Automatic exercise of BATIID autocall notes
INVESTEC BANK LIMITED
Underlying Asset British American Tobacco PLC (London)
Strike Price 2719.12
Expiry Date 20 April 2026
Cover Ratio 1:1
Call/Put/Other Call
Style Bermudan
Issue Size 50 000
JSE Code BATIID
ISIN Code ZAE000297990
AUTOMATIC EXERCISE OF BATIID AUTOCALL NOTES (AUTOCALLS) ON 20 APRIL 2022
Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the automatic
Exercise on 20 April 2022 (see the related securities above).
On 20 April 2022 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore the Autocalls
were Exercised and expired on 20 April 2022. The Holders are entitled to a Cash Settlement Amount determined as
follows:
Condition for Exercise Closing level of the Underlying Asset on 20 April 2022 is greater than the
Strike Price
Date of announcement of whether Thursday, 21 April 2022, by 11h00
the Condition for Exercise has
been met
Cash Settlement Amount R1,180.0000
Last date to trade Thursday, 21 April 2022
Suspension date Friday, 22 April 2022
Record date Tuesday, 26 April 2022
Payment/Redemption Date Thursday, 28 April 2022
Termination date Friday, 29 April 2022
Date: 21 April 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: 21-04-2022 09:15:00
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