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INVESTEC BANK LIMITED - CANCELLATION OF S502720 Potential automatic exercise - FNIB01

Release Date: 28/03/2025 15:34
Code(s): FNIB01
Wrap Text
CANCELLATION OF S502720 Potential automatic exercise - FNIB01

INVESTEC BANK LIMITED

 Index                                        Nikkei 225 Index

 Initial Index Level for Investment Profile   39,581.81
 No. 1
 Expiry Date                                  10 April 2044

 Reset Date                                   10 April 2029

 Cover Ratio                                  1:1

 Call/Put/Other                               Call

 Style                                        Bermudan

 Issue Size                                   1 300 000

 JSE Code                                     FNIB01


POTENTIAL AUTOMATIC EXERCISE OF FLEXIBLE INVESTMENT NOTES (SERIES 1 AUTOCALL) NOTES ("FNIB01") ON 10 APRIL 2025

Investec Bank Limited, as Issuer of FNIB01, hereby notifies Holders of the potential Automatic Exercise of Investment Profile No.1 of
FNIB01 on 10 April 2025 (see the related securities above). If the conditions for Exercise are fulfilled the Investment Profile No.1 of
FNIB01, will be automatically Exercised on 10 April 2025.

 Condition for Exercise                                   Closing level of the Index on 10 February 2025 is greater than the Initial
                                                          Index Level
 Date of announcement of whether the Condition for        Friday, 11 April 2025, by 11:00 AM
 Exercise has been met

If there is an Automatic Exercise of Investment Profile No.1 of FNIB01 on 10 April 2025, Holders will have their Notes redeemed and
will receive the cash settlement amount in respect of their Notes on the Payment Date, unless they have elected in writing to remain
invested in the FIN via a new Investment Profile No.2. Details of the subsequent Investment Profile and the procedure to remain
invested have been disclosed to Holders by the Issuer in terms of the published marketing documentation for the new Investment
Profile No.2.

Salient information should the Condition for Exercise be met:
 Cash settlement amount (capital payment)            R 1,180.00        118,000 cents
 Payment/Redemption date                             Thursday, 17 April 2025

Holders are also informed about the temporary freeze period for trading on the FNIB01:

 Last Day to Trade                                   Thursday, 3 April 2025
 Suspension Date                                     Friday, 4 April 2025
 Record Date                                         Monday, 7 April 2025
 Execution Date                                      Monday, 14 April 2025
 Lift Suspension at commencement of trade            Monday, 14 April 2025

Strate will not process a corporate event; instead, investors will communicate their elections directly to the issuer or financial managers,
and Investec Bank Limited will facilitate the settlement of the transaction directly with the CSDPs of the underlying investors.


Date: 27 March 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: 28-03-2025 03:34:59
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