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INVESTEC BANK LIMITED - Potential automatic exercise or coupon payment - USSIIA

Release Date: 13/05/2025 11:05
Code(s): USSIIA     PDF:  
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Potential automatic exercise or coupon payment - USSIIA

INVESTEC BANK LIMITED

 Underlying Indices and Initial        S&P 500 Index                             4,158.24
 Index Levels                          FTSE 100 Index                            7,585.46
                                       Euro Stoxx Select Dividend 30 Index       1,740.38

 Expiry Date                           30 May 2028
 Cover Ratio                           1:1
 Call/Put/Other                        Call
 Style                                 Bermudan
 Issue Size                            100 000
 JSE Code                              USSIIA
 ISIN Code                             ZAE000311395


POTENTIAL AUTOMATIC EXERCISE OR COUPON PAYMENT OF USSIIA AUTOCALL NOTES (AUTOCALLS) ON 27 MAY 2025

Investec Bank Limited, as Issuer of the above Autocall Notes ("Autocalls"), hereby notifies Holders of either:
(a) the potential automatic Exercise on 27 May 2025 (see the related securities above) or
(b) the potential payment of a coupon.

If the conditions for Exercise are fulfilled the Autocalls will be automatically Exercised on 27 May 2025, or if the Conditions
for Coupon Payment are fulfilled then the Autocalls will not be automatically exercised on 27 May 2025 but a Coupon
Payment will be paid.

                                              POTENTIAL AUTOMATIC EXERCISE


 Condition for Exercise                      Closing level of all Underlying Indices on 27 May 2025 is equal to or greater
                                             than the respective Initial Index Levels

 Date of announcement of whether             Wednesday, 28 May 2025, by 11h00
 the Condition for Exercise has
 been met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                      R1,130.0000

 Last date to trade                          Wednesday, 28 May 2025

 Suspension date                             Thursday, 29 May 2025

 Record date                                 Monday, 02 June 2025

 Payment/Redemption Date                     Tuesday, 03 June 2025

 Termination date                            Wednesday, 04 June 2025
                                              CONDITIONAL COUPON

Investec Bank Limited, as Issuer of the above Autocall Notes ("Autocalls"), hereby notifies Holders of the potential
payment of a Coupon on the Autocalls which is conditional on the levels of all of the Underlying Indices on 27 May 2025
(see the related securities above). If the conditions are fulfilled the Coupon will accrue on 27 May 2025.

 Conditions for Coupon Payment         Closing level of all the Underlying Indices on 27 May 2025 is at or above 85%
                                       and is less than 100% of the Initial Index Levels.

 Date of announcement of whether       Wednesday, 28 May 2025, by 11h00
 the Condition for the Coupon
 Payment has been met


Salient information should the Conditions for Coupon Payment be met:

 Coupon Amount                         R130.0000

 Last date to trade                    Wednesday, 28 May 2025

 Ex date                               Thursday, 29 May 2025

 Record date                           Monday, 02 June 2025

 Coupon Payment Date                   Tuesday, 03 June 2025



Date: 13 May 2025

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: 13-05-2025 11:05:00
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