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INVESTEC BANK LIMITED - Potential automatic exercise of BHPIIA autocall notes

Release Date: 11/04/2024 11:31
Code(s): BHPIIA     PDF:  
Wrap Text
Potential automatic exercise of BHPIIA autocall notes

INVESTEC BANK LIMITED


 Underlying Index                    BHP Group (London)

 Strike Price                        2,393.07

 Expiry Date                         26 April 2027

 Cover Ratio                         1:1

 Call/Put/Other                      Call

 Style                               Bermudan

 Issue Size                          100 000

 Listing Code                        BHPIIA

 ISIN Code                           ZAE000310512


     POTENTIAL AUTOMATIC EXERCISE OF BHPIIA AUTOCALL NOTES (AUTOCALLS) ON 29 APRIL 2024

Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"), hereby notifies Holders of the potential
automatic Exercise on 29 April 2024 (see the related security details above). If the conditions for Exercise are fulfilled
the Autocalls will be automatically Exercised on 29 April 2024.

 Condition for Exercise                    Closing level of the Underlying Index on 29 April 2024 is greater than the
                                           Strike Price

 Date of announcement of whether           Tuesday, 30 April 2024, by 11h00 (GMT+2)
 the Condition for Exercise has
 been met

Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                    R1,600.0000

 Last date to trade                        Tuesday, 30 April 2024

 Suspension date                           Thursday, 2 May 2024

 Record date                               Monday, 6 May 2024

 Payment/Redemption Date                   Tuesday, 7 May 2024

 Termination date                          Wednesday, 8 May 2024



Date: 11 April 2024

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

Date: 11-04-2024 11:31:00
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