THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Final Redemption Announcement - SBEN39?

The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - “SBEN39”

The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - "SBEN39"

Stock Code: SBEN39
ISIN Code: ZAE000336624


Final Redemption with Election

Holders of the listed SBEN Equity Index Linked Notes ("the
Notes") which are redeeming on 26 June 2025 are reminded that:

Valuation Date:                        Wednesday, 19 June 2025

Valuation Rate Announcement by 11:00: Thursday, 20 June 2025

Valuation Time:                        The time the Index Level
                                       is   published  on   the
                                       Valuation Date


Last Date to Trade:                    Thursday, 12 June 2025
Suspension Date:                       Friday, 13 June 2025
Record Date:                           Wednesday, 18 June 2025
Closing date for elections by 12:00:   Wednesday, 18 June 2025
Maturity Date (Delivery/Payment):      Thursday, 26 June 2025
De-Listing Date:                       Friday, 27 June 2025


Before or latest on Wednesday, 18 June 2025 ("the Closing Date
for Elections"), holders of the Notes must elect which one of
the options below they wish to follow. Holders of the Notes may
either contact their financial advisors and request their
financial advisors to inform Standard Bank through their
standing communication channels about their clients' elections
or the holders may elect themselves digitally via their broker's
CSDP which of the following options they wish to follow:


  1. Option 1: A holder of the Notes may elect to receive
     delivery of the 1nvest MSCI World ETFs (ISIN: ZAE000255170)
     which the relevant holder bought on the Trade Date of the
     Notes adjusted to be equal to the redemption value of the
     Notes. The ETFs will be delivered to such holder on 26 June
     2025 ("the Maturity Date").


  2. Option 2: A holder of the Notes may elect 1) not to receive
     delivery of the ETFs on the Maturity Date (that is, not to
     follow Option 1), but may elect to rather instruct Standard
     Bank to sell the ETFs on behalf of the holder of the Notes
     and pay the redemption amount of such sale of the ETFs to
     the holder of the Notes on 26 June 2025 ("the Maturity
     Date") to the account of the holder. If Standard Bank
    receives no notice from either the holder's Independent
    Financial Advisor or the holder does not digitally elect
    before or on 18 June 2025 Option 1 or Option 2 Standard
    Bank will assume that the holder had elected Option 2 (which
    is the default election) that is, that the holder had
    instructed Standard Bank to sell the ETFs on behalf of such
    holder and make payment of the proceeds of the sale of such
    ETFs to the account of such holder on 26 June 2025 ("the
    Maturity Date").


    After the delivery of the ETFs (Option 1) or payment of the
    sale proceeds of the ETFs (Option 2) on 26 June 2025, the
    Notes (SBEN39) will be de-listed from the JSE.



Dated: Friday, 30 May 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: 30-05-2025 05:15:00
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