|
New Financial Instrument Listing Announcement - “SSN217”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SSN217"
Stock Code: SSN217
ISIN Code: ZAG000218025
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN217 Senior Unsecured Floating Rate
Notes due 01 December 2025 - sponsored by The Standard Bank of
South Africa Limited, under its Structured Note Programme.
Authorised Programme size ZAR150,000,000,000
Total notes issued
(including current issue) ZAR117,451,247,461.59
Full Note details are as follows:
Issue Date: 08 August 2025
Nominal Issued: ZAR30,000,000
Final Redemption Amount: FX Final Redemption Amount
payable on the Maturity
Date, provided that the FX
Final Redemption Amount will
not be payable to the
holders of the Notes if the
Settlement Price exceeds or
is equal to 17.20 ("Initial
Strike") on the Valuation
Date but instead the holders
of the Notes will receive
the Nominal Amount plus
Interest Rate as calculated
in the Applicable Pricing
Supplement
Coupon Amount: Per the Applicable Pricing
Supplement
Interest Determination Dates: Not Applicable
Trade Type: Price
Issue Price: 100%
Maturity Date: 01 December 2025
Interest Commencement Date: Issue Date
First Interest Payment Date: The Maturity Date
Interest Payment Dates: The Maturity Date or, if
such day is not a Business
Day, the Business Day on
which the interest will be
paid, as determined in
accordance with the
applicable Business Day
Convention (as specified in
this Applicable Pricing
Supplement)
Business Day Count/Convention: Following Business Day
Convention.
Books Close: The Books Closed Period
(during which the Register
will be closed) will be from
each 26 November 2025, until
the Maturity Date.
Last day to register: 17h00 on 25 November 2025,
or if such day is not a
Business Day, the Business
Day before each Books Closed
Period.
Placement Agent: The Standard Bank of South
Africa Limited
Debt Security subject
to guarantee; security
or credit enhancement: Not Applicable
Additional Terms and Conditions: Investors should study the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific issuance.
Notes will be deposited in the Central Depository ("CSD") and
settlement will take place electronically in terms of JSE Rules.
Dated 07 August 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: 07-08-2025 11:55:00
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. |
|