THE STANDARD BANK OF SOUTH AFRICA LIMITED - Corporate Action Correction Announcement - SBRN010?

Corporate Action Correction Announcement - “SBRN010”

The Standard Bank of South Africa Limited
Corporate Action Correction Announcement - "SBRN010"


Stock Code: SBRN10
ISIN Code: ZAE000300117


The Second Interim Period in respect of the SBRN010 Notes ends
on 12 December 2024. The Total Second Interim Redemption
Amount will be paid on 19 December 2024.


On 19 December 2024, Standard Bank will pay ZAR1 562.50 per Note
("the Total Second Interim Redemption Amount") to the holders
of SBRN010 Notes. Since the Second Interim Redemption Amount
includes repayment of 25% of the capital repayments of the
initial purchase price of the Notes, the Issuer will on 19
December 2024 reduce the base costs of the Notes (that is the
specified denomination of the Notes) to ZAR2500.00 per Note to
account for the reduction in the initial capital used to purchase
the Notes.


Second Interim Period
Maturity Date:                                19 December 2024


Total Second Interim Redemption Amount, per Note: ZAR1 562.50
(comprising):


Capital Reduction amount
(ZAR5 000.00 Per Note):                            ZAR1 250.00


Fixed Coupon (25% Return on the Notional Amount
(ZAR5000.00 Per Note):                             ZAR312.50

Last Day to Trade:                            12 December 2024


Ex-date:                                      13 December 2024


Record Date:                                  18 December 2024


Payment Date:                                 19 December 2024


Dated: 13 December 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

Date: 13-12-2024 04:50:00
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