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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - AMC017?

Release Date: 09/12/2024 11:30
Code(s): AMC017     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “AMC017”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "AMC017"


Stock Code: AMC017
ISIN Code: ZAE000342283


The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – AMC017 Actively Managed Certificates due
11 December 2034 - sponsored by The Standard Bank of South Africa
Limited ("the Issuer") under its Structured Note Programme ("the
Programme") dated 26 January 2021 which can be found on the
Issuer's website.


Authorised Programme size           ZAR120 000 000 000
Total notes issued                  ZAR102 452 828 862.19


Full Note details are as follows:
Issue Date:                         10 December 2024
Nominal Issued:                     ZAR5 000 000 000.
Redemption Basis:                   The STANLIB Multi-Asset SA
                                    DAA Strategy AMC actively
                                    managed by STANLIB Asset
                                    Management         Proprietary
                                    Limited comprising of long
                                    positions in Shares which
                                    are listed on a Recognised
                                    Exchange located in the
                                    Republic of South Africa
                                    (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
                                    local individual exchange
                                    traded shares and stocks)
                                    each      such       Reference
                                    Component    a    "Share"    as
                                    defined in the Financial
                                    Markets Act; long positions
                                    in   Bonds    listed     on   a
                                    Recognised     Exchange     and
                                    long    positions      in    ET
                                    Securities     listed    on   a
                                    Recognised Exchange.
Issue Price:                       100 000 ZA cents per AMC
Number of AMCs:                    5 000 000 AMCs
Declaration Date:                  13 November 2034, subject
                                   to Preceding Business Day
                                   Convention.
Last Date to Trade:                27 November 2034, subject
                                   to Preceding Business Day
                                   Convention.
Suspension Date:                   28 November 2034
Record Date:                       30 November 2034
Maturity Date:                     11 December 2034, subject
                                   to adjustments as detailed
                                   in the Pricing Supplement.
De-Listing Date:                   12 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: 09 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: 09-12-2024 11:30:00
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