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The Standard Bank of South Africa Limited - Issue of Standard Bank Equity Index and Credit Linked Note - SBEN18

Published: 2023-03-22 12:15:22 ET
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The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SBEN18”

Stock Code: SBEN18
ISIN Code: ZAE000320537

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBEN18 Equity Index Linked and Credit
Linked Notes due 20 December 2027 - 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)           ZAR74 165 767 089.61

Full Note details are as follows:
Issue Date:                         22 March 2023
Nominal Issued:                     ZAR40 000 000.00
Redemption Basis:                   Equity Index Linked and
                                    Credit Linked
Issue Price:                        100 000 ZA cents per Note
Number of Notes:                    40 000 Notes
Maturity Date:                      20 December 2027, subject
                                    to adjustments as detailed
                                    in the Pricing Supplement.
Business Day Convention:            Following Business Day
Last Date to Trade:                 06 December 2027 and if
                                    this day is not an Exchange
                                    Business Day, the Exchange
                                    Business Day immediately
                                    preceding this day
Suspension Date:                    07 December 2027
Record Date:                        09 December 2027
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: 22 March 2023
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