Automatic exercise of BATIIB autocall notes
INVESTEC BANK LIMITED
Underlying Asset British American Tobacco PLC (London)
Strike Price 2643.40
Expiry Date 12 March 2026
Cover Ratio 1:1
Call/Put/Other Call
Style Bermudan
Issue Size 160 000
JSE Code BATIIB
ISIN Code ZAE000297248
AUTOMATIC EXERCISE OF BATIIB AUTOCALL NOTES (AUTOCALLS) ON 14 MARCH 2022
Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the automatic
Exercise on 14 March 2022 (see the related securities above).
On 14 March 2022 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore the Autocalls
were Exercised and expired on 14 March 2022. The Holders are entitled to a Cash Settlement Amount determined as
follows:
Condition for Exercise Closing level of the Underlying Asset on 14 March 2022 is greater than
the Strike Price
Date of announcement of whether the Tuesday, 15 March 2022, by 11h00
Condition for Exercise has been met
Cash Settlement Amount R1,420.0000
Last date to trade Tuesday, 15 March 2022
Suspension date Wednesday, 16 March 2022
Record date Friday, 18 March 2022
Payment/Redemption Date Tuesday, 22 March 2022
Termination date Wednesday, 23 March 2022
Date: 15 March 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: 15-03-2022 11:05:00
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.