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INVESTEC BANK LIMITED - Automatic exercise - FTSIIG

Release Date: 18/12/2024 07:05
Code(s): FTSIIG     PDF:  
Wrap Text
Automatic exercise - FTSIIG

INVESTEC BANK LIMITED


 Underlying Asset                   FTSE 100® Index

 Strike Price                       7218.64

 Expiry Date                        14 December 2026

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         200 000

 JSE Code                           FTSIIG

 ISIN Code                          ZAE000305850


         AUTOMATIC EXERCISE OF FTSIIG AUTOCALL NOTES (AUTOCALLS) ON 17 December 2024

As announced on 02 December 2024, Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"),
hereby notifies Holders of the automatic Exercise on 17 December 2024 (see the related securities above).

On 17 December 2024 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore the
Autocalls were Exercised and expired on 17 December 2024. The Holders are entitled to a Cash Settlement Amount
determined as follows:

 Condition for Exercise                   Closing level of the Index on 17 December 2024 is greater than the Initial
                                          Index Level

 Date of announcement of whether          Wednesday, December 18, 2024, by 7:05 AM
 the Condition for Exercise has
 been met

 Cash Settlement Amount                   R 1,450.0000

 Last date to trade                       Tuesday, December 17, 2024

 Suspension date                          Wednesday, December 18, 2024

 Record date                              Friday, December 20, 2024

 Payment/Redemption Date                  Monday, December 23, 2024

 Termination date                         Tuesday, December 24, 2024



Date: 18 December 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: 18-12-2024 07:05:00
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