Automatic exercise of ELVIIA autocall notes
INVESTEC BANK LIMITED
Index Euronext® CDP Environment World EW Decrement 5%
Index (Bloomberg: WLENV Index)
Initial Index Level 1119.77
Expiry Date 24/03/25
Cover Ratio 1:1
Call/Put/Other Call
Style Bermudan
Issue Size 500 000
JSE Code ELVIIA
ISIN Code ZAE000285953
AUTOMATIC EXERCISE OF ELVIIA AUTOCALL NOTES (AUTOCALLS) ON 03 APRIL 2023
Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 03 April 2023 (see the related securities above).
On 03 April 2023 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore Autocalls were
Exercised and expired on 03 April 2023. The Holders are entitled to a Cash Settlement Amount determined as follows:
Condition for Exercise Closing level of the Index on 03 April 2023 is greater than the Initial
Index Level
Date of announcement of whether the Tuesday, 04 April 2023, by 11h00
Condition for Exercise has been met
Cash Settlement Amount R1,756.0000
Last date to trade Tuesday, 04 April 2023
Suspension date Wednesday, 05 April 2023
Record date Tuesday, 11 April 2023
Payment/Redemption Date Wednesday, 12 April 2023
Termination date Thursday, 13 April 2023
Date: 20 March 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: 20-03-2023 11:30:00
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