Enhanced Investments - Financial Portal

Automatic Exercise Of IMBIIF Autocall Notes (Autocalls) On 26 April 2023

Published: 2023-04-28 10:22:40 ET

INVESTEC BANK LIMITED


 Underlying Asset                   Imperial Brands PLC (London)

 Initial Asset Price                1630.3973

 Expiry Date                        26 April 2027

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         50 000

 JSE Code                           IMBIIF

 ISIN Code                          ZAE000310488


              AUTOMATIC EXERCISE OF IMBIIF AUTOCALL NOTES (AUTOCALLS) ON 26 APRIL 2023

As announced on 12 April 2023, Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby
notifies Holders of the automatic Exercise on 26 April 2023 (see the related securities above).

On 26 April 2023 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore Autocalls were
Exercised and expired on 26 April 2023. The Holders are entitled to a Cash Settlement Amount determined as follows:

 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 the         Friday, 28 April 2023, by 11h00
 Condition for Exercise has been met


 Cash Settlement Amount                      R1,500.0000

 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: 28 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

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.