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INVESTEC BANK LIMITED - Expiry of structured products notes IBLIIF

Release Date: 25/08/2021 11:15
Code(s): IBLIIF     PDF:  
Wrap Text
Expiry of structured products notes – IBLIIF

INVESTEC BANK LIMITED

EXPIRY OF STRUCTURED PRUDUCT NOTES (NOTES) – IBLIIF
Investec Structured Product Notes Expiry Date: 24 August 2021

 Index                              Basket of Shares
 Shares                             Naspers Limited (JSE: NPN)
                                    Tencent Holdings Limited (Hong
                                    Kong: 700HK)

 Issue Price                        ZAR1,000

 Expiry Date                        24 August 2021

 Cover Ratio                        1:1

 Call/Put/Other                     Other

 Style                              European

 Issue Size                         3,000,000

 JSE Code                           IBLIIF

 ISIN Code                          ZAE000289922

 Investec Bank Limited (“Investec”), as Issuer of the above Structured Product Notes (“Notes”), hereby reminds holders
 of their Note expiry on 24 August 2021 (see the related securities above).

 At the close of the JSE on the Expiry Date the Basket Level exceeded the Initial Basket Level, and Investec will pay
 the Cash Settlement Amount to the Holder of the Note on the Cash Settlement Payment Date.

   Last date to trade                                     Tuesday, 24 August 2021
   Date of announcement of final Basket Level and         Wednesday, 25 August 2021
   Cash Settlement Amount
   Suspension date                                        Wednesday, 25 August 2021
   Record Date                                            Friday, 27 August 2021
   Cash Settlement Payment Date                           Monday, 30 August 2021
   Termination Date                                       Tuesday, 31 August 2021
   Cash Settlement Amount                                 R1015.21

 Any captalised terms referred to herein, and not defined, shall bear the meanings ascribed thereto in the Note issue
 documentation.

 Date: 25 August 2021

 Copies of the offering circular may be obtained from:
        Investec Bank Limited
        100 Grayston Drive
        Sandown
        Sandton
        2196

 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: 25-08-2021 11:15:00
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