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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