Enhanced Investments - Financial Portal

Final Redemption of ASN322; ASN330 and ASN331

Published: 2024-04-18 10:59:25 ET

ABSA BANK LIMITED
(Registration number 1986/004794/06)
JSE Alpha Code: ASN322
ISIN: ZAE000271078
JSE Alpha Code: ASN330
ISIN: ZAE000272779
JSE Alpha Code: ASN331
ISIN: ZAE000272787

REDEMPTION OF ASN322, ASN330 AND ASN331 FINANCIAL INSTRUMENTS

Noteholders are advised of the relevant expiry dates and final expiry prices for the ASN330 and ASN331 Notes.
Noteholders are also advised of the updated expiry details of ASN322.



Full Note details are as follows:

JSE Short Code                                       ABMBSN330
JSE Alpha Code                                       ASN330
JSE Long Code                                        ABMBSN330-19April2024
ISIN                                                 ZAE000272779
Issue Size                                           55,267
Payment (per unit)*                                  R568.88425
Last Date to Trade                                   Friday, 26 April 2024
Suspension                                           Monday, 29 April 2024
Record Date                                          Thursday, 02 May 2024
Payment Date*                                        Friday, 03 May 2024
Termination Date                                     Monday, 06 May 2024



Full Note details are as follows:

JSE Short Code                                       ABMBSN331
JSE Alpha Code                                       ASN331
JSE Long Code                                        ABMBSN331-19April2024
ISIN                                                 ZAE000272787
Issue Size                                           23,166
Payment (per unit)*                                  R593.12798
Last Date to Trade                                   Friday, 26 April 2024
Suspension                                           Monday, 29 April 2024
Record Date                                          Thursday, 02 May 2024
Payment Date*                                        Friday, 03 May 2024
Termination Date                                     Monday, 06 May 2024



Full Note details are as follows:

JSE Short Code                                       ABMBSN322
JSE Alpha Code                                       ASN322
JSE Long Code                                      ABMBSN322-18April2024
ISIN                                               ZAE000271078
Issue Size                                         15,287
Payment (per unit)*                                Will be advised on or before Friday, 26 April 2024
Finalisation Date by 11:00                         Friday, 26 April 2024
Last Date to Trade                                 Thursday, 02 May 2024
Suspension                                         Friday, 03 May 2024
Record Date                                        Tuesday, 07 May 2024
Payment Date*                                      Wednesday, 08 May 2024
Termination Date                                   Thursday, 09 May 2024


*All settlements happen outside of Strate.

18 April 2024

Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

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.