The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - “SBRN06”
The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - "SBRN06"
Stock Code: SBRN06
ISIN Code: ZAE000298840
Final Redemption SBRN06
Holders of the listed SBRN06 Index Linked Notes ("the Notes")
which are redeeming on Monday 18 May 2026 are informed that the
level of the index was determined and calculated on Tuesday 12
May 2026 as 153.0115, and the FX Final Level was determined and
calculated on Wednesday 13 May 2026 as ZAR14.050/USD1.00.
Following this determination and calculation holders of the
Notes are advised as follows:
1. Option 1: Holders who elected to receive delivery of 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, will receive the relevant ETFs (allocated to
their accounts on 18 May 2026).
2. Option 2: Holders who elected not to receive delivery of
the ETFs on the Maturity Date (that is, not to follow Option
1), but elected to 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 holder of the Notes,
will receive on 18 May 2026 an amount of 736,490 South
African cents per the Note equivalent to the value of the
relevant ETFs held by them on the Record Date.
3. Holders who did not make an election from options 1 to 2
by 11:00am on Thursday, 14 May 2026, option 2 will apply
by default.
4. After the delivery of the ETFs (Option 1) on 18 May 2026
or payment of the sale proceeds of the ETFs (Option 2) on
18 May 2026, the Notes (SBRN06) will be de-listed from the
JSE on Tuesday, 19 May 2026.
Dated: Wednesday, 13 May 2026
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: 13-05-2026 01:33:00
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