INVESTEC BANK MAURITIUS LIMITED - New financial instrument listing - IMRP14

New financial instrument listing - IMRP14

Investec Bank (Mauritius) Limited
Incorporated in the Republic of Mauritius
Company Registration number 8752/3362
Business Registration number C09008752
JSE Share Code: IMRP14
JSE Issuer Share Code: IVES
ISIN: MU0455S00149
LEI Number: 213800VEN92NOOOJF520


INVESTEC BANK (MAURITIUS) LIMITED: ISSUE OF CLASS IMRP14 CREDIT-LINKED
UNSECURED REDEEMABLE CUMULATIVE NON-PARTICIPATING NO PAR VALUE
PREFERENCE SHARES (CREDIT-LINKED REDEEMABLE PREFERENCE SHARES):
IMRP14

Following the establishment of a Medium Term Note and Preference Share Programme
('the Programme') for the inward listing of notes or preference shares on the Johannesburg
Stock Exchange, the amended and restated Programme Memorandum ("the Programme
Memorandum") dated 1 July 2019 in respect of the Programme was approved by the JSE
Limited ("the JSE") on 1 July 2019.

Investors are advised that, following a successful private placement, the JSE has approved
the inward listing of 3,750 Credit-Linked Redeemable Preference Shares, as Class IMRP14
with effect from Thursday, 14 December 2023 ("the listing date") in the "Preference Share"
sector of the Main Board with the abbreviated name "IMRPREF14", alpha code IMRP14 and
ISIN code MU0455S00149.

Salient features of the Class IMRP14 Redeemable Preference Shares are detailed
below:

Issuer                        Investec Bank (Mauritius) Limited

Instrument code               IMRP14

ISIN                          MU0455S00149

Instrument                    Credit-Linked Unsecured Redeemable Cumulative Non-
                              Participating Preference Shares
Aggregate Issue
price                         R150 000 000

Issue price per share         R40,000.00

Issue date                    14 December 2023

Dividend rate(s)              ZAR-JIBAR-SAFEX with a Designated Maturity of 3 (three)
                              months plus the applicable Margin
Dividend                      Issue Date
commencement date

Dividend payment              20 March, 20 June, 20 September and 20 December of
dates                         each year, and the Final Redemption Date or any earlier
                              date on which this Tranche of Programme Preference
                              Shares are Redeemed, with the first Dividend Payment
                              Date being 20 March 2024.

Margin                        -0.0142% (minus zero point zero one four two percent)

Scheduled                     20 December 2028
Termination Date

Business day                  Following Business Day
convention

Total amount in               R3,938,733,248.96
issue, after this
issuance

Final Redemption              As determined in accordance with Condition 4.1 and 4.2 of
Amount                        the Credit Linked Conditions
Final Redemption              The Final Redemption Date (as defined in the Credit Linked
Date                          Conditions)

Additional Terms              as set out in Annexure A of the Applicable Pricing
and                           Supplement. The Additional Terms/changes relate to
conditions/changes            Terms Adjustments: Issuer, Terms Adjustment:
to the Programme              Programme Preference Shareholder, the cancellation of
Memorandum                    the payment of Preference Dividends if an Event
                              Determination Date occurs, the disapplication of certain
                              terms set out in the Programme Memorandum, conditions
                              relating to early redemption of the Programme Preference
                              Shares and the payment of unwind costs.


13 December 2023
Johannesburg

Sponsor:
Investec Bank Limited

Date: 13-12-2023 02:40:00
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