THE STANDARD BANK OF SOUTH AFRICA LIMITED - Corporate Action Announcement - SBRN51?

Corporate Action Announcement - “SBRN51”

The Standard Bank of South Africa Limited
Corporate Action Announcement - "SBRN51"


Stock Code: SBRN51
ISIN Code: ZAE000330734


The First Interim Period is maturing on 13 December 2024. The
First   Interim   Redemption   Amount   will   be   paid on 13
December 2024.


On 13 December 2024, Standard Bank will pay ZAR56 324 700.00
in respect of all the Notes (ZAR300.00 per note) ("the First
Interim Payment Amount") to the holders of SBRN51 Notes. Since
the First Interim Payment Amount includes 25% of the capital
of the initial purchase price of the Notes, the Issuer will on
17 December 2024 reduce the base costs of the Notes (that is
the specified denomination of the Notes) from ZAR1,000.00 per
Note to ZAR750.00per Note to account for the reduction in the
initial capital used to purchase these Notes.


First Interim Period
Maturity Date                                13 December 2024

First Interim Payment Amount:                ZAR56 324 700.00

Capital Redemption Amount per Note           ZAR1 250.00.00


Interest Earned (20% Coupon) per Note:       ZAR50.00

Declaration Date:                            25 November 2024

Last Day to Trade:                           09 December 2024

Ex-Date:                                     10 December 2024

Record Date:                                 12 December 2024

First Interim Payment Amount
Payment Date:                                13 December 2024


Dated: 25 November 2024
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: 25-11-2024 05:20:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.