To view the PDF file, sign up for a MySharenet subscription.

INVESTEC BANK LIMITED - Automatic exercise of TPBIIA autocall notes

Release Date: 05/10/2021 09:10
Code(s): TPBIIA     PDF:  
Wrap Text
Automatic exercise of TPBIIA autocall notes

INVESTEC BANK LIMITED


 Index                              Topix ® Banks Index
 Strike Price                       140.55
 Expiry Date                        03 October 2024
 Cover Ratio                        1:1
 Call/Put/Other                     Call
 Style                              Bermudan
 Issue Size                         80,000
 JSE Code                           TPBIIA
 ISIN Code                          ZAE000279386


         AUTOMATIC EXERCISE OF TPBIIA AUTOCALL NOTES (AUTOCALLS) ON 04 OCTOBER 2021

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the automatic
Exercise which occurred on 04 October 2021 (see the related securities above).

On 04 October 2021 (the Valuation and Exercise Date), the conditions for early exercise were met, therefore the
Autocalls were automatically exercised and expired on 04 October 2021. The Holders are entitled to a Cash Settlement
Amount determined as follows:

 Condition for Exercise                   Closing level of the Index on 04 October 2021 is greater
                                          than the Strike Price

 Date of announcement of whether          Tuesday, 05 October 2021, by 11h00
 Condition for Exercise was met

 Cash Settlement Amount                   ZAR1,444.00

 Last date to trade                       Tuesday, 05 October 2021

 Suspension date                          Wednesday, 06 October 2021

 Record date                              Friday, 08 October 2021

 Payment/Redemption Date                  Monday, 11 October 2021

 Termination date                         Tuesday, 12 October 2021



Date: 05 October 2021

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: 05-10-2021 09:10:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.