Enhanced Investments - Financial Portal

No exercise of IMPIID autocall notes

Published: 2023-06-12 14:20:18 ET

INVESTEC BANK LIMITED


 Underlying Asset                   Impala Platinum Holdings Ltd (Johannesburg)

 Strike Price                       16,544.80

 Expiry Date                        09 June 2027

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         100 000

 Listing Code                       IMPIID

 ISIN Code                          ZAE000311650


  UPDATE ANNOUNCEMENT - NO EXERCISE OF IMPIID AUTOCALL NOTES (AUTOCALLS) ON 9 June 2023

Holders are referred to the SENS announcement dated 26 May 2023, the conditions for Exercise were not met and the
Autocalls were not automatically exercised on 9 June 2023. The dates referred to in the SENS announcement dated 26
May 2023 are not applicable.

 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
 Closing level of the Underlying          15,620.00
 Asset on 9 June 2023

 Remaining Exercise Dates                  Monday, June 10, 2024
                                           Monday, June 9, 2025
                                           Tuesday, June 9, 2026
                                           Wednesday, June 9, 2027



Date: 12 June 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

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
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All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.