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INVESTEC BANK LIMITED - Potential automatic exercise of IMBIIG autocall notes

Release Date: 14/04/2023 11:45
Code(s): IMBIIG     PDF:  
Wrap Text
Potential automatic exercise of IMBIIG autocall notes

INVESTEC BANK LIMITED


 Underlying Index                    Imperial Brands PLC (London)

 Strike Price                        1,636.59

 Expiry Date                         26 April 2027

 Cover Ratio                         1:1

 Call/Put/Other                      Call

 Style                               Bermudan

 Issue Size                          90 000

 Listing Code                        IMBIIG

 ISIN Code                           ZAE000310546


     POTENTIAL AUTOMATIC EXERCISE OF IMBIIG AUTOCALL NOTES (AUTOCALLS) ON 27 APRIL 2023

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 27 April 2023 (see the related security details above). If the conditions for Exercise are fulfilled
the Autocalls will be automatically Exercised on 27 April 2023.

 Condition for Exercise                    Closing level of the Underlying Index on 27 April 2023 is greater than the
                                           Strike Price

 Date of announcement of whether           Friday, 28 April 2023, by 11h00 (GMT+2)
 the Condition for Exercise has
 been met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                    R1,302.5000

 Last date to trade                        Friday, 28 April 2023

 Suspension date                           Tuesday, 2 May 2023

 Record date                               Thursday, 4 May 2023

 Payment/Redemption Date                   Friday, 5 May 2023

 Termination date                          Monday, 8 May 2023



Date: 14 April 2023

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: 1972/008905/07

Date: 14-04-2023 11:45:00
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