To view the PDF file, sign up for a MySharenet subscription.

INVESTEC BANK LIMITED - Automatic exercise of SXEIIT autocall notes

Release Date: 15/11/2021 11:05
Code(s): SXEIIT     PDF:  
Wrap Text
Automatic exercise of SXEIIT autocall notes

INVESTEC BANK LIMITED


 Index                              EuroStoxx ® Index
 Initial Index Level                3,712.20
 Expiry Date                        12 November 2024
 Cover Ratio                        1:1
 Call/Put/Other                     Call
 Style                              Bermudan
 Issue Size                         120,000
 JSE Code                           SXEIIT
 ISIN Code                          ZAE000280897


AUTOMATIC EXERCISE OF SXEIIT AUTOCALL NOTES (AUTOCALLS) ON 12 NOVEMBER 2021

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the automatic
Exercise on 12 November 2021 (see the related securities above).

On 12 November 2021 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore the
Autocalls were Exercised and expired on 12 November 2021. The Holders are entitled to a Cash Settlement Amount
determined as follows:

 Condition for Exercise                                Closing level of the Index on 12 November 2021 is greater than
                                                       the Initial Index Level

 Date of announcement of whether Condition for         Monday, 15 November 2021, by 11h00
 Exercise was met

 Cash Settlement Amount Calculation                    USD82.3114 x CCR

 CCR                                                   The USD/ZAR exchange rate on 15 November 2021 (15.2800)

 Cash Settlement Amount                                R1,257.7182

 Last date to trade                                    Monday, 15 November 2021

 Suspension date                                       Tuesday, 16 November 2021

 Record date                                           Thursday, 18 November 2021

 Payment/Redemption Date                               Friday, 19 November 2021

 Termination date                                      Monday, 22 November 2021



Date: 15 November 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: 15-11-2021 11:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.