The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “SBEN33”
The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “SBEN33”
The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "SBEN33"
Stock Code: SBEN33
ISIN Code: ZAE000333100
Final Redemption SBEN33
Holders of the listed SBEN33 Index Linked Notes ("the Notes")
which are redeeming on 27 February 2025 are informed that the
level of the index was determined and calculated on 20 February
2025 as 81367.38.
Following this determination and calculation holders of the
Notes are advised as follows:
1. Holders 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 27 February 2025 an amount of 125 680.002 South African
cents per the Note equivalent to the value of the relevant
ETFs held by them on the Record Date.
2. After payment of the sale proceeds of the ETFs on Thursday 27
February 2025, the Notes (SBEN33) will be de-listed from the
JSE on Friday 28 February 2025.
Dated: Friday, 21 February 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: 21-02-2025 12:30:00
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