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URL Link [\Common\DDAP.SPRD.SENS.STORIES\SENS_20200907_S435715.pdf] Symbol [CFRSBC] Symbol [CFRSBB] Symbol [CFRSBA] SCIB: The Standard Bank Of South Africa- Corporate action announcement for CFR warrntsThe Standard Bank of South Africa Limited2020/09/07ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARDBANK COMPAGNIE FIN RICHEMONT WARRANTSFollowing the COMPAGNIE FIN RICHEMONT (?CFR?) announcement on theEquity-Based loyalty scheme, CFR shareholders will receive 2 A Warrant Receiptsshares for every 1 CFR shares held.Following this announcement, notice is hereby given that the terms of the CFRwarrants will be adjusted to place the warrant holders in the same financial positionthey were prior to the warrants issue. The terms of the warrants shall be determined atthe close of business on 15th September 2020.The following warrants will be affected by this corporate action:Existing TermsISIN JSE Code Exercise Price Conversion Ratio Expiry Exercise StyleZAE000285094 CFRSBA R 110.00 35 06-Oct-20 American CallZAE000285672 CFRSBB R 95.00 60 06-Oct-20 American CallZAE000287967 CFRSBC R 120.00 55 03-Feb-20 American CallNew TermsISIN JSE Code Exercise Price Conversion Ratio Expiry Exercise StyleZAE000285094 CFRSBA TBA TBA 06-Oct-20 American CallZAE000285672 CFRSBB TBA TBA 06-Oct-20 American CallZAE000287967 CFRSBC TBA TBA 03-Feb-20 American CallThe Effective Date of the adjustment shall be 16th September 2020.The JSE Limited (JSE) Issuer Services Division has approved the adjustment of theabove-mentioned warrants.This Notice together with the Common Terms Document and Conditions Annexurerecord the terms and conditions of the agreement between the Parties. Any termsused in this Notice which are defined in the Common Terms Document, ConditionsAnnexure and the relevant Supplements shall bear the meaning ascribed to themtherein, unless specifically stated otherwise herein. Other than as set out herein, theterms and conditions set out in the Common Terms Document, Conditions Annexureand relevant Supplements remain unchanged and in full force and effect.Please note that Share Instalments are subject to selling restrictions and prospectivepurchases are referred to the relevant Conditions Annexure for details of suchrestrictions.For further information contact :Standard Bank WarrantsTel 0800 111 780e-mail : [email protected]Sponsor :SBG Securities (Pty) Limited(Registration Number: 1972/008305/07)An authorised user of the JSE LimitedDate: 07-09-2020 02:45:00Produced 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.