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New Financial Instrument Listing Announcement - “SBC001”

Published: 2023-12-19 11:19:30 ET
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The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SBC001”

Stock Code: SBC001
ISIN Code: ZAG000202268

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC001 Senior Unsecured Floating Rate
Credit Linked Notes due 28 February 2031- sponsored by The
Standard Bank of South Africa Limited, under its Structured Note
Programme.

Authorised Programme size           ZAR120,000,000,000
Total notes issued
(including current issue)           ZAR80,156,466,601.19

Full Note details are as follows:
Issue Date:                         20 December 2023
Nominal Issued:                     ZAR40,000,000

Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus    1.75%    per     the
                                    Applicable           Pricing
                                    Supplement.

Coupon Indicator:                   Floating   Rate      Notes   -
                                    Floating


Interest Determination Dates:       Each 28 February, 31 May, 31
                                    August and 30 November of
                                    each year (and during a leap
                                    year,      the      Interest
                                    Determination Date will be
                                    29 February rather than 28
                                    February), commencing on the
                                    Issue Date.
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      28 February 2031
Interest Commencement Date:         Issue Date
First Interest Payment Date:        28 February 2024 and during
                                    a leap year, the Interest
                                    Payment Date will be 29
                                    February.

Interest Payment Dates:             Each 28 February, 31 May, 31
                                    August and 30 November of
                                    each year until the Maturity
                                   Date,    with    the     first
                                   Interest Payment Date being
                                   28 February 2024 and during
                                   a leap year, the Interest
                                   Payment Date will be 29
                                   February   rather    than   28
                                   February.


Business Day Count/Convention:     Actual/365(Fixed)         and
                                   Following Business Day

Books Close:                       From each 23 February, 26
                                   May,   26  August    and  25
                                   November of each year (and
                                   during a leap year, the
                                   Books Closed Period will be
                                   24 February rather than 23
                                   February),     until     the
                                   applicable Interest Payment
                                   Date
Last day to register:              17h00 on 22 February, 25
                                   May, 25 August and 24
                                   November of each year (and
                                   during a leap year, the
                                   Last Day to Register will
                                   be 23 February rather than
                                   22 February), until the
                                   Maturity Date. If such day
                                   is not a Business Day, the
                                   Business Day before each
                                   Books Closed Period until
                                   the Maturity Date

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 19 December 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