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ABSA BANK LIMITED - Autocall of ASN949

Release Date: 19/10/2023 12:59
Code(s): ASN949     PDF:  
Wrap Text
Autocall of ASN949

ABSA BANK LIMITED
(Registration number 1986/004794/06)
("Issuer")
JSE Alpha Code: ASN949
ISIN: ZAE000316246

AUTOCALL OF ASN949

In terms of paragraphs 30(c) of the Applicable Pricing Supplement, noteholders are advised of a potential autocall event
of ASN949 ("Notes"). If on the first observation date, being 30 October 2023 ("Observation Date"), the level of the Index is
at or above the Initial Index Level, then the Notes will be deemed to be "autocalled" by the Issuer and the Issuer will redeem
the Notes.

The level of on the Observation Date will be published on or before 11h00 on Friday, 3rd November 2023.

Settlement Details if the note autocalls:

Index                                                   Nasdaq Yewno Global Innovative Technologies Ex Disputable
                                                        Activities EUR ER 5% Index
JSE Short Code                                          ABMBSN949
JSE Alpha Code                                          ASN949
JSE Long Code                                           ABMBSN949-04NOVEMBER2027
ISIN                                                    ZAE000316246
Initial Issue Size                                      16,007
Payment (per unit)*                                     Will be advised on or before Friday, 3rd November 2023
Finalisation Date by 11:00                              Friday, 03 November 2023
Last Date to Trade                                      Friday, 3 November 2023
Suspension                                              Monday, 6 November 2023
Record Date                                             Wednesday, 8 November 2023
Payment Date*                                           Thursday, 9 November 2023
Termination Date                                        Friday, 10 November 2023

*All settlements happen outside of Strate.


19 October 2023

Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 19-10-2023 12:59:00
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