Enhanced Investments - Financial Portal

Financial Instrument Redemption and De-Listing Announcement - “SBEN40"

Published: 2025-01-20 12:21:25 ET

The Standard Bank of South Africa Limited
Financial Instrument Redemption and De-Listing     Announcement   -
“SBEN40”

Stock Code: SBEN40
ISIN Code: ZAE000337580

Final Redemption SBEN40


Holders of the listed SBEN40 Equity Index Linked Notes (“the
Notes”) which are redeeming on Friday, 24 January 2025 are informed
that the level of the index was determined and calculated on
Friday, 17 January 2025 as 13,778.706.

All the SBEN40 Notes issued by The Standard Bank of South Africa
Limited in the notional amount of ZAR,1 000 000 000.00 will be
redeemed and will be de-listed by the JSE Limited effective from
Monday, 27 January 2025. The redemption of the SBEN40 Notes is
because the SBEN40 Notes mature on Friday, 24 January 2025 and
following the redemption, the SBEN40 Notes will be de-listed on
Monday, 27 January 2025. The pay date (as such term is defined in
the Listings Requirements) is Friday, 24 January 2025. All the
Notes (“instruments”) will be withdrawn from the listing and
following the de-listing of these Notes there will be no SBEN40
Notes (“instruments”) remaining as listed instruments.

Last Date to Trade:                 Monday, 13 January 2025
Suspension Date:                    Tuesday, 14 January 2025

Record Date:                        Thursday, 16 January 2025
Payment Date:                       Friday, 24 January 2025
Payment Amount                      On the Payment Date each
                                    Noteholder    will     receive
                                    ZAR1044.498322 per Note
De-Listing Date:                    Monday, 27 January 2025


Dated: Monday, 20 January 2025
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

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.
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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.