Try our mobile app

Issue of Flexible Investment Notes - FNIB21

Published: 2025-08-21 12:05:19 ET
<<<  go to JSE:INP company page
INVESTEC BANK LIMITED

ISSUE OF FLEXIBLE INVESTMENT NOTES (SERIES 1 AUTOCALL NOTES) (NOTES)
Investec Flexible Investment Notes FNIB21

Commencement Date: 22 August 2025

INVESTMENT PROFILE NO. 1: INVESTEC ZAR CSI 300 DIGITAL PLUS

 Index                                    SHSZ300 Index (Shanghai Shenzhen CSI 300)
 Initial Index Level                      The arithmetic average of the Underlying Asset on the Initial Valuation Dates.

 Initial Valuation Date                   01 September 2025

 Final Valuation Dates                    20 February 2029

 Call/Put/Other                           Call
 Style                                    Bermudan


THE NOTES:

 Cover Ratio                              1:1
 Scheduled Redemption Date                22 August 2045
 Issue Size                               700 000
 JSE Code                                 FNIB21
 ISIN Code                                ZAE000351680

The JSE Limited (“JSE”) has approved the listing of the abovementioned Notes and trading will commence on Friday 22 August 2025.
All members of the JSE may participate in trading, which will occur according to normal JSE Rules.

The Flexible Investment Notes comprise inward listed securities classified as foreign for purposes of the South African Reserve Bank
Exchange Control Regulations. Therefore, the full nominal or notional exposure in respect of these Notes must be marked off against
the Holder’s foreign portfolio allowance and emigrants from the Common Monetary Area shall not be entitled to utilise “blocked Rand”
in order to subscribe for the Notes.

As the Notes have been dematerialised, settlement will be effected electronically through the Strate system of the JSE and
accordingly, certificates evidencing the Notes will not be issued to Holders.

Any captalised terms referred to herein, and not defined, shall bear the meanings ascribed thereto in the Note issue documentation.

Initial Averaging Dates: 19 August 2025, 20 August 2025, 21 August 2025, 22 August 2025, 25 August 2025, 26 August 2025, 27
August 2025, 28 August 2025, 29 August 2025, 01 September 2025

Final Averaging Dates: 30 January 2029, 31 January 2029, 01 February 2029, 02 February 2029, 05 February 2029,
06 February 2029, 07 February 2029, 08 February 2029, 09 February 2029 and 20 February 2029

Date: 21 August 2025

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 11 286 9663
          E-mail: FPRetail@investec.co.za

Sponsor: Investec Bank Limited
         Member of the JSE
         Registration Number: 1972/008905/07