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THE STANDARD BANK OF SOUTH AFRICA LIMITED - CANCELLATION OF S502450 New Financial Instrument Listing Announcement - SBEN48?

Release Date: 24/03/2025 14:32
Code(s): SBEN48
Wrap Text
CANCELLATION OF S502450 New Financial Instrument Listing Announcement - “SBEN48”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBEN48"

Stock Code: SBEN48
ISIN Code: ZAE000346094

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBEN48 Equity Index Linked Notes due -
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           ZAR150 000 000 000
Total notes issued
(including current issue)           ZAR105,711,203,429.70

Full Note details are as follows:
Issue Date:                         24 March 2025
Nominal Issued:                     ZAR200 000 000
Redemption Basis:                   Equity Index Linked
Issue Price:                        100%
Number of Notes:                    200 000
Trade Date:                         13 March 2025
Declaration Date:                   26 August 2026, or if such
                                    day is not a Business Day,
                                    the Business Day
                                    immediately preceding that
                                    day.


Last Date to Trade:                 08 September 2026, or if
                                    such day is not a Business
                                    Day, the last Business Day
                                    immediately preceding that
                                    day.


Suspension Date:                    09 September 2026, being
                                    the date on which the
                                    Exchange will suspend
                                    trading of the Notes.


Record Date:                        11 September 2026


Maturity/Delivery Date:             22 September 2026, subject
                                    to adjustments as detailed
                                    in the Pricing Supplement.
De-Listing Date:                    23 September 2026
Business Day Convention:            Preceding Business Day
Placement Agent:                    The Standard Bank of South
                                    Africa Limited

These Notes will be physically settled by delivery of ETFs
(specified in the Pricing Supplement) to holders of the Notes
on the Maturity/Delivery Date specified above.

Additional Terms and Conditions: Investors must read the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific Note issuance.

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


Dated: 24 March 2025
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: 24-03-2025 02:32:59
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