Sharenet Sites
Sectors
Scanner
To view the PDF file, sign up for a MySharenet subscription.
Back to SXEIAK SENS 

INVESTEC BANK LIMITED - Potential automatic exercise of SXEIAK autocall notes

Release Date: 28/07/2023 11:50
Code(s): SXEIAK     PDF:  
Wrap Text
Potential automatic exercise of SXEIAK autocall notes

INVESTEC BANK LIMITED


 Underlying Asset                    Euro Stoxx 50 Index

 Strike Price                        4241.36

 Expiry Date                         13 February 2025

 Cover Ratio                         1:1

 Call/Put/Other                      Call

 Style                               Bermudan

 Issue Size                          100 000

 JSE Code                            SXEIAK

 ISIN Code                           ZAE000318929


    POTENTIAL AUTOMATIC EXERCISE OF SXEIAK AUTOCALL NOTES (AUTOCALLS) ON 14 August 2023

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 14 August 2023 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 14 August 2023.

 Condition for Exercise                    Closing level of the Underlying Asset on 14 August 2023 is greater than the
                                           Strike Price.

 Date of announcement of whether           Tuesday, August 15, 2023, by 11h00
 the Condition for Exercise has
 been met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount
                                           R1,070.0000
 Last date to trade
                                           Tuesday, August 15, 2023
 Suspension date
                                           Wednesday, August 16, 2023
 Record date
                                           Friday, August 18, 2023
 Payment/Redemption Date
                                           Monday, August 21, 2023
 Termination date
                                           Tuesday, August 22, 2023


Date: 28 July 2023

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: 28-07-2023 11:50:00
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.