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THE STANDARD BANK OF SOUTH AFRICA LIMITED - Financial Instrument Redemption Announcement - RLN036?

Release Date: 04/12/2025 07:40
Code(s): SBRN36     PDF:  
Wrap Text
Financial Instrument Redemption Announcement - “RLN036”

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "SBRN36"


Stock Code: SBRN36
ISIN Code: ZAE000317251


Final Redemption


Noteholders of SBRN36 have elected to early redeem the listed
SBRN36 Equity Index Linked Notes ("the Notes") with early
redemption on 17 December 2025 are reminded that:


Last Date to Trade:                   Monday, 08 December 2025
Valuation Date:                       Tuesday, 09 December 2025
Valuation Time:                       The time the Index Level is
                                      published on the Valuation
                                      Date
Suspension Date:                      Tuesday, 09 December 2025
Finalisation Date of Final
Redemption value of SBRN36 announced
by 11:00am:                          Wednesday, 10 December
                                     2025
Notification Date of whether
SBRN36 may or may not de-list:       Wednesday, 10 December
                                     2025
Closing date for elections:          By 11:00am, Thursday, 11
                                     December 2025
Record Date:                         Thursday, 11 December2025


Maturity Date (Delivery/Payment):     Wednesday, 17 December 2025
Election results and ETF              Wednesday, 17 December 2025
determination details announced
De-Listing Date:                      Thursday, 18 December 2025


Before or latest by 11h00am on Thursday, 11 December 2025 ("the
Closing Date for Elections"), holders of the Notes must elect
which one of the options below they wish to follow. Holders of
the Notes may either contact their financial advisors and
request their financial advisors to inform Standard Bank through
their standing communication channels about their clients'
elections or the holders may elect themselves digitally via
their broker's CSDP which of the following options they wish to
follow:


  1. Option 1: A holder of the Notes may elect not to follow
     Option 2 or Option 3 below, but rather to roll the
     investment into a new Autocall Note Stock Code: SBRN80
     "SBRN80"). The index level of SBRN80 will be determined on
     the Valuation Date (09 December 2025) at the Valuation
     Time, which is the same date and time on which the final
     redemption value of SBRN36 will be determined. Due to the
     difference in time zones, holders of the Notes will be
     informed on Wednesday, 10 December 2025 what the final
     redemption value of SBRN36 is. SBRN80 will be issued on 17
     December 2025 and will be delivered to the relevant holders
     which have elected Option 1 within one week after the
     issuing of SBRN80.


  2. Option 2: A holder of the Notes may elect to receive
     delivery of the 1nvest MSCI World Index Feeder ETF (such
     participatory interests herein referred to as "the ETFs")
     which the relevant holder bought on the Trade Date of the
     Notes adjusted to be equal to the redemption value of the
     Notes. The ETFs will be delivered to such holder on
     Wednesday, 17 December 2025("the Maturity Date").


  3. Option 3: A holder of the Notes may elect not to roll the
     investment into SBRN80 (that is, not to follow Option 1)
     or not to receive delivery of the ETFs on the Maturity Date
     (that is, not to follow Option 2), but may elect to rather
     instruct Standard Bank to sell the ETFs on behalf of the
     holder of the Notes and pay the redemption amount of such
     sale of the ETFs to the holder of the Notes on Wednesday,
     17 December 2025("the Maturity Date") to the account of the
     holder.


  4. If Standard Bank receives no notice from either the
     holder's Independent Financial Advisor or the holder does
     not digitally elect before or by 11h00am on Monday, 15
     December 2025 Option 1 or Option 2 Standard Bank will assume
     that the holder had elected Option 3 (which is the default
     election) that is, that the holder had instructed Standard
     Bank to sell the ETFs on behalf of such holder and make
     payment of the proceeds of the sale of such ETFs to the
     account of such holder on Wednesday, 17 December 2025 ("the
     Maturity Date").


After the issue of SBRN80 (Option 1) or delivery of the ETFs
(Option 2), or payment of the sale proceeds of the ETFs (Option
3), Wednesday, 17 December 2025, the Notes (SBRN36) will be de-
listed from the JSE.


Dated: Thursday, 04 December 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: 04-12-2025 07:40:00
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