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THE STANDARD BANK OF SOUTH AFRICA LIMITED - Financial Instrument Redemption and De-Listing Announcement - SBEN40"

Release Date: 20/01/2025 11:21
Code(s): SBEN40     PDF:  
Wrap Text
Financial Instrument Redemption and De-Listing Announcement - “SBEN40"

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Notes ("instruments") will be withdrawn from the listing and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

Date: 20-01-2025 11:21:00
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