The Standard bank of South Africa Limited – Declaration of first interim payment for the holder of SBRN07 – SENS

                            

The Standard bank of South Africa Limited – Declaration of first interim payment for holder of SBRN07

The Standard Bank of South Africa Limited
Amendment to Corporate Action Announcement – “SBRN07”

Stock Code: SBRN07
ISIN Code: ZAE000299004

The First Interim Period is maturing on 25 November 2022. The
First Interim Redemption Amount will be paid on
25 November 2022.

On 25 November 2022, Standard Bank will pay ZAR11 062 500.00 in
respect of all the Notes (ZAR1,475.00 per note) (“the First
Interim Payment Amount”) to the holders of SBRN07 Notes. Since
the First Interim Payment Amount includes 25% of the capital of
the initial purchase price of the Notes, the Issuer will on
26 November 2022 reduce the base costs of the Notes (that is the
specified denomination of the Notes) from ZAR5 000 per Note to
ZAR 3725.00 per Note to account for the reduction in the initial
capital used to purchase these Notes.

First Interim Period
Maturity Date 25 November 2022

First Interim Payment Amount: ZAR11 062 500.00

Capital Redemption Amount for all Notes ZAR9 375 000.00

Capital Redemption Amount per Note ZAR1250.00

Interest Earned (18% Coupon)on all Notes: ZAR1 687 500.00

Interest Earned (18% Coupon) per Note: ZAR225.00

Declaration Date: 08 November 2022

Last Day to Trade: 21 November 2022

Ex-Date: 22 November 2022

Record Date: 24 November 2022

First Interim Payment Amount
Payment Date: 25 November 2022

Dated: 08 November 2022
Sponsor – The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus SBSA (Sponsor)
Email: [email protected]

Date: 08-11-2022 03:00:00
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