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INVESTEC BANK LIMITED - Potential automatic exercise - IMPIIB

Release Date: 23/04/2025 10:10
Code(s): IMPIIB     PDF:  
Wrap Text
Potential automatic exercise - IMPIIB

INVESTEC BANK LIMITED



 Underlying Asset                            Impala Platinum Holdings Ltd (JHB)

 Initial Asset Price                         18,665.0

 Expiry Date                                 10 May 2027

 Cover Ratio                                 1:1

 Call/Put/Other                              Call

 Style                                       Bermudan

 Issue Size                                  100,000

 JSE Code                                    IMPIIB

 ISIN Code                                   ZAE000310637


POTENTIAL AUTOMATIC EXERCISE OF IMPIIB AUTOCALL NOTES (AUTOCALLS) ON 09 May 2025

Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"), hereby notifies Holders of the potential automatic Exercise
on 09 May 2025 (see the related securities above). If the conditions for Exercise are fulfilled the Autocalls will be automatically
Exercised on 09 May 2025.

  Condition for Exercise                                 Closing level of the Underlying Asset on 09 May 2025 is greater than or
                                                         equal to the Initial Level

  Date of announcement of whether the Condition          Monday, 12 May 2025, by 11:00 AM
  for Exercise has been met


Salient information should the Condition for Exercise be met:

  Cash settlement amount                                 R 2,170.00

  Last date to trade                                     Monday, 12 May 2025

  Suspension date                                        Tuesday, 13 May 2025

  Record date                                            Thursday, 15 May 2025

  Payment/Redemption date                                Friday, 16 May 2025

  Termination date                                       Monday, 19 May 2025



Date: 23 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: 23-04-2025 10:10:00
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