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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