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INVESTEC BANK LIMITED - Potential automatic exercise of SDEIIA autocall notes

Release Date: 04/04/2024 17:30
Code(s): SDEIIA     PDF:  
Wrap Text
Potential automatic exercise of SDEIIA autocall notes

INVESTEC BANK LIMITED


 Index                                Euro Stoxx Select Dividend 30® Index

 Strike Price                         1750.46

 Expiry Date                          12 April 2027

 Cover Ratio                          1:1

 Call/Put/Other                       Call

 Style                                Bermudan

 Issue Size                           800 000

 Issue Price (cents)                  100 000

 JSE Code                             SDEIIA

 ISIN Code                            ZAE000309779


     POTENTIAL AUTOMATIC EXERCISE OF SDEIIA AUTOCALL NOTES (AUTOCALLS) ON 11 APRIL 2024

Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"), hereby notifies Holders of the potential
automatic Exercise on 11 April 2024 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 11 April 2024.

 Condition for Exercise                     Closing level of the Index on 11 April 2024 is greater than the Initial Index
                                            Level

 Date of announcement of whether            Friday, 12 April 2024, by 08h00
 the Condition for Exercise has
 been met

Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                     R1,350.0000

 Last date to trade                         Thursday, April 11, 2024

 Suspension date                            Friday, April 12, 2024

 Record date                                Tuesday, April 16, 2024

 Payment/Redemption Date                    Wednesday, April 17, 2024

 Termination date                           Thursday, April 18, 2024



Date: 04 April 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: 04-04-2024 05:30:00
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