Sharenet Sites 
Sharenet Sites
Listing of UBS Automatic Early Redeemable Note (Phoenix Autocallable)
UBS AG, London Branch
(“UBS AG” or the “Company”)
(Incorporated and domiciled in Switzerland)
(Registration number: CHE-101.329.561)
Listing of UBS Automatic Early Redeemable Note (Phoenix Autocallable)
linked to the FTSE 100 Index, EURO STOXX 50 Index and Standard and Poor's
500 Index (the "Notes") – Series 1.
The JSE Limited has granted UBS approval for the listing of the Phoenix
Autocallable Note linked to the worst of the FTSE 100 Index, EURO STOXX 50
Index and Standard and Poor's 500 Index due 09 December 2025.
An autocallable is a structured product which pays investors regular coupon
payments. The products have a fixed maximum tenor; however, the tenor may
be shorter if the product is called. The notes have set observation dates
on which the coupon payments are made, but may be called early. The coupon
paid by the product is financed by a short position in a put option. The
put option has a tenor that matches the life of the product.
The Phoenix Autocallable Note is a notional South African Rand denominated
note referencing global indices. This product offers a return if on any
Observation Date all Underlyings close at or above the Coupon Barrier
level. In this case, the investor will receive a fixed payment for every
observation period that has passed since inception. The product also allows
for early redemption before expiry, with the investor receiving back their
invested capital on top of the relevant coupon for the relevant period if
all Underlyings close at or above a specific Autocall Barrier level on any
Early Termination Observation Date.
If no such event occurs, the investor will receive 100% of the Nominal on
the Redemption Date provided none of the Kick-In Levels have been breached
on the Expiration Date.
If at least one of the Underlyings closes at or below its respective Kick-
In Level at expiry, the redemption value will reflect the performance of
the worst performing Underlying.
These listings are issued under the Information Memorandum (dated 16
September 2019) for the Issuance of South African Securities up to an
authorised amount of ZAR 14 000 000 000. Trading will commence on Friday,
06 December 2019.
INSTRUMENT NUMBER: 88522
ALPHA CODE: UBGPAA
ISIN: ZAE000281168
ISSUE SIZE (UNITS): 50,000
ISSUE PRICE (RAND/UNIT): 1,000.00
UNDERLYING INDICES: FTSE 100 Index
Bloomberg ticker: UKX Index
EURO STOXX 50 Index
Bloomberg ticker: SX5E Index
S&P 500 Index
Bloomberg ticker: SPX Index
LISTING DATE: 06 December 2019
EXPIRY DATE: 09 December 2025
Underlyings and Levels:
Indexi Initial Level Contingent Mandatory Knock-In
Coupon Level Early Level
Termination
Level
FTSE 100 7,188.5000 5,750.8000 7,188.5000 4,313.1000
Index (the Index (80% of the (100% of the (60% of the
Closing Level Index Closing Index Closing Index Closing
on the Level on the Level on the Level on the
Pricing Date) Pricing Date) Pricing Date) Pricing Date)
EURO STOXX 3,660.0200 2,928.0160 3,660.0200 2,196.0120
50 Index (the Index (80% of the (100% of the (60% of the
Closing Level Index Closing Index Closing Index Closing
on the Level on the Level on the Level on the
Pricing Date) Pricing Date) Pricing Date) Pricing Date)
Standard 3,112.7600 2,490.2080 3,112.7600 1,867.6560
and Poor's (the Index (80% of the (100% of the (60% of the
500 Index Closing Level Index Closing Index Closing Index Closing
on the Level on the Level on the Level on the
Pricing Date) Pricing Date) Pricing Date) Pricing Date)
Observaton Date(s):
n Date n Date n Date
1 03 March 2020 9 08 March 2022 17 05 March 2024
2 09 June 2020 10 07 June 2022 18 04 June 2024
3 08 September 2020 11 06 September 2022 19 03 September 2024
4 08 December 2020 12 06 December 2022 20 03 December 2024
5 09 March 2021 13 07 March 2023 21 04 March 2025
6 08 June 2021 14 06 June 2023 22 03 June 2025
7 07 September 2021 15 05 September 2023 23 09 September 2025
8 07 December 2021 16 05 December 2023 24 09 December 2025
Early Termination Observation Date(s):
n Date
1 08 December 2020
2 07 December 2021
3 06 December 2022
4 05 December 2023
5 03 December 2024
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/products
Johannesburg
05 December 2019
Sponsor: UBS South Africa (Pty) Limited
Date: 05-12-2019 03:30:00
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.
