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INVESTEC BANK LIMITED - Potential automatic exercise - GSDIID

Release Date: 14/06/2024 11:50
Code(s): GSDIID     PDF:  
Wrap Text
Potential automatic exercise - GSDIID

INVESTEC BANK LIMITED


 Underlying Asset                   Stoxx Global Select Dividend 100 Index

 Strike Price                       2616.7

 Expiry Date                        30 June 2028

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         1 000 000

 JSE Code                           GSDIID

 ISIN Code                          ZAE000322715


         POTENTIAL AUTOMATIC EXERCISE OF GSDIID AUTOCALL NOTES (AUTOCALLS) ON 1 July 2024

Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"), hereby notifies Holders of the potential
automatic Exercise on 1 July 2024 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 1 July 2024.

 Condition for Exercise                   Closing level of the Underlying Asset on 1 July 2024 is greater than the Strike
                                          Price.

 Date of announcement of whether          Tuesday, 02 July 2024, by 11h00
 the Condition for Exercise has
 been met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                   R1,171.0000

 Last date to trade                       Tuesday, 02 July 2024

 Suspension date                          Wednesday, 03 July 2024

 Record date                              Friday, 05 July 2024

 Payment/Redemption Date                  Monday, 08 July 2024

 Termination date                         Tuesday, 09 July 2024



Date: 14 June 2024

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: 14-06-2024 11:50:00
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