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INVESTEC BANK LIMITED - Potential automatic exercise - BATIIG

Release Date: 04/04/2025 08:46
Code(s): BATIIG     PDF:  
Wrap Text
Potential automatic exercise - BATIIG

INVESTEC BANK LIMITED



 Underlying Asset                            British American Tobacco PLC (London)

 Initial Asset Price                         3,379.98

 Expiry Date                                 22 April 2027

 Cover Ratio                                 1:1

 Call/Put/Other                              Call

 Style                                       Bermudan

 Issue Size                                  100,000

 JSE Code                                    BATIIG

 ISIN Code                                   ZAE000310413



POTENTIAL AUTOMATIC EXERCISE OF BATIIG AUTOCALL NOTES (AUTOCALLS) ON 22 April 2025

Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"), hereby notifies Holders of the potential automatic Exercise
on 22 April 2025 (see the related securities above). If the conditions for Exercise are fulfilled the Autocalls will be automatically
Exercised on 22 April 2025.

  Condition for Exercise                                 Closing level of the Index on 22 April 2025 is greater than or equal to the
                                                         Initial Index Level

  Date of announcement of whether the Condition          Wednesday, 23 April 2025, by 11:00 AM
  for Exercise has been met


Salient information should the Condition for Exercise be met:

  Cash settlement amount                                 R 1,792.00

  Last date to trade                                     Wednesday, 23 April 2025

  Suspension date                                        Thursday, 24 April 2025

  Record date                                            Tuesday, 29 April 2025

  Payment/Redemption date                                Wednesday, 30 April 2025

  Termination date                                       Friday, 02 May 2025



Date: 04 April 2025


  Copies of Warrant issue documentation can be located on:             Place and Date of Incorporation of the Issuer:
          Internet: www.investecwarrants.com                                   Incorporated in the Republic of South Africa
                                                                               Registration Number: 1969/004763/06
                                                                               Date of Incorporation: 31 March 1969



  For further information kindly contact:                              Sponsor:
           Investec Financial Products                                         Investec Bank Limited
           Tel.: +27 11 286 9663                                               Member of the JSE
           E-mail: FPRetail@investec.co.za                                     Registration Number: 1969/004763/06

Date: 04-04-2025 08:46:00
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