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The Standard Bank of South Africa Limited - Issue of Tranche 2 of SBRN24 Notes

Published: 2022-05-12 09:45:34 ET
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The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement-SBRN24-Tranche 2

Stock Code: SBRN24
ISIN Code: ZAE000309712

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – of Tranche 2 of SBRN24 Equity Index Linked
Notes due 06 October 2025 - 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           ZAR80 000 000 000
Total notes issued
(including current issue)           ZAR66 119 235 397.16
Full Note details for Tranche 2 are as follows:
Issue Date of Tranche 2:           12 May 2022
Nominal Issued under Tranche 2:    ZAR100 000
Redemption Basis:                  Equity Index Linked
Issue Price:                       500 000 ZA cents per Note
Number of Notes of Tranche 2:      20 Notes
Number of Notes Tranche 1 and 2:   25 033 Notes
Maturity Date:                     06 October 2025, subject to
                                   adjustments as detailed in
                                   the Pricing Supplement.
Business Day Convention:           Following Business Day
Last Date to Trade:                22 September 2025
Record Date:                       26 September 2025, and if
                                   this date is not an
                                   Exchange Business Day, the
                                   Exchange Business Day
                                   immediately preceding the
                                   Record Date.
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: 11 May 2022
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