Enhanced Investments - Financial Portal

CANCELLATION OF S480178 Delisting of Financial Instrument Announcement - “SBEN21”

Published: 2023-09-21 18:40:58 ET

The Standard Bank of South Africa Limited
Delisting of Financial Instrument Announcement - “SBEN21”

Stock Code: SBEN21
ISIN Code: ZAE000322160


The Standard Bank of South Africa Limited has repurchased the
entire issue of SBEN21 Listed Note issued under its Structured
Note Programme with Suspension Date being 7 June 2028 and
Maturity Date being 20 June 2028 as at the Issue Date (which
are no longer applicable), and has requested the JSE Limited
that SBEN21 be de-listed effective 26 September 2023.


The purpose for the repurchase is due to the Noteholders
redeeming all the Notes and have effectively been paid in full
by the Issuer.


The new salient dates for the early termination are set out
below:


Suspension date                 Wednesday, 20 September 2023
Termination date                Tuesday, 26 September 2023


There is no payment due to paid for SBEN21.

Dated: 20 September 2023


Sponsor – The Standard Bank of South Africa Limited
For further information on this Note please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za




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

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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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.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.