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

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

The Standard Bank of South Africa Limited

2021/08/17

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-Feb-22       European Put
New Terms
   ISIN          JSE Code Exercise Price Conversion Ratio            Expiry     Exercise Style
 ZAE000299426     AGLSBG        R 638.30           265.14           02-Feb-22    American Call
 ZAE000295630     AGLSBE        R 530.28           176.76           02-Sep-21    American Call
 ZAE000296919     AGLSBF        R 589.20           225.86           02-Nov-21    American Call
 ZAE000295788     AGLSBR        R 461.54           196.4            02-Feb-22    European Put
 ZAE000297149     AGLSBS        R 491.00           206.22           02-Sep-21    European Put
 ZAE000299673     AGLSBT        R 540.10           225.86           02-Feb-22    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: 17-08-2021 05:50:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.