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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - AMC014?

Release Date: 19/11/2024 11:10
Code(s): AMC014     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “AMC014”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "AMC014"


Stock Code: AMC014
ISIN Code: ZAE000341715


The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – AMC014 Actively Managed Certificates due
20 November 2034 - sponsored by The Standard Bank of South Africa
Limited ("the Issuer") under its Structured Note Programme ("the
Programme") dated 20 November 2024 which can be found on the
Issuer's website.


Authorised Programme size           ZAR120 000 000 000
Total notes issued                  ZAR97 848 436 120.19


Full Note details are as follows:
Issue Date:                         20 November 2024
Nominal Issued:                     ZAR100 000 000
Redemption Basis:                   The NVest General Equity
                                    AMC actively managed by
                                    NVest Securities
                                    Proprietary Limited
                                    comprising of long
                                    positions in shares which
                                    are listed on a Recognised
                                    Exchange (including but not
                                    limited to common stock,
                                    preference, and convertible
                                    preference shares, exchange
                                    traded shares, American
                                    Depository Receipts (ADRs)
                                    and Global Depository
                                    Receipts (GDRs) which
                                    represent equity rights
                                    according to the range of
                                    global individual exchange
                                    traded shares and stocks)
                                    each such Reference
                                    Component a "share" as
                                    defined in the Financial
                                    Markets Act, and long
                                    positions in ET Securities
                                    which are listed on a
                                    Recognised Exchange which
                                    represent equity rights
                                    according to the range of
                                    global individual exchange
                                    traded funds and notes each
                                   such Reference Component an
                                   ET Security.
Issue Price:                       100 000 ZA cents per AMC
Number of AMCs:                    100 000 AMCs
Declaration Date:                  23 October 2034, subject to
                                   Preceding Business Day
                                   Convention.
Last Date to Trade:                06 November 2034, subject
                                   to Preceding Business Day
                                   Convention.
Suspension Date:                   07 November 2034
Record Date:                       09 November 2034
Maturity Date:                     20 November 2034, subject
                                   to adjustments as detailed
                                   in the Pricing Supplement.
De-Listing Date:                   21 December 2034
Business Day Convention:           Preceding Business Day
Placement Agent:                   The Standard Bank of South
                                   Africa Limited


These Notes will be cash settled to holders of the AMCs on the
Maturity Date specified above.


Additional Terms and Conditions: Prospective holders of these
AMCs must read the Pricing Supplement for full details of the
specific terms and conditions applicable to this specific set
of AMCs.


The AMCs will be deposited in the Central Securities
Depository ("CSD") and settlement will take place
electronically in terms of JSE Rules.


Dated: 19 November 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: 19-11-2024 11:10:00
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