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INVESTEC BANK LIMITED - Potential automatic exercise - IMPIIB

Release Date: 12/05/2025 09:40
Code(s): IMPIIB     PDF:  
Wrap Text
Potential automatic exercise - IMPIIB

INVESTEC BANK LIMITED

 Underlying Asset                          Impala Platinum Holdings Ltd (JHB)

 Initial Asset Price                       18,665.0

 Expiry Date                               10 May 2027

 Cover Ratio                               1:1

 Call/Put/Other                            Call

 Style                                     Bermudan

 Issue Size                                100,000

 JSE Code                                  IMPIIB

 ISIN Code                                 ZAE000310637


POTENTIAL AUTOMATIC EXERCISE OF IMPIIB AUTOCALL NOTES (AUTOCALLS) ON 09 May 2025

Holders are referred to the SENS announcement dated 23 April 2025, the conditions for Exercise were not met and the Autocalls were
not automatically exercised on 9 April 2025. The dates referred to in the SENS announcement dated 23 April 2025 are not applicable.


  Condition for Exercise                               Closing level of the Underlying Asset on 09 May 2025 is greater than or
                                                       equal to the Initial Level

  Closing level of the underlying asset on 9 May       ZAR 114.21
  2025

  Remaining Exercise Dates                             11 May 2026
                                                       10 May 2027


Date: 12 May 2025


  Copies of Warrant issue documentation can be located on:            Place and Date of Incorporation of the Issuer:
          Internet: www.investecwarrants.com                                  Incorporated in the Republic of South Africa
                                                                              Registration Number: 1969/004763/06
                                                                              Date of Incorporation: 31 March 1969



  For further information kindly contact:                             Sponsor:
           Investec Financial Products                                        Investec Bank Limited
           Tel.: +27 11 286 9663                                              Member of the JSE
           E-mail: FPRetail@investec.co.za                                    Registration Number: 1969/004763/06

Date: 12-05-2025 09:40:00
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