SCIB: The Standard Bank Of South Africa – Adjustment of AMS warrants (after special dividend) – SENS

                            

SCIB: The Standard Bank Of South Africa – Adjustment to AMS Warrants (Post Special Dividend)

The Standard Bank of South Africa Limited

2022/08/05

ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD
BANK GROUP AMS WARRANTS

Following the ANGLO AMERICAN PLATINUM LTD (“AMS”) announcement of a
special dividend of 4000.0000c.

Following this announcement, notice is hereby given that the terms of the AMS
warrants will be adjusted to place the warrant holders in the same financial position.
The terms of the warrants shall be determined at the close of business on 8th August
2022.

The following warrants will be affected by this corporate action:

Existing Terms
Exercise Conversion
ISIN JSE Code Expiry Exercise Style
Price Ratio
ZAE000305132 AMSSBA R1,886.83 870.85 07-Sep-22 American Call
ZAE000308748 AMSSBB R2,600.00 1300 04-Oct-22 American Call
ZAE000309894 AMSSBC R2,180.00 1300 17-Jan-23 American Call
ZAE000310819 AMSSBD R1,760.00 1000 07-Jun-23 American Call
ZAE000312492 AMSSBE R1,300.00 750 07-Jun-23 American Call
ZAE000308912 AMSSBP R2,250.00 1300 04-Oct-22 European Put
ZAE000310959 AMSSBQ R1,440.00 1100 07-Jun-23 European Put

New Terms

Exercise Conversion
ISIN JSE Code Expiry Exercise Style
Price Ratio
ZAE000305132 AMSSBA TBA TBA 07-Sep-22 American Call
ZAE000308748 AMSSBB TBA TBA 04-Oct-22 American Call
ZAE000309894 AMSSBC TBA TBA 17-Jan-23 American Call
ZAE000310819 AMSSBD TBA TBA 07-Jun-23 American Call
ZAE000312492 AMSSBE TBA TBA 07-Jun-23 American Call
ZAE000308912 AMSSBP TBA TBA 04-Oct-22 European Put
ZAE000310959 AMSSBQ TBA TBA 07-Jun-23 European Put

The Effective Date of the adjustment shall be 10th August 2022.

This Notice together with the Common Terms Document and Conditions Annexure
record the terms and conditions of the agreement between the Parties. Any terms
used in this Notice which are defined in the Common Terms Document, Conditions
Annexure and the relevant Supplements shall bear the meaning ascribed to them
therein, unless specifically stated otherwise herein. Other than as set out herein, the
terms and conditions set out in the Common Terms Document, Conditions Annexure
and relevant Supplements remain unchanged and in full force and effect.

Please note that Share Instalments are subject to selling restrictions and prospective
purchases are referred to the relevant Conditions Annexure for details of such
restrictions.

For further information contact:
Standard Bank
Warrants
Tel 0800 111 780
Email: [email protected]
Issuer: The Standard Bank of South Africa Limited
Sponsor: SBG Securities (Pty) Ltd
(A subsidiary of the Standard Bank Group Limited)
(Incorporated in the Republic of South Africa, 13 March 1962, Registration number
1972/008305/07)

Date: 05-08-2022 04:05:00
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Eleanor C. William