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INVESTEC BANK LIMITED - Potential automatic exercise of KSEIIB autocall notes

Release Date: 03/03/2023 12:10
Code(s): KSEIIB     PDF:  
Wrap Text
Potential automatic exercise of KSEIIB autocall notes

INVESTEC BANK LIMITED


 Underlying Asset                   Krane Shares CSI China Internet ETF

 Initial ETF Price                  32.89

 Expiry Date                        03 March 2025

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         50 000

 Issue Price                        100 000

 JSE Code                           KSEIIB

 ISIN Code                          ZAE000307997


    POTENTIAL AUTOMATIC EXERCISE OF KSEIIB AUTOCALL NOTES (AUTOCALLS) ON 02 MARCH 2023

Holders are referred to the SENS announcement dated 16 February 2023, the conditions for Exercise were not met and
the Autocalls were not automatically exercised on 02 March 2023. The dates referred to in the SENS announcement
dated 16 February 2023 are not applicable.

 Condition for Exercise                   Closing level of the Underlying Asset on 02 March 2023 is greater than the
                                          Initial ETF Price

 Closing level of the Index on 02         31.49
 March 2023

 Remaining Exercise Dates                 Monday, 04 March 2024
                                          Monday, 03 March 2025



Date: 03 March 2023

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: 03-03-2023 12:10:00
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