The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “RLN004”
The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “RLN004”
The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "RLN004"
Stock Code: RLN004
ISIN Code: ZAE000314894
RLN004 Final Redemption / RLN150 Issuance
Holders of the listed RLN004 Equity Index Linked Notes ("the
Notes") which are redeeming on 30 September 2025 are informed
that the level of the index was determined and calculated on 22
September 2025 as 98704.60.
Following this determination and calculation holders of the
Notes are advised as follows:
1. Option 1: Holders who elected not to follow Option 2 or
Option 3 mentioned in the SENS Announcement of 02 September
2025, but rather to roll their investment in RLN004 Notes
into a new Capital Escalator ("RLN150"), the level of the
Index was determined on 22 September 2025 as 98704.60. For
each RLN004 Note that is rolled into RLN150 Notes (ISIN
ZAE000352316), the holders will receive 1.35 RLN150 Notes
(ISIN ZAE000352316) per RLN004 Note allocated to their
custody accounts on 30 September 2025.
2. Option 2: 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 30 September 2025).
3. Option 3: Holders who elected not to roll the investment
into RLN150 (that is, not to follow Option 1) or not to
receive delivery of the ETFs on the Maturity Date (that is,
not to follow Option 2), 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 30 September 2025
an amount of 135000 South African cents per the Note
equivalent to the value of the relevant ETFs held by them
on the Record Date.
4. Holders who did not make an election from options 1 to 3 by
12:00pm on 23 September 2025, option 3 will apply by default.
5. After the issue and delivery of the RLN150 Notes (Option 1)
or delivery of the ETFs (Option 2) on 30 September 2025 or
payment of the sale proceeds of the ETFs (Option 3) 30
September 2025, the Notes (RLN004) will be de-listed from
the JSE on 01 October 2025.
Dated: 23 September 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: 23-09-2025 11:42:00
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