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Potential automatic exercise of IMPIID autocall notes

Published: 2023-05-26 10:49:22 ET
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INVESTEC BANK LIMITED


 Underlying Asset                   Impala Platinum Holdings Ltd (Johannesburg)

 Strike Price (cents)               16544.80

 Expiry Date                        09 June 2027

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         100 000

 JSE Code                           IMPIID

 ISIN Code                          ZAE000311650


         POTENTIAL AUTOMATIC EXERCISE OF IMPIID AUTOCALL NOTES (AUTOCALLS) ON 9 June 2023

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 9 June 2023 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 9 June 2023.

 Condition for Exercise                   The closing level of the Underlying Asset on 9 June 2023, multiplied by the
                                          Dividend Adjustment Performance, is greater than 90% multiplied by the Initial
                                          Asset Price.
 Date of announcement of whether          Monday, 12 June 2023, by 11h00
 the Condition for Exercise has
 been met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                   R1,307.5000

 Last date to trade                       Monday, June 12, 2023

 Suspension date                          Tuesday, June 13, 2023

 Record date                              Thursday, June 15, 2023

 Payment/Redemption Date                  Monday, June 19, 2023

 Termination date                         Tuesday, June 20, 2023



Date: 26 May 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