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THE STANDARD BANK OF SOUTH AFRICA LIMITED - Financial Instrument Final Redemption Announcement -SBRN16?

Release Date: 07/04/2025 13:05
Code(s): SBRN16     PDF:  
Wrap Text
Financial Instrument Final Redemption Announcement -“SBRN16”

The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement -
"SBRN16"

Stock Code: SBRN16
ISIN Code: ZAE000304226


Final Redemption

Holders of the listed SBRN16 Index Linked Notes ("the Notes")
which are redeeming on 05 May 2025 are reminded that:

Valuation Date:                       Thursday, 24 April 2025

Valuation Rate Announcement by 11:00: Friday,    25 April 2025

Valuation Time:                       The time the Index Level
                                      is   published  on   the
                                      Valuation Date


Last Date to Trade:                   Wednesday,   16   April 2025
Suspension Date:                      Thursday,    17   April 2025
Record Date:                          Wednesday,   23   April 2025
Maturity Date (Delivery/Payment):     Monday,      05   May 2025
De-Listing Date:                      Tuesday,     06   May 2025


The holders of the Notes will instruct Standard Bank to sell the
ETFs on behalf of the holders of the Notes and pay the redemption
amount of such sale of the ETFs to the holders of the Notes on
05 May 2025 ("the Maturity Date") to the account of the holder.


After the payment of the sale proceeds of the ETFs on 05 May
2025, the Notes (SBRN16) will be de-listed from the JSE.


Dated: Monday, 07 April 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: 07-04-2025 01:05:00
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