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INVESTEC BANK LIMITED - Automatic exercise - ASXIIA

Release Date: 08/04/2025 09:50
Code(s): ASXIIA     PDF:  
Wrap Text
Automatic exercise - ASXIIA

INVESTEC BANK LIMITED



 Underlying Asset                           S&P / ASX 200 Index

 Initial Asset Price                        0.0

 Expiry Date                                07 April 2025

 Cover Ratio                                1:1

 Call/Put/Other                             Call

 Style                                      European

 Issue Size                                 850,000

 JSE Code                                   ASXIIA

 ISIN Code                                  ZAE000303566



AUTOMATIC EXERCISE OF ASXIIA AUTOCALL NOTES (AUTOCALLS) ON 07 April 2025

As announced on 24 March 2025, Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"), hereby notifies Holders
of the automatic Exercise on 07 April 2025 (see the related securities above).

On 07 April 2025 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore the Autocalls were Exercised
and expired on 07 April 2025. The Holders are entitled to a Cash Settlement Amount determined as follows:


  Condition for Exercise                                Closing level of the Index on 07 April 2025 is greater than the Initial Index
                                                        Level

  Date of announcement of whether the Condition         Tuesday, 08 April 2025, by 11:00 AM
  for Exercise has been met
  Cash settlement amount                                R 1,600.00

  Last date to trade                                    Tuesday, 08 April 2025

  Suspension date                                       Wednesday, 09 April 2025

  Record date                                           Friday, 11 April 2025

  Payment/Redemption date                               Monday, 14 April 2025

  Termination date                                      Tuesday, 15 April 2025



Date: 08 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: 08-04-2025 09:50:00
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