INVESTEC BANK LIMITED
ISSUE OF FLEXIBLE INVESTMENT NOTES (SERIES 1 AUTOCALL) (NOTES) FNIB23 Series 1 Stoxx Global
Select Dividend 100 Index Flexible Investment Notes – Oct 2025
Underlying Asset Index
Strike Price 3,343.85
Expiry Date 30 October 2045
Reset Date No 1 6 November 2030
Cover Ratio 1:1
Call/Put/Other Call
Style Bermudan
Issue Size 60,000
JSE Code FNIB23
ISIN Code ZAE000354627
The JSE Limited (“JSE”) has approved the listing of the abovementioned Notes and trading will commence on Thursday
30 October 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.
Date: 29 October 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