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

SCIB: The Standard Bank Of South Africa: AMS warrant terms adjustments

The Standard Bank of South Africa Limited

2021/08/10

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

Following the ANGLO AMERICAN PLATINUM LTD (“AMS”) announcement of a
special dividend of 10,500.0000c.

Following this announcement, notice is hereby given that the terms of the AMS
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 10th August
2021.

The following warrants will be affected by this corporate action:

Existing Terms
                                               Conversion
    ISIN         JSE Code    Exercise Price      Ratio          Expiry     Exercise Style
ZAE000295648      AMSSBJ       R 1,650.00             800     02-Sep-21    American Call
ZAE000296927      AMSSBL       R 2,200.00         1100        02-Nov-21    American Call
ZAE000299483     AMSSBM        R 1,850.00             850     02-Feb-22    American Call
ZAE000300620     AMSSBN        R 1,750.00             950     02-Mar-22    American Call
ZAE000295796     AMSSBU        R 1,450.00             820     02-Sep-21    European Put
ZAE000297156     AMSSBV        R 2,000.00         1050        02-Nov-21    European Put
New Terms
                                               Conversion
    ISIN         JSE Code    Exercise Price                     Expiry     Exercise Style
                                                 Ratio
ZAE000295648      AMSSBJ       R 1,550.54        751.78       02-Sep-21    American Call
ZAE000296927      AMSSBL       R 2,067.38        1033.69      02-Nov-21    American Call
ZAE000299483     AMSSBM        R 1,738.48        798.76       02-Feb-22    American Call
ZAE000300620     AMSSBN        R 1,644.51        892.73       02-Mar-22    American Call
ZAE000295796     AMSSBU        R 1,362.59        770.57       02-Sep-21    European Put
ZAE000297156     AMSSBV        R 1,879.44        986.70       02-Nov-21    European Put
                                                 th
The Effective Date of the adjustment shall be 11 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: 10-08-2021 05:45:00
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