| Thu 11 May 2023, 10:15 | | Final Redemption and Automatic Early Termination for Reitway Active Global Property Note, Alpha code REITAN |
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Final Redemption and Automatic Early Termination for Reitway Active Global Property Note, Alpha code REITAN
UBS AG, London Branch
(“UBS AG” or the “Company”)
(Incorporated and domiciled in Switzerland)
(Registration number: CHE-101.329.561)
Share code: REITAN ISIN: ZAE000316485 Series 20
Notification to Noteholders of Final Redemption and the Automatic Early
Termination for the abovementioned product (collectively, the "UBS
Certificates") listed in the “Actively Managed” sector of the Main Board.
The Reference Portfolio Advisor has advised that they are no longer intending
to advise on and maintain the Reference Portfolio. As such, Noteholders are
hereby notified that the abovementioned portfolio will no longer replicate
an active portfolio strategy. The underlying portfolio will be converted to
cash in its entirety as of Wednesday, 10 May 2023.
1. Salient dates for the Automatic Early Termination
Last day to trade Wednesday, 10 May 2023
Suspension date Thursday, 11 May 2023
Final Redemption Amount and Thursday, 11 May 2023
announcement of amount by 11:00
Record date Monday, 15 May 2023
Payment Date Monday, 22 May 2023
Automatic Early Termination Date Tuesday, 23 May 2023
2. Final Redemption Amount
Each Portfolio Note entitles the investor to receive on the Payment Date an
amount in the Settlement Currency, as calculated by the Calculation Agent,
according to the terms and conditions outlined in the Terms.
The Final Reference Portfolio Value (“RPV”) as at Wednesday, 10 May 2023
(end of day close) is ZAR 102.2558 (ZAc 10225.58) per note. This is
equivalent to the Final Redemption Amount per note.
For further information kindly contact:
UBS KeyInvest South Africa
Tel.: +27 11 322 7129 / 7317
E-mail: keyinvestza@ubs.com
Web: http://keyinvest-za.ubs.com/
Johannesburg
11 May 2023
Sponsor: UBS South Africa (Pty) Limited
Date: 11-05-2023 10:15:00
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