Enhanced Investments - Financial Portal

Update announcement - automatic exercise of BATIIH autocall notes

Published: 2023-07-20 15:15:30 ET

INVESTEC BANK LIMITED


 Underlying Asset                   British American Tobacco PLC (London)

 Strike Price                       3,527.60

 Expiry Date                        19 July 2027

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         150 000

 JSE Code                           BATIIH

 ISIN Code                          ZAE000313151


    UPDATE ANNOUNCEMENT - AUTOMATIC EXERCISE OF BATIIH AUTOCALL NOTES (AUTOCALLS) ON
                                      19 JULY 2023

Holders are referred to the SENS announcement dated 10 July 2023, the conditions for Exercise were not met and the
Autocalls were not automatically exercised on 19 July 2023. The dates referred to in the SENS announcement dated
10 July 2023 are not applicable.

 Condition for Exercise                   Closing level of the Underlying Asset on 19 July 2023, multiplied by the Share
                                          Adjustment Factor, is greater than the Strike Price

 Closing level of the Underlying          2,612.00
 Asset on 19 July 2023

 Remaining Exercise Dates                 Friday, 19 July 2024
                                          Monday, 21 July 2025
                                          Monday, 20 July 2026
                                          Monday, 19 July 2027



Date: 20 July 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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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.