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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBRN11?

Release Date: 25/06/2021 16:53
Code(s): SBRN11     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SBRN11”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SBRN11”

Stock Code: SBRN11
ISIN Code: ZAE000300125

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBRN11 Equity Index Linked Notes due 29
June 2026 - sponsored by The Standard Bank of South Africa
Limited (“the Issuer”) under its Structured Note Programme (“the
Programme”)which can be found on the Issuer’s website.

Authorised Programme size           ZAR60,000,000,000
Total notes issued
(including current issue)           ZAR50,109,201,719.55

Full Note details are as follows:
Issue Date:                         29 June 2021
Nominal Issued:                     ZAR40,000,000
Redemption Basis:                   Equity Index Linked
Issue Price:                        500 000 ZA cents per Note
Number of Notes:                    8,000 Notes
First Partial Redemption Date:      20 December 2022
Second Partial Redemption Date:     19 December 2024
Maturity Date:                      29 June 2026, subject to
                                    adjustments as detailed in
                                    the Pricing Supplement.
Business Day Convention:            Following Business Day
Record Dates:
RD for First Partial Redemption:    19 December 2022.
RD for Second Partial Redemption:   18 December 2024.
RD for Final Maturity:              19 June 2026, and if any of
                                    these dates is not an
                                    Exchange Business Day, the
                                    Exchange Business Day
                                    immediately preceding the
                                    relevant date.
Placement Agent:                    The Standard Bank of South
                                    Africa Limited

Additional Terms and Conditions: Investors should study 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: 25 June 2021
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: 25-06-2021 04:53:00
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