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INVESTEC BANK LIMITED - Conditional coupon - USSIIA

Release Date: 31/05/2023 08:52
Code(s): USSIIA     PDF:  
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Conditional coupon - USSIIA

INVESTEC BANK LIMITED


 Underlying Indices and Initial     S&P 500 Index                             4,158.24
 Index Levels                       FTSE 100 Index                            7,585.46
                                    Euro Stoxx Select Dividend 30 Index       1,740.38

 Expiry Date                        30 May 2028
 Cover Ratio                        1:1
 Call/Put/Other                     Call
 Style                              Bermudan
 Issue Size                         100 000
 JSE Code                           USSIIA
 ISIN Code                          ZAE000311395


                                                CONDITIONAL COUPON

As announced on 18 May 2023, Investec Bank Limited, as Issuer of the above Autocall Notes (“Autocalls”), hereby
notifies Holders of the Coupon payable.

On 30 May 2023 (the valuation Date), the conditions for the Coupon to be paid were met and Holders are entitled to a
Cash Settlement Amount determined as follows.

 Conditions for Coupon Payment            Closing level of all Underlying Indices on 30 May 2023 are greater than the
                                          respective Initial Index Levels multiplied by 85%

 Date of announcement of whether          Wednesday, 31 May 2023, by 11h00
 the Condition for the Coupon
 Payment has been met

 Cash Settlement Amount                   R130.0000

 Last date to trade                       Wednesday, 31 May 2023

 Record date                              Monday, 05 June 2023

 Payment Date                             Tuesday, 06 June 2023



Date: 31 May 2023

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

Date: 31-05-2023 08:52:00
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