Enhanced Investments - Financial Portal

Potential automatic exercise of BATIIG autocall notes

Published: 2023-04-25 13:10:43 ET

INVESTEC BANK LIMITED


 Underlying Asset                   British American Tobacco PLC (London)

 Strike Price                       3,379.98

 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

Holders are referred to the SENS announcement dated 11 April 2023, the conditions for Exercise were not met and the
Autocalls were not automatically exercised on 24 April 2023. The dates referred to in the SENS announcement dated
11 April 2023 are not applicable.

 Condition for Exercise                   Closing level of the Underlying Asset on 24 April 2023, multiplied by the Share
                                          Adjustment Factor, is greater than the Strike Price

 Closing level of the Underlying          2,922.00
 Asset on 24 April 2023

 Remaining Exercise Dates                 Monday, 22 April 2024
                                          Tuesday, 22 April 2025
                                          Tuesday, 22 April 2026
                                          Thursday, 22 April 2027



Date: 25 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

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

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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.