Enhanced Investments - Financial Portal

Expiry of Equity Linked Note – IBLIIJ

Published: 2024-03-12 18:23:25 ET

INVESTEC BANK LIMITED

EXPIRY OF EQUITY LINKED NOTE – IBLIIJ


 Index                                  MSCI World Net Total Return USD Index
                                        (NDDUWI Index)

 Strike Price                           8,374.506

 Expiry Date                            11 March 2024

 Cover Ratio                            1:1

 Call/Put/Other                         Call

 Style                                  European

 Issue Size                             102 000

 JSE Code                               IBLIIJ

 ISIN Code                              ZAE000296851


Investec Bank Limited (“Investec”), as Issuer of the above Equity Linked Note (ELN), hereby reminds holders thereof of the expiry of
the ELN on 11 March 2024.

The holders of the ELN are entitled to a Cash Settlement Amount, which amount has been ascertained by Investec on 12 March 2024
and will be paid on 22 March 2024. Further amounts and dates per below:


 Cash Settlement Amount                                                                       R162,812,400.00
 Cash Settlement Amount per note by 11:00                                                            R1,596.20

 Initial Investment Amount (IIA)                                                              R102,000,000.00
 Expiry date                                                                          Monday, 11 March 2024
 Last date to trade                                                                   Monday, 11 March 2024

 Suspension date                                                                     Tuesday, 12 March 2024
 Record date                                                                        Thursday, 14 March 2024
 Payment/Redemption Date                                                              Monday, 25 March 2024

 Termination date                                                                    Tuesday, 26 March 2024


Date: 12 March 2024

Copies of the offering circular may be obtained from:
        Investec Bank Limited
        100 Grayston Drive
        Sandown
        Sandton
        2196

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 11 291 0400
          E-mail: investecinstosalesandstructuring@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.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
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.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
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.