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

INVESTEC BANK LIMITED - Potential automatic exercise of BATIIB autocall notes

Release Date: 02/03/2022 11:45
Code(s): BATIIB     PDF:  
Wrap Text
Potential automatic exercise of BATIIB autocall notes

INVESTEC BANK LIMITED


 Underlying Asset                   British American Tobacco PLC (London)

 Strike Price                       2643.40

 Expiry Date                        12 March 2026

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         160 000

 JSE Code                           BATIIB

 ISIN Code                          ZAE000297248


    POTENTIAL AUTOMATIC EXERCISE OF BATIIB AUTOCALL NOTES (AUTOCALLS) ON 14 MARCH 2022

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 14 March 2022 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 14 March 2022.

 Condition for Exercise                   Closing level of the Underlying Asset on 14 March 2022 is greater than the
                                          Strike Price

 Date of announcement of whether          Tuesday, 15 March 2022, by 11h00
 the Condition for Exercise has
 been met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                   R1,420.0000

 Last date to trade                       Tuesday, 15 March 2022

 Suspension date                          Wednesday, 16 March 2022

 Record date                              Friday, 18 March 2022

 Payment/Redemption Date                  Tuesday, 22 March 2022

 Termination date                         Wednesday, 23 March 2022



Date: 02 March 2022

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: 02-03-2022 11:45:00
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.