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INVESTEC BANK LIMITED - Automatic exercise - BATIIM

Release Date: 11/02/2025 10:13
Code(s): BATIIM     PDF:  
Wrap Text
Automatic exercise - BATIIM

INVESTEC BANK LIMITED

 Underlying Asset                          British American Tobacco PLC (London)

 Initial Asset Price                       3,011.05

 Expiry Date                               09 February 2028

 Cover Ratio                               1:1

 Call/Put/Other                            Call

 Style                                     Bermudan

 Issue Size                                150,000

 JSE Code                                  BATIIM

 ISIN Code                                 ZAE000318937


AUTOMATIC EXERCISE OF BATIIM AUTOCALL NOTES (AUTOCALLS) ON 10 February 2025

As announced on 28 January 2025, Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"), hereby notifies Holders
of the automatic Exercise on 10 February 2025 (see the related securities above).

On 10 February 2025 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore the Autocalls were
Exercised and expired on 10 February 2025. The Holders are entitled to a Cash Settlement Amount determined as follows:

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        Tuesday, 11 February 2025, by 11:00 AM
for Exercise has been met

Cash settlement amount                               R 1,540.00

Last date to trade                                   Tuesday, 11 February 2025

Suspension date                                      Wednesday, 12 February 2025

Record date                                          Friday, 14 February 2025

Payment/Redemption date                              Monday, 17 February 2025

Termination date                                     Tuesday, 18 February 2025


Date: 11 February 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: 11-02-2025 10:13:00
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