Enhanced Investments - Financial Portal

Late Corporate Action Announcement - “RLN034”

Published: 2024-03-07 14:34:11 ET

The Standard Bank of South Africa Limited
Late Corporate Action Announcement - “RLN034”

Stock Code: RLN034
ISIN Code: ZAE000320693

The First Interim Period in respect of the RLN034 Notes ends on
22 March 2024. The Total First Interim Redemption Amount will
be paid on 22 March 2024.

On 22 March 2024, Standard Bank will pay ZAR600.00 per Note
(“the Total First Interim Payment Amount”) to the holders of
RLN034 Notes. Since the Total First Interim Payment Amount
includes repayment of 50% of the capital of the initial purchase
price of the Notes, the Issuer will on 22 March 2024 reduce the
base costs of the Notes (that is the specified denomination of
the Notes) to ZAR500.00 per Note to account for the reduction
in the initial capital used to purchase the Notes.

First Interim Period
Maturity Date:                                  22 March 2024

Total First Interim Payment Amount per Note: ZAR600.00
(comprising):

Capital Reduction amount
(ZAR500.00 Per Note):                           ZAR500.00

Interest Earned (20% Return on the Capital
Reduction amount) (ZAR100.00 Per Note):         ZAR100.00

Last Day to Trade:                              15 March 2024

Ex-date:                                        18 March 2024

Record Date:                                    20 March 2024

Payment Date:                                   22 March 2024


Dated: 07 March 2024
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

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.

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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.