THE STANDARD BANK OF SOUTH AFRICA LIMITED - Corporate Action Announcement - SBRN07?

Corporate Action Announcement - “SBRN07”

The Standard Bank of South Africa Limited
Corporate Action Announcement - "SBRN07"


Stock Code: SBRN07
ISIN Code: ZAE000299004


The Second Interim Period is maturing on 25 November 2024. The
Second   Interim   Redemption   Amount   will   be   paid on
25 November 2024.


On 25 November 2024, Standard Bank will pay ZAR11 812 500.00
in respect of all the Notes (ZAR1,575.00 per note) ("the
Second Interim Payment Amount") to the holders of SBRN07
Notes. Since the Second Interim Payment Amount includes 25% of
the capital of the initial purchase price of the Notes, the
Issuer will on 26 November 2024 reduce the base costs of the
Notes (that is the specified denomination of the Notes) from
ZAR3,750 per Note to ZAR 2,500.00 per Note to account for the
reduction in the initial capital used to purchase these Notes.


Second Interim Period
Maturity Date                                25 November 2024


Second Interim Payment Amount:               ZAR11 812 500.00


Capital Redemption Amount for all Notes      ZAR9 375 000.00


Capital Redemption Amount per Note           ZAR1 250.00.00


Interest Earned (26%% Coupon)on all Notes:    ZAR2 437 500.00


Interest Earned (18% Coupon) per Note:       ZAR325.00


Declaration Date:                            04 November 2024


Last Day to Trade:                           18 November 2024


Ex-Date:                                     19 November 2024


Record Date:                                 21 November 2024


Second Interim Payment Amount
Payment Date:                                25 November 2024



Dated: 04 November 2024
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: 04-11-2024 02:01:00
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