THE STANDARD BANK OF SOUTH AFRICA LIMITED - SCIB: The Standard Bank Of South Africa- AGL warrant terms amendments

SCIB: The Standard Bank Of South Africa- AGL warrant terms amendments

The Standard Bank of South Africa Limited

2021/08/06

ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD
BANK BHP GROUP WARRANTS

Following the ANGLO AMERICAN PLC (“AGL”) announcement of a special
dividend of 1,185.9200c.

Following this announcement, notice is hereby given that the terms of the AGL
warrants will be adjusted to place the warrant holders in the same financial position.
The terms of the warrants shall be determined at the close of business on 17th August
2021.

The following warrants will be affected by this corporate action:

Existing Terms
                                               Conversion
    ISIN         JSE Code    Exercise Price      Ratio          Expiry     Exercise Style
ZAE000299426      AGLSBG        R 650.00           270        02-Feb-22    American Call
ZAE000295630      AGLSBE        R 540.00           180        02-Sep-21    American Call
ZAE000296919      AGLSBF        R 600.00           230        02-Nov-21    American Call
ZAE000295788      AGLSBR        R 470.00           200        02-Feb-22    European Put
ZAE000297149      AGLSBS        R 500.00           210        02-Sep-21    European Put
ZAE000299673      AGLSBT        R 550.00           230        02-Nov-21    European Put
New Terms
                                               Conversion
    ISIN         JSE Code    Exercise Price      Ratio          Expiry     Exercise Style
ZAE000299426      AGLSBG          TBA              TBA        02-Feb-22    American Call
ZAE000295630      AGLSBE          TBA              TBA        02-Sep-21    American Call
ZAE000296919      AGLSBF          TBA              TBA        02-Nov-21    American Call
ZAE000295788      AGLSBR          TBA              TBA        02-Feb-22    European Put
ZAE000297149      AGLSBS          TBA              TBA        02-Sep-21    European Put
ZAE000299673      AGLSBT          TBA              TBA        02-Nov-21    European Put




The Effective Date of the adjustment shall be 18th August 2021.


This Notice together with the Common Terms Document and Conditions Annexure
record the terms and conditions of the agreement between the Parties. Any terms
used in this Notice which are defined in the Common Terms Document, Conditions
Annexure and the relevant Supplements shall bear the meaning ascribed to them
therein, unless specifically stated otherwise herein. Other than as set out herein, the
terms and conditions set out in the Common Terms Document, Conditions Annexure
and relevant Supplements remain unchanged and in full force and effect.

Please note that Share Instalments are subject to selling restrictions and prospective
purchases are referred to the relevant Conditions Annexure for details of such
restrictions.

For further information contact:
Standard Bank
Warrants
Tel 0800 111 780
Email: derivatives@standardbank.co.za
Issuer: The Standard Bank of South Africa Limited
Sponsor: SBG Securities (Pty) Ltd
(A subsidiary of the Standard Bank Group Limited)
(Incorporated in the Republic of South Africa, 13 March 1962, Registration number
1972/008305/07)

Date: 06-08-2021 03:15:00
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