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INVESTEC BANK LIMITED - AUTOMATIC EXERCISE OF SPXIIG AUTOCALL NOTES

Release Date: 03/05/2021 11:51
Code(s): SPXIIG     PDF:  
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AUTOMATIC EXERCISE OF SPXIIG AUTOCALL NOTES

INVESTEC BANK LIMITED


 Index                               Standard & Poor’s 500 Index

 Strike Price                        2945.83

 Expiry Date                         30/04/2024

 Cover Ratio                         1:1

 Call/Put/Other                      Call

 Style                               Bermudan

 Issue Size                          31 700

 JSE Code                            SPXIIG

 ISIN Code                           ZAE000273066


 AUTOMATIC EXERCISE OF SPXIIG AUTOCALL NOTES (AUTOCALLS) ON 30 April 2021

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of their automatic
option expiry which occurred on 30 April 2021 (see the related securities above).

On 30 April 2021 (the Valuation and Exercise Date), the conditions for early exercise were met, therefore the Autocalls
were automatically exercised and expired on the 30 April 2021. The Holders are entitled to a Cash Settlement Amount
determined as follows:

 Condition for Exercise                    Closing level of the Index on 30 April 2021 is greater than the Strike Price

 Closing level of the Index on 30          4,181.17
 April 2021

 Date of announcement of whether           Monday, 03 May 2021, by 11h00
 Condition for Exercise was be met

 Cash Settlement Amount                    ZAR1,225.00

 Last date to trade                        Monday, 03 May 2021

 Suspension date                           Tuesday, 04 May 2021

 Record date                               Thursday, 06 May 2021

 Payment/Redemption Date                   Friday, 7 May 2021

 Termination date                          Monday, 10 May 2021


Date: 03 May 2021

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: 03-05-2021 11:51:00
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