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Potential automatic exercise of IMPIIA autocall notes

Published: 2023-04-12 11:20:27 ET
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INVESTEC BANK LIMITED


 Underlying Asset                   Impala Platinum Holdings Ltd (Johannesburg)

 Strike Price                       19965.03

 Expiry Date                        26 April 2027

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         50 000

 JSE Code                           IMPIIA

 ISIN Code                          ZAE000310470


      POTENTIAL AUTOMATIC EXERCISE OF IMPIIA AUTOCALL NOTES (AUTOCALLS) ON 26 April 2023

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 26 April 2023 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 26 April 2023.

 Condition for Exercise                   Closing level of the Underlying Asset on 26 April 2023, multiplied by the Share
                                          Adjustment Factor, is greater than the Initial Asset Price

 Date of announcement of whether          Friday, 28 April 2023, by 11h00
 the Condition for Exercise has
 been met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                   R1,365.0000

 Last date to trade                       Friday, 28 April 2023

 Suspension date                          Tuesday, 02 May 2023

 Record date                              Thursday, 04 May 2023

 Payment/Redemption Date                  Friday, 05 May 2023

 Termination date                         Monday, 08 May 2023



Date: 12 April 2023

Copies of Warrant issue documentation can be located on:
        Internet: www.investecwarrants.com

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