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INVESTEC BANK LIMITED - Automatic exercise - KSEIIB

Release Date: 04/03/2025 11:50
Code(s): KSEIIB     PDF:  
Wrap Text
Automatic exercise - KSEIIB

INVESTEC BANK LIMITED



 Underlying Asset                          Krane Shares CSI China Internet ETF

 Initial Asset Price                       29.6010

 Expiry Date                               03 March 2025

 Cover Ratio                               1:1

 Call/Put/Other                            Call

 Style                                     Bermudan

 Issue Size                                50,000

 JSE Code                                  KSEIIB

 ISIN Code                                 ZAE000307997



AUTOMATIC EXERCISE OF KSEIIB AUTOCALL NOTES (AUTOCALLS) ON 03 March 2025

As announced on 17 February 2025, Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"), hereby notifies
Holders of the automatic Exercise on 03 March 2025 (see the related securities above).

On 03 March 2025 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore the Autocalls were
Exercised and expired on 03 March 2025. The Holders are entitled to a Cash Settlement Amount determined as follows:


  Condition for Exercise                               Closing level of the Index on 03 March 2025 is greater than the Initial Index
                                                       Level

  Date of announcement of whether the Condition        Tuesday, 04 March 2025
  for Exercise has been met
  Cash settlement amount                               R 1,558.60

  Last date to trade                                   Tuesday, 04 March 2025

  Suspension date                                      Wednesday, 05 March 2025

  Record date                                          Friday, 07 March 2025

  Payment/Redemption date                              Monday, 10 March 2025

  Termination date                                     Tuesday, 11 March 2025



Date: 04 March 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: 04-03-2025 11:50:00
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