• The Standard Bank of South Africa Limited lists RLN040 Equity Index Linked Notes on the JSE Limited.
• The authorized program size for the notes is ZAR120 billion, with a total issuance of ZAR81.4 billion.
• The RLN040 Equity Index Linked Notes will mature on May 16, 2028, and will be physically settled through the delivery of ETFs.

The Standard Bank of South Africa Limited has made a groundbreaking announcement with the listing of its latest financial instrument, RLN040 Equity Index Linked Notes. This innovative offering has been granted a listing by the JSE Limited, sponsored by The Standard Bank of South Africa Limited, under its highly regarded Structured Note Programme.

With an authorized programme size of ZAR120 billion, the RLN040 Equity Index Linked Notes have garnered substantial investor interest, as evidenced by the total notes issued, currently reaching an impressive ZAR81.4 billion.

The RLN040 Equity Index Linked Notes are set to mature on May 16, 2028, and the issuance details include a nominal value of ZAR35.6 million and an issue price of 100%. A total of 35,611 notes have been made available for investors.

According to the announcement, the declaration date for the RLN040 Equity Index Linked Notes is scheduled for April 11, 2028, subject to the Preceding Business Day Convention. Investors should be aware that the Last Date to Trade is May 3, 2028, also subject to the Preceding Business Day Convention. Following this, the trading of these notes will be suspended from May 4, 2028.

To ensure physical settlement of the RLN040 Equity Index Linked Notes, The Standard Bank of South Africa Limited has arranged for the delivery of Exchange Traded Funds (ETFs) as specified in the Pricing Supplement. This mechanism guarantees that note holders will receive the underlying assets on the designated Maturity/Delivery Date.

Investors interested in the RLN040 Equity Index Linked Notes are advised to thoroughly review the Pricing Supplement, which contains comprehensive details regarding the specific terms and conditions associated with this issuance.