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Automatic exercise of IMBIID autocall notes

Published: 2022-11-21 10:52:25 ET
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INVESTEC BANK LIMITED


 Underlying Asset                   Imperial Brands PLC (London)

 Initial Asset Price                1575.50

 Expiry Date                        18 November 2026

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         25 000

 JSE Code                           IMBIID

 ISIN Code                          ZAE000304978


         AUTOMATIC EXERCISE OF IMBIID AUTOCALL NOTES (AUTOCALLS) ON 18 NOVEMBER 2022

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the automatic
Exercise on 18 November 2022 (see the related securities above).

On 18 November 2022 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore the
Autocalls were Exercised and expired on 18 November 2022. The Holders are entitled to a Cash Settlement Amount
determined as follows:

 Condition for Exercise                   Closing level of the Underlying Asset on 18 November 2022, multiplied by the
                                          Share Adjustment Factor, is greater than GBp1450.00

 Date of announcement of whether          Monday, 21 November 2022, by 11h00
 the Condition for Exercise has
 been met

 Cash Settlement Amount                   R1,435.0000

 Last date to trade                       Monday, 21 November 2022

 Suspension date                          Tuesday, 22 November 2022

 Record date                              Thursday, 24 November 2022

 Payment/Redemption Date                  Friday, 25 November 2022

 Termination date                         Monday, 28 November 2022



Date: 21 November 2022

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: 1969/004763/06