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Potential automatic exercise of BATIIG autocall notes

Published: 2023-04-11 16:55:19 ET
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INVESTEC BANK LIMITED


 Underlying Index                    British American Tobacco PLC (London)

 Strike Price                        3379.98

 Expiry Date                         22 April 2027

 Cover Ratio                         1:1

 Call/Put/Other                      Call

 Style                               Bermudan

 Issue Size                          100 000

 Listing Code                        BATIIG

 ISIN Code                           ZAE000310413


     POTENTIAL AUTOMATIC EXERCISE OF BATIIG AUTOCALL NOTES (AUTOCALLS) ON 24 APRIL 2023

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 24 April 2023 (see the related security details above). If the conditions for Exercise are fulfilled
the Autocalls will be automatically Exercised on 24 April 2023.

 Condition for Exercise                    Closing level of the Underlying Index on 24 April 2023 is greater than the
                                           Strike Price

 Date of announcement of whether           Tuesday, 25 April 2023, by 11h00 (GMT+2)
 the Condition for Exercise has
 been met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                    R1,264.0000

 Last date to trade                        Tuesday, 25 April 2023

 Suspension date                           Wednesday, 26 April 2023

 Record date                               Tuesday, 2 May 2023

 Payment/Redemption Date                   Wednesday, 3 May 2023

 Termination date                          Thursday, 4 May 2023



Date: 11 April 2023

Place and Date of Incorporation of the Issuer:
        Incorporated in the Republic of South Africa
        Registration Number: 1969/004763/06
        Date of Incorporation: 31 March 1969


For further information kindly contact:
         Investec Financial Products
         Tel.: +27 11 286 9663
         E-mail: FPRetail@investec.co.za

Sponsor:
        Investec Bank Limited
Member of the JSE
Registration Number: 1969/004763/06