Automatic exercise of SCRIIB autocall notes
INVESTEC BANK LIMITED
Underlying Asset SCOR SE (Paris)
Strike Price 2500.57
Expiry Date 26 May 2027
Cover Ratio 1:1
Call/Put/Other Call
Style Bermudan
Issue Size 100 000
JSE Code SCRIIB
ISIN Code ZAE000311254
AUTOMATIC EXERCISE OF SCRIIB AUTOCALL NOTES (AUTOCALLS) ON 24 May 2024
As announced on 08 May 2024, Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"), hereby
notifies Holders of the automatic Exercise on 24 May 2024 (see the related securities above).
On 24 May 2024 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore Autocalls were
Exercised and expired on 24 May 2024. The Holders are entitled to a Cash Settlement Amount determined as follows:
Condition for Exercise Closing level of the Underlying Asset on 24 May 2024, multiplied by the
Share Adjustment Factor, is greater than the Strike Price
Date of announcement of whether the Monday, 27 May 2024
Condition for Exercise has been met
Cash Settlement Amount R1,660.0000
Last date to trade Monday, 27 May 2024
Suspension date Tuesday, 28 May 2024
Record date Friday, 31 May 2024
Payment/Redemption Date Monday, 03 June 2024
Termination date Tuesday, 04 June 2024
Date: 27 May 2024
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: 27-05-2024 01:59:00
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