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THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Redemption Announcement - RLN009?

Release Date: 21/10/2025 11:20
Code(s): RLN009     PDF:  
Wrap Text
The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “RLN009”

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "RLN009"


Stock Code: RLN009
ISIN Code: ZAE000315693


RLN009 Final Redemption / RLN155 Issuance


Holders of the listed RLN009 Equity Index Linked Notes ("the
Notes") which are redeeming on 27 October 2025 are informed that
the level of the index was determined and calculated on
20 October 2025 as 103848.1.


Following this determination and calculation holders of the
Notes are advised as follows:


1.   Option 1: Holders who elected not to follow Option 2 or
     Option    3   mentioned  in  the   SENS   Announcement  of
     08 October 2025, but rather to roll their investment in
     RLN009 Notes into a new Capital Escalator ("RLN155"), the
     level of the Index was determined on 20 October 2025 as
     103848.1. For each RLN009 Note that is rolled into RLN155
     Notes (ISIN ZAE000353926), the holders will receive 1.35
     RLN155 Notes (ISIN ZAE000353926) per RLN009 Note allocated
     to their custody accounts on 27 October 2025.


2.   Option 2: Holders who elected to receive delivery of the
     ETFs which the relevant holder bought on the Trade Date of
     the Notes adjusted to the approximate redemption value of
     the Notes, will receive the relevant ETFs (allocated to
     their accounts on 27 October 2025.


3.   Option 3: Holders who elected not to roll the investment
     into RLN155 (that is, not to follow Option 1) or not to
     receive delivery of the ETFs on the Maturity Date (that is,
     not to follow Option 2), but elected to instruct Standard
     Bank to sell the ETFs on behalf of the holders of the Notes
     and pay the redemption amount of such sale of the ETFs to
     the holder of the Notes, will receive on 27 October 2025 an
     amount of 135000 South African cents per the Note equivalent
     to the value of the relevant ETFs held by them on the Record
     Date.
4.   Holders who do not make an election from options 1 to 3 by
     12:00pm on 24 October 2025, option 3 will apply by default.


5.   After the issue and delivery of the RLN155 Notes (Option 1)
     or delivery of the ETFs (Option 2) on 27 October 2025 or
     payment of the sale proceeds of the ETFs (Option 3) on
     27 October 2025, the Notes (RLN009) will be de-listed from
     the JSE on 28 October 2025.



Dated: 21 October 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: 21-10-2025 11:20:00
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