Try our mobile app

Issue of autocall notes - BATIIK

Published: 2022-11-18 10:45:33 ET
<<<  go to JSE:INP company page
INVESTEC BANK LIMITED

ISSUE OF AUTOCALL NOTES (NOTES) - BATIIK
Investec Autocall Notes Commencement Date: 21 November 2022


 Underlying Asset                   British American Tobacco PLC (London)
 Strike Price                       3270.4788
 Expiry Date                        15 November 2027
 Cover Ratio                        1:1
 Call/Put/Other                     Call
 Style                              Bermudan
 Issue Size                         200 000
 JSE Code                           BATIIK
 ISIN Code                          ZAE000316428


The JSE Limited (“JSE”) has approved the listing of the abovementioned Notes and trading will commence on Monday,
21 November 2022. All members of the JSE may participate in trading, which will occur according to normal JSE
Rules.

The 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: 18 November 2022


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