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The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “RLN072”
The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "RLN072"
Stock Code: RLN072
ISIN Code: ZAE000333696
RLN072 Early Redemption / RLN139 Issuance
Holders of the listed RLN072 Equity Index Linked Notes ("the
Notes") who have elected to early redeem on Monday 21 July 2025
are informed that the level of the index was determined and
calculated on 14 July 2025 as 89403.07.
Following this determination and calculation holders of the
Notes are advised as follows:
1. Option 1: Holders who elected not to follow Option 2
mentioned in the SENS Announcement of 24 June 2025, but
rather to roll their investment in RLN072 Notes into a new
Capital Accumulator Note ("RLN139"), the level of the Index
was determined on 14 July 2025 as 89047.54. For each RLN072
Note that is rolled into RLN139 Notes (ISIN ZAE000350195),
the holders will receive 1.1059 RLN139 Notes (ISIN
ZAE000350195) (where one (1) RLN139 Note (no fraction Notes
will be either issued or paid), but the final issuance of
RLN139 will be rounded to the nearest ZAR1000 per new Note
issued) per RLN072 Note allocated to their custody accounts
on 21 July 2025.
2. Option 2: Holders who elected not to roll the investment
into RLN139 (that is, not to follow Option 1) but elected
to remain as a holder of the RLN072 Notes until 28 September
2027 ("the initial Maturity Date"), all terms and conditions
in the relevant Pricing Supplement shall remain as
applicable.
3. RLN139 Notes shall be issued and delivered on 21 July 2025
(Option 1).
4. RLN072 shall not be de-listed on 22 July 2025 and shall
remain in issue. Therefore, suspension of RLN072 must be
removed, and the effective date of such suspension removal
shall be Wednesday 16 July 2025.
Dated: Tuesday, 15 July 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: 15-07-2025 04:30:00
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