THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited - Second Interim Redemption of Standard Bank Retail Note - SBRN09

The Standard Bank of South Africa Limited - Second Interim Redemption of Standard Bank Retail Note - SBRN09

The Standard Bank of South Africa Limited
Corporate Action Announcement - “SBRN09”

Stock Code: SBRN09
ISIN Code: ZAE000299962

The Second Interim Period is maturing on 15 June 2023. Due to
the 5-day settlement period between the Trade Date and the Issue
Date, the Second Interim Redemption Amount will be paid on
22 June 2023 applying the same 5-day settlement period between
the Maturity Date of the Second Interim Period, that is
15 June 2023, and the Payment Date of the Second Interim
Redemption Amount, that is 22 June 2023.

On 22 June 2023, Standard Bank will pay ZAR5 900 000.00 (“the
Second Interim Payment Amount”) to the holders of SBRN09 Notes.
Since the Second Interim Payment Amount includes 25% of the
capital of the initial purchase price of the Notes, the Issuer
will on 23 June 2022 reduce the base costs of the Notes (that
is the specified denomination of the Notes) to ZAR 2500.00 per
Note to account for the reductions in the capital pursuant to
the First and the Second Interim Redemptions.

Second Interim Period
Maturity Date                       15 June 2023

Second Interim Payment Amount:      ZAR5 900 000.00
Capital Amount:                     ZAR5,000,000.00
Interest Amount:                    ZAR 900,000.00

Second Interim Payment Amount
Settlement Date:                    22 June 2023

Last Date to Trade for Second
Partial Redemption:                 09 June 2023

Ex-Date for Second Partial
Redemption:                         12 June 2023

Record Date for Second Partial
Redemption of the Notes:            14 June 2023

Dated: 07 June 2023
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: 07-06-2023 02:00:00
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