Try our mobile app

Potential automatic exercise of SXEIAJ autocall notes

Published: 2023-05-30 18:25:19 ET
<<<  go to JSE:INP company page
INVESTEC BANK LIMITED


 Underlying Asset                     Euro Stoxx 50 Index

 Strike Price                         3975.26

 Expiry Date                          17 December 2024

 Cover Ratio                          1:1

 Call/Put/Other                       Call

 Style                                Bermudan

 Issue Size                           100 000

 JSE Code                             SXEIAJ

 ISIN Code                            ZAE000317368


     POTENTIAL AUTOMATIC EXERCISE OF SXEIAJ AUTOCALL NOTES (AUTOCALLS) ON 14 JUNE 2023

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 14 June 2023 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 14 June 2023.

 Condition for Exercise                     Closing level of the Index on 14 June 2023 is greater than
                                            the Initial Index Level

 Date of announcement of whether            Thursday, 15 June 2023, by 11h00
 Condition for Exercise will be met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                     R1,085.00

 Last date to trade                         Thursday, 15 June 2023

 Suspension date                            Monday, 19 June 2023

 Record date                                Wednesday, 21 June 2023

 Payment/Redemption Date                    Thursday, 22 June 2023

 Termination date                           Friday, 23 June 2023



Date: 30 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