Enhanced Investments - Financial Portal

SBT103-Full Redemption

Published: 2024-02-12 13:00:32 ET

STANDARD BANK GROUP LIMITED
(REGISTRATION NUMBER 1969/017128/06)

Stock Code: SBT103     ISIN Code: ZAG000157157

Redemption of ZAR 1,942,000,000 Additional Tier 1 Notes issued on 20
February 2019 under the Standard Bank Group Limited’s ZAR50 000 000 000
Domestic Medium Term Note Programme dated 13 November 2018.

On 20 February 2019, Standard Bank Group (“Standard Bank”) issued
ZAR 1,942,000,000 Additional Tier 1 Notes (the “SBT103 Notes”).
The SBT103 Notes are subject to the terms and conditions contained in
the Programme Memorandum dated 13 November 2018 (the “Programme
Memorandum”) as read together with the Applicable Pricing Supplement
issued in respect of the SBT103 Notes dated 15 February 2019 (the
“Applicable Pricing Supplement”).
In terms of the Applicable Pricing Supplement, Standard Bank has the
option to redeem the SBT103 Notes on 31 March 2024, subject to the prior
written approval of the Prudential Authority.
Pursuant to Condition 33(a) of the Applicable Pricing Supplement and
having obtained the requisite prior written approval from the Prudential
Authority, Standard Bank hereby gives notice that it shall redeem the
SBT103 Notes on 31 March 2024 at 100% of the aggregate nominal amount
thereof, together with any interest accrued thereon up until that date.

Last Day to Register              By 17h00 on Wednesday, 20 March 2024
Books Closed                       Thursday, 21 March 2024
Payment Day                       Thursday, 28 March 2024 (adjusted from
                                  31 March 2024 for Modified Following
                                  Business Day Convention)

Dated 12 February 2024

For further information contact:
Standard Bank
Jan Brits
Email: jan.brits2@standardbank.co.za

Debt Sponsor: Standard Bank

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

Important disclosures

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.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
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.