of Notes:                    34 271 Notes

Declaration Date:                   31 July 2028, and if such
                                    day is not an Exchange
                                    Business Day, the Exchange
                                    Business Day immediately
                                    preceding that day.

Business Day Convention:            Following Business Day

Last Date to Trade:                 15 August 2028, and if such
                                    day is not an Exchange
                                    Business Day, the Exchange
                                    Business Day immediately
                                    preceding that day.

Suspension Date:                    16 August 2028, being the
                                    date, on which trading in
                                    the Notes will be suspended
                                    by the Exchange.

Record Date:                        18 August 2028, and if such
                                    day is not an Exchange
                                    Business Day, the Exchange
                                    Business Day on which the
                                    Notes settles in accordance
                                    with the regular settlement
                                    cycle following the Last
                                    Date to Trade as the trade
                                    date.

Maturity / Delivery Date:           28 August 2028, subject to
                                    adjustment

De-Listing Date:                    29 August 2028

Placement Agent:                    The Standard Bank of South
                                    Africa Limited

Additional Terms and Conditions: Investors should study 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: 24 February 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: 24-02-2025 09:20:00
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