Automatic exercise of IMBIID autocall notes
INVESTEC BANK LIMITED
Underlying Asset Imperial Brands PLC (London)
Initial Asset Price 1575.50
Expiry Date 18 November 2026
Cover Ratio 1:1
Call/Put/Other Call
Style Bermudan
Issue Size 25 000
JSE Code IMBIID
ISIN Code ZAE000304978
AUTOMATIC EXERCISE OF IMBIID AUTOCALL NOTES (AUTOCALLS) ON 18 NOVEMBER 2022
Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the automatic
Exercise on 18 November 2022 (see the related securities above).
On 18 November 2022 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore the
Autocalls were Exercised and expired on 18 November 2022. The Holders are entitled to a Cash Settlement Amount
determined as follows:
Condition for Exercise Closing level of the Underlying Asset on 18 November 2022, multiplied by the
Share Adjustment Factor, is greater than GBp1450.00
Date of announcement of whether Monday, 21 November 2022, by 11h00
the Condition for Exercise has
been met
Cash Settlement Amount R1,435.0000
Last date to trade Monday, 21 November 2022
Suspension date Tuesday, 22 November 2022
Record date Thursday, 24 November 2022
Payment/Redemption Date Friday, 25 November 2022
Termination date Monday, 28 November 2022
Date: 21 November 2022
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: 21-11-2022 09:52:00
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