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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBC183?

Release Date: 06/08/2025 11:55
Code(s): SBC183     PDF:  
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New Financial Instrument Listing Announcement - “SBC183”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - "SBC183"

Stock Code: SBC183
ISIN Code:   ZAG000217878

The JSE Limited has granted a listing to Th e Standard Bank of
South AFRICA Limited – SBC183 Senior Unsecured floating Rate
Notes due 31 January 2037 - sponsored by The Standard Bank of
South Africa Limited, under its Structured Note Programme.

Authorised Programme size           ZAR150,000,000,000

Total notes issued                  ZAR114,845,172,461.59.
(including current issue)

Full Note      details   are   as
follows:

Issue Date:                         07 August 2025

Nominal Issued:                     ZAR100,000,000

Coupon Rate:

                                    (i) Where the Issuer has
                                    exercised    its    option    to
                                    convert the
                                    Floating Rate Notes to Fixed
                                    Rate Notes in terms of the
                                    Applicable Pricing Supplement,
                                    the floating rate will be from,
                                    and including, the Interest
                                    Commencement    Date   to,   but
                                    excluding,    31   July    2030;
                                    three-month     ZAR-JIBAR-SAFEX
                                    plus 2.10% quarterly; and the
                                    Fixed Rate will be from, and
                                    including, 31 July 2030 until,
                                    but excluding, the Maturity
                                    Date: Fixed 11.10% per annum
                                    payable quarterly in arrears


                                    (ii) Where the Issuer has not
                                    exercised   its    option   to
                                    convert the
                                    Floating Rate Notes to Fixed
                                    Rate Notes in terms of the
                                    Applicable Pricing Supplement,
                                    from,   and   including,   the
                                    Interest Commencement Date to,
                                    but excluding, the Maturity
                                    Date: three-month ZAR-JIBAR-
                                    SAFEX plus 2.10% quarterly

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Coupon Indicator:                   Fixed Rate Notes – Fixed
                                    Floating Rate Notes -
                                    Floating

Interest Determination Dates:       In respect of:

                                    Fixed   Rate           Notes       –   Not
                                    Applicable

                                    Float Rate Notes - (i)Where the
                                    Issuer   has    exercised   its
                                    option to convert the Floating
                                    Rate Notes to Fixed Rate Notes
                                    in terms of paragraph 34(h)
                                    above the Applicable Pricing
                                    Supplement, the floating rate
                                    will be, each 31 January, 30
                                    April, 31 July, 31 October of
                                    each year, commencing on Issue
                                    Date until (but excluding) 31
                                    July 2030 and where the Issuer
                                    has not exercised its option
                                    in terms of the above, the last
                                    Interest determination Date
                                    will be Scheduled Maturity
                                    Date,       rather    than   31
                                    July 2030;

Trade Type:                         Price

Issue Price:                        100%

Maturity Date:                      31 January 2037

Interest Commencement Date:         Issue Date

First Interest Payment Date:        31 October 2025

Interest Payment Dates:             In respect of:

                                    Fixed Rate Notes - Each 31
                                    January, 30 April, 31 July, 31
                                    October of each year until the
                                    Maturity Date, with the first
                                    Interest Payment Date being 31
                                    October 2030 or, if such day
                                    is not a Business Day, the
                                    Business Day on which the
                                    interest will be paid, as
                                    determined in accordance with
                                    the applicable Business Day
                                    Convention (as specified in
                                    this    Applicable     Pricing
                                    Supplement)


                                    Floating Rate Notes –(i) Where
                                    the Issuer has exercised its
                                    option in terms of paragraph
                                    34(h) above, each 31 January,
                                    30 April, 31 July, 31 October
                                    of   each   year   until   (and
                                    including) 31 July 2030 with
                                    the first Interest Payment
                                    Date being 31 October 2025, and
                                    where and the Issuer has not
                                    exercised its option in terms
                                    of the above, the last Interest
                                    Payment Date will be Scheduled
                                    Maturity Date, rather than 31
                                    July 2030
Business Day Count/Convention:      Actual/365(Fixed)and Following
                                    Business Day.

Books Close:                        The   Books    Closed   Period
                                    (during which the Register
                                    will be closed) will be from
                                    each 26 January, 25 April, 26
                                    July and 26 October, until the
                                    applicable Interest Payment
                                    Date.

Last day to register:               17h00 on 25 January, 24 April,
                                    25 July and 25 October of each
                                    year, or if such day is not a
                                    Business Day, the Business Day
                                    before   each   Books   Closed
                                    Period.
Placement Agent:                    The Standard Bank    of   South
                                    Africa Limited

Debt   Security   subject  to
guarantee; security or credit
enhancement:                        Not Applicable


Additional Terms and Conditions: Investors should study the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific issuance.

Notes will be deposited in the Central Depository ("CSD") and
settlement will take place electronically in terms of JSE Rules.

Dated 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 11:55:00
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