Enhanced Investments - Financial Portal

Redemption of note due to autocall - ASN417

Published: 2023-03-07 11:31:01 ET

ABSA BANK LIMITED
(Registration number 1986/004794/06)
JSE Alpha Code: ASN417
ISIN: ZAE000284790

REDEMPTION OF ASN417 FINANCIAL INSTRUMENT

In terms of paragraphs 27(b) of the Applicable Pricing Supplement, the Anniversary Index Level on 21 February 2023
was greater than the Anniversary Autocall Level, triggering an Autocall Event resulting in an automatic Early Redemption
and termination.

Accordingly the ASN417 will be will be suspended from trading on Wednesday, 08 March 2023. ASN417 will redeem
and automatically terminate with effect from Tuesday, 14 March 2023.

JSE Short Code                                        ABMBSN417
JSE Alpha Code                                        ASN417
JSE Long Code                                         ABMBSN417-04MARCH2026
ISIN                                                  ZAE000284790
Initial Issue Size                                    33,010
Payment (per unit)*                                   R1,351.00
Last Date to Trade                                    Tuesday, 7 March 2023
Suspension Date                                       Wednesday, 8 March 2023
Record Date                                           Friday, 10 March 2023
Payment Date                                          Monday, 13 March 2023
Termination Date                                      Tuesday, 14 March 2023


Following the full redemption, there will be RNil ASN417 Notes in issue.


*All settlements happen outside of Strate.



07 March 2023

Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.