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UBS AG LONDON BRANCH - Extension of the Expiration Date of UBS Actively Managed Certificate ("AMC") issued on 19 October 2018 (Series 5)

Release Date: 26/09/2023 10:45
Code(s): UPCHPA     PDF:  
Wrap Text
Extension of the Expiration Date of UBS Actively Managed Certificate ("AMC") issued on 19 October 2018 (Series 5)

UBS AG, London Branch
(“UBS AG” or the “Company”)
(Incorporated and domiciled in Switzerland)
(Registration number: CHE-101.329.561)

Extension of the Expiration Date of UBS Actively Managed Certificate
("AMC") issued on 19 October 2018 (Series 5)

ALPHA CODE:       UPCHPA
ISIN:             ZAE000263943

Noteholders of the abovementioned AMC issued on 19 October 2018
("Noteholders") are referred to the amended and restated Final Terms dated
07 May 2021 in connection with the Information Memorandum dated 16
September 2019, as supplemented, updated or replaced from time to time
("Terms").

The Issuer hereby notifies Noteholders that it wishes to extend the
Expiration Date of the abovementioned AMC for a period of 5 years in
accordance with the Terms.

Noteholders will be automatically rolled into the extended 5 year period
and will continue to hold their AMC.

However, Noteholders can elect to redeem their AMC on the Original
Expiration Date (17 October 23) but will be required to notify their
broker or central securities depositary participant by making the relevant
election in the manner requested ("Expiration Extension Termination
Option"). Noteholders should refer to the previous announcement dated 20
July 2023 for all relevant information regarding the extension and salient
dates.

Salient Dates:

The following timetable sets out expected dates for the redemption of the
AMC:
Declaration Date                               Tuesday, 26 September 2023

Indicative Reference Portfolio Value (“RPV”)   Tuesday, 03 October 2023
to be updated and published on SENS by 11.00
Last Day to Trade in order to participate      Tuesday, 10 October 2023
in the redemption of AMC
Ex Date                                        Wednesday, 11 October 2023
Election closing by 12:00                      Friday, 13 October 2023
Record Date for Noteholders wishing to         Friday, 13 October 2023
redeem their AMC to be on the relevant
register by close of business
Expiration Date                                Tuesday, 17 October 2023
Determination of Optional Redemption Amount    Wednesday, 18 October 2023
and announcement of amount
Payment of Optional Redemption Amount          Monday, 23 October 2023
Expected to be finalised by end of day

Notes:
1. All dates and times are references to South African standard time,
    unless otherwise specified.
2. The dates above are indicative and may be changed by notice given on
    SENS.
3. If no Expiration Extension Termination Option is exercised by the
    Original Expiration Date, being Tuesday, 17 October 2023, the
    Noteholder will be deemed not to have exercised any Expiration
    Extension Termination Option and will continue to hold their AMC.

The indicative Reference Portfolio Value (“RPV”) as at date of this
announcement is ZAR 149.9951 (Zac 14999.51) per Note.

For further information regarding the redemption and/or the AMC, please
contact:

UBS KeyInvest South Africa
Tel.: +27 11 322 7129 / 7317
E-mail: keyinvestza@ubs.com
Web: http://keyinvest-za.ubs.com

Johannesburg
26 September 2023

Sponsor: UBS South Africa (Pty) Limited
Date: 26-09-2023 10:45:00
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