Enhanced Investments - Financial Portal

SCIB: The Standard Bank of South Africa Ltd -Adjustments to T's and Cs of the Knockout Warrants

Published: 2023-05-12 15:10:28 ET

The Standard Bank of South Africa Limited

2023/05/12

ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD
BANK GROUP KNOCKOUT WARRANTS

Following the issuance of KNOCKOUT WARRANT (“TOPSKU”) on the 10 May
2023.

Notice is hereby given that the terms of the TOPSKU warrant will be adjusted to a
European barrier Call with a down and out strike price / knockout level of 68000.

The following warrants will be affected by this adjustment:

Existing Terms

     ISIN      JSE Code Exercise Price Conversion Ratio Expiry Exercise Style
ZAE000321485 TOPSKU            76000             500           6 Feb-24 European Call

New Terms

    ISIN       JSE Code Exercise Price Conversion Ratio Expiry Exercise Style
ZAE000321485 TOPSKH           68000             500           6 Feb-24 European Call

The Effective Date of the adjustment shall be 16th May 2022.

This Notice together with the Common Terms Document and Conditions Annexure
record the terms and conditions of the agreement between the Parties. Any terms
used in this Notice which are defined in the Common Terms Document, Conditions
Annexure and the relevant Supplements shall bear the meaning ascribed to them
therein, unless specifically stated otherwise herein. Other than as set out herein, the
terms and conditions set out in the Common Terms Document, Conditions Annexure
and relevant Supplements remain unchanged and in full force and effect.

Please note that Share Instalments are subject to selling restrictions and prospective
purchases are referred to the relevant Conditions Annexure for details of such
restrictions.

For further information contact:
Standard Bank
Warrants
Tel 0800 111 780
Email: derivatives@standardbank.co.za
Issuer: The Standard Bank of South Africa Limited
Sponsor: SBG Securities (Pty) Ltd
(A subsidiary of the Standard Bank Group Limited)
(Incorporated in the Republic of South Africa, 13 March 1962, Registration number
1972/008305/07)

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.